By Herbert Lash NEW YORK (Reuters) -Global equity markets surged on Monday as easing recession fears and hopes of a…
India commits to help Sri Lanka on debt in prospective IMF program
(Reuters) -India has committed to help ease the debt burden of its crisis-stricken neighbor Sri Lanka as part of a…
Canada’s energy jobs transition bill sparks discord in oil heartland
By Nia Williams and Steve Scherer (Reuters) -In Canada’s western oil patch, controversy is raging over federal government legislation intended…
Nokia signs new 5G patent deal with Samsung
OSLO (Reuters) – Nokia said on Monday it has signed a new cross-license patent agreement with Samsung following the expiry…
Dollar edges lower vs euro on ECB rate hike bets
By Saqib Iqbal Ahmed and Samuel Indyk NEW YORK (Reuters) – The dollar slipped against the euro on Monday, at…
Egypt’s Sisi defends mega-projects with economy under strain
CAIRO (Reuters) – Egyptian President Abdel Fattah al-Sisi on Monday defended mega-projects undertaken since he took power, saying they were…
Peru’s annual inflation to soar over 8.8% as blockades hit food prices -minister
LIMA (Reuters) – Inflation in Peru will likely end January at a rate between 8.8% and 8.9% on an annual…
Venezuela’s inflation slows to 234% in 2022, vice president says
CARACAS (Reuters) – Inflation in Venezuela hit 234% in 2022, Vice President Delcy Rodriguez said on Monday, representing a slowdown…
Ford to cut up to 3,200 European jobs, union says, vowing to fight
By Victoria Waldersee and Christina Amann BERLIN (Reuters) -Ford Motor Co plans to cut up to 3,200 jobs across Europe…
ECB policymakers spar on rate outlook beyond Feb hike
By Balazs Koranyi and Robert Muller FRANKFURT/PRAGUE (Reuters) -European Central Bank policymakers laid out diverging views on future interest rate…