By Nelson Bocanegra BOGOTA (Reuters) – Colombia’s economic growth is likely to have slowed in the third quarter of the…
Italy to raise cash payments cap to 5,000 euros from 1,000, draft shows
ROME (Reuters) – Italy plans to raise a limit on cash payments to 5,000 euros ($5,078) from 1,000 euros, a…
Fed’s Logan: Inflation data a ‘welcome relief,’ still long way to go
By Lindsay Dunsmuir (Reuters) -A U.S. government report showing consumer prices increasing less than expected in October is “welcome relief,”…
Wynn resorts to open Gulf Arab’s first casino at Ras Al Khaimah resort
DUBAI (Reuters) – Hotel and casino operator Wynn Resorts will open a casino at the luxury resort it is building…
Mizuho Trust seeing surge in advisory requests as activists target Japan
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – The trust bank unit of Japan’s Mizuho Financial Group Inc is…
Biden: consumer price data shows progress on curbing inflation
WASHINGTON (Reuters) – U.S. President Joe Biden on Thursday said the latest consumer price index report shows a much-needed break…
IMF sees rising economic fragmentation risk, urges policymakers fight inflation
By Andrea Shalal WASHINGTON (Reuters) -The biggest challenge facing central bankers now is bringing inflation down, International Monetary Fund Managing…
ECB hawks call for growth-curbing rate hikes to tame inflation
By Balazs Koranyi LJUBLJANA (Reuters) -Three of the European Central Bank’s most outspoken policy hawks called on Thursday for raising…
Fed’s Harker says favors possible rate hike pause when funds rate hits around 4.5%
By Michael S. Derby (Reuters) – Federal Reserve Bank of Philadelphia President Patrick Harker said Thursday the point where the…
Egypt’s headline inflation jumps to 16.2% in October
CAIRO (Reuters) – Egypt’s annual urban consumer inflation accelerated faster than expected in October, climbing to a four-year high of…