By Uditha Jayasinghe COLOMBO (Reuters) – The United States wants China to provide credible and specific assurances to the International…
UK factory output shrinks again at start of tough 2023 – PMI
LONDON (Reuters) – British manufacturers saw their business shrink for a sixth month in a row in January, kicking off…
Cost of living crisis tests striking French workers
By Layli Foroudi and Leigh Thomas PARIS (Reuters) – French railway worker Franck Viger-Brunet says he and his comrades have…
PayPal’s rocky road ahead warrants more cost cuts, Wall Street says
(Reuters) – PayPal Holdings Inc will need to cut more costs with its payment volumes expected to shrink as customers…
Pakistan January CPI rises 27.5% year-on-year
By Ariba Shahid KARACHI, Pakistan (Reuters) – Pakistan’s consumer price index rose 27.5% year-on-year in January, the statistics bureau said…
Chile’s economic activity falls less than expected in December
SANTIAGO (Reuters) – Chile’s economy performed better than expected in December but still ended 2022 in negative territory as the…
Sticky underlying inflation set to keep ECB on its toes
FRANKFURT (Reuters) -Euro zone inflation eased for the third straight month in January but any relief for the European Central…
Lebanon devalues official exchange rate by 90%
BEIRUT (Reuters) -Lebanon devalued its official exchange rate for the first time in 25 years on Wednesday, weakening it by…
Analysis-Hawkish Fed could hobble volatility funds’ stock buying spree
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Volatility-linked funds estimated to be buying as much as $2 billion in…
Marketmind: A quart and two halves
A look at the day ahead in U.S. and global markets from Mike Dolan. After a heady January brew, investors…