By Nivedita Balu and Akash Sriram (Reuters) – Apple Inc is expected to report its first decline in quarterly revenue…
Price cap on Russian refined fuels set to disrupt trade
By Swati Verma and Noah Browning (Reuters) – The European Union’s ban on imports of Russian refined oil products, including…
Adani’s adversity raises the stakes for India and investors
By Tom Westbrook and Vidya Ranganathan SINGAPORE (Reuters) – As Indian tycoon Gautam Adani’s woes deepen and force him to…
Denmark’s central bank raises key rate to 2.1%
COPENHAGEN (Reuters) – Denmark’s central bank raised its key interest rate by 35 basis points to 2.1% on Thursday, following…
U.S. weekly jobless claims drop to nine-month low; productivity gains speed
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits dropped to a nine-month…
Czech central bank signals rates to stay elevated, welcomes strong crown
By Robert Muller and Jan Lopatka PRAGUE (Reuters) – The Czech National Bank (CNB) left interest rates unchanged at a…
Biden will pick new economic team after State of the Union -officials
By Andrea Shalal and Trevor Hunnicutt WASHINGTON (Reuters) – U.S. President Joe Biden is still weighing candidates for new top…
Shell 2022 profit more than doubles to record $40 billion
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – Shell delivered a record $40 billion profit in 2022, the energy…
ECB governors see at least two more rate hikes, sources say
FRANKFURT (Reuters) – European Central Bank policymakers left Thursday’s meeting expecting at least two more rate hikes, although differences remained…
Central banks should stick to ‘higher for longer’ interest rate approach – IMF
By Lindsay Dunsmuir (Reuters) -Global central banks need to make clear to financial markets the probable need for interest rates…