MOSCOW (Reuters) – Consumer prices in Russia rose at a slower pace over the last week, data from the state…
Upfront debt cuts could save hardest-hit countries $148 billion, says UNDP
By Rachel Savage JOHANNESBURG (Reuters) – A 30% upfront cut of debt-stressed countries’ borrowings could save them $148 billion over…
Turkey supports jobs and wages in earthquake-ravaged south
By Ali Kucukgocmen and Henriette Chacar ANTAKYA, Turkey (Reuters) – Turkey launched a temporary wage support scheme on Wednesday and…
Israel central bank in focus as judicial reform plan hits shekel
By Steven Scheer JERUSALEM (Reuters) -Israel’s shekel was largely unchanged against the dollar late on Wednesday, recovering from further falls…
Lloyds faces housing market chill as profit growth stalls
By Iain Withers and Lawrence White LONDON (Reuters) – Britain’s Lloyds Banking Group signalled that falling house prices, competition on…
Danone eyes better margins in 2023, Q4 sales top estimates
By Dominique Vidalon PARIS (Reuters) -French food group Danone said on Wednesday it expected better margins this year after soaring…
Stellantis sees car price pressure ahead as profit beats forecasts
By Giulio Piovaccari and Nick Carey MILAN (Reuters) -Fiat, Ram and Peugeot maker Stellantis beat profit forecasts on Wednesday due…
Indian cenbank onshore, offshore intervention helps rupee outperform-traders
By Nimesh Vora MUMBAI (Reuters) – The Reserve Bank of India (RBI) is likely intervening in both the offshore and…
Tesla scales back German battery plans, won over by U.S. incentives
By Victoria Waldersee BERLIN (Reuters) -Tesla Inc has begun assembling batteries in Germany but will focus cell production in the…
Nigeria economic growth slows as industry and oil sectors shrink
By Chijioke Ohuocha ABUJA (Reuters) -Nigeria’s economic growth slowed to 3.52% in the fourth quarter from 3.98% a year earlier,…