WASHINGTON (Reuters) – U.S. business inventories increased moderately in October, suggesting that businesses were slowing the pace of stock accumulation…
Portugal to give one-off subsidy to poorest families amid soaring inflation
LISBON (Reuters) – Portugal’s government approved a one-off subsidy of 240 euros for over a million poor families, whose purchasing…
U.S. sanctions Russian oligarch Potanin and Rosbank -Treasury Dept. website
WASHINGTON (Reuters) – The United States imposed sanctions on one of Russia’s richest men, Vladimir Potanin, and Russian commercia bank…
U.S. manufacturing output dragged down by motor vehicle weakness
WASHINGTON (Reuters) – Production at U.S. factories dropped more than expected in November as a decline in the output of…
Ghana begins tackling debt restructuring pain as it secures IMF deal
(This Dec.14 story has been corrected to fix the company name to PineBridge Investments) By Rachel Savage JOHANNESBURG (Reuters) –…
Wall Street opens lower on angst over hawkish Fed
(Reuters) – Wall Street’s main indexes opened lower on Thursday as the Federal Reserve’s guidance to stick to protracted policy…
Factbox-Germany’s energy prices bill – what are the details?
BERLIN (Reuters) – Here are some details of legislation passed by Germany’s lower house of parliament on Thursday to cap…
Hungary’s inflation may peak at 25%-27% in first quarter, minister says
BUDAPEST (Reuters) -Hungary’s inflation could peak at an annualised rate of 25%-27% in January or February, Minister of Economic Development…
Philly Fed manufacturing survey shows inflation pressures at 27-month low
(Reuters) – Manufacturing activity in the U.S. mid-Atlantic region contracted for a fourth straight month in December, but factory operators…
Putin throws lifeline to housing sector with subsidised mortgages extension
MOSCOW (Reuters) – Russian President Vladimir Putin on Thursday extended a preferential mortgage scheme by 18 months, providing a lifeline…