By Rodrigo Campos NEW YORK (Reuters) – The poorest countries in the world now spend over a tenth of their…
Airlines see return to profit in 2023, clash with airports
By Emma Farge GENEVA (Reuters) -Global airlines are predicting their first industry-wide profit since 2019 next year as air travel…
Australia sues AmEx on alleged breach of credit card distribution laws
(Reuters) -The Australian securities regulator on Tuesday took the local unit of American Express Co (AmEx) to court alleging two…
Factbox-How governments are trying to ease inflation pain
(Reuters) – Pandemic-related disruptions to global supply chains and the knock-on effects of Russia’s war in Ukraine have driven up…
Moody’s sees ‘very high’ foreign exchange risk for banks in Ukraine, Turkey
LONDON (Reuters) – Banks in countries such as Ukraine and Turkey face a “very high” risk from restrictions on capital…
Swiss engineering group ABB fined $4.3 million
ZURICH (Reuters) – Swiss engineering and technology group ABB has been fined 4 million Swiss francs ($4.3 million) by the…
Kenya private sector activity rises in November – PMI
NAIROBI (Reuters) – Kenya’s private sector activity rose in November after falling a month earlier, helped by improved output in…
Global central banks extend rate hike push in November
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of rate hikes delivered by central banks…
South Korea’s Yoon vows full policy support to boost exports
SEOUL (Reuters) – South Korean President Yoon Suk-yeol renewed his pledge to focus all government resources on boosting exports, saying…
Ghana to swap domestic debt in fight to regain economic stability
By Christian Akorlie and Cooper Inveen ACCRA (Reuters) – Ghana will launch a domestic debt exchange on Monday, its Finance…