CAIRO (Reuters) – The central bank of Kuwait raised its discount rate by 0.50% from 3% to 3.50% effective Dec.…
TAP cabin staff to strike on Dec. 8-9, plan more walkouts until end-Jan
LISBON (Reuters) – Cabin staff at Portugal’s flag carrier TAP will go on strike on Thursday and Friday to demand…
Michelin to cut fewer jobs to protect production
PARIS (Reuters) – Michelin will cut fewer jobs in France than the 2,300 estimated in its initial voluntary redundancy plan…
Citadel celebrates banner year at Disney as Wall Street nurses losses
By Svea Herbst-Bayliss NEW YORK (Reuters) -For much of Wall Street, trading this year has been like riding a wild…
Turkish exporters’ head says FX rate should better reflect inflation
By Ceyda Caglayan ISTANBUL (Reuters) – The Turkish lira’s sudden stability after a roller-coaster year, despite annual inflation near 85%,…
Russia considers setting oil price floor in response to G7 – Bloomberg News
(Reuters) – Russia is considering setting a price floor for its international oil sales as a response to a cap…
Canada’s Ivey PMI shows activity growing at faster pace in November
TORONTO (Reuters) – Canadian economic activity expanded at a faster pace in November and a measure of price pressures cooled,…
Russia’s Jan-Nov oil output up 2% ahead of EU ban, price caps
MOSCOW (Reuters) – Russia’s January-November oil and gas condensate production rose 2.2% from a year earlier to 488 million tonnes,…
Wall St inches lower at open after selloff on Fed worries
(Reuters) – U.S. stock indexes inched lower at open on Tuesday after a selloff in the prior session on fears…
Poor countries’ debt servicing is the costliest since 2000 – World Bank
By Rodrigo Campos NEW YORK (Reuters) – The poorest countries in the world now spend over a tenth of their…