By Wayne Cole SYDNEY (Reuters) -Australian wages boasted the largest rise in a decade last quarter as a super-tight labour…
UK council tax caps to be eased amid local authority funding crisis -FT
(Reuters) – British finance minister Jeremy Hunt is set to give local authorities the right to raise council tax by…
In Burnley, Britain’s cost of living crisis hits home
By Natalie Thomas BURNLEY, England (Reuters) – Skipping lunch each day and watching television in blankets to keep warm is…
Jobless rate rises as UK prepares to tighten belts again
By William Schomberg LONDON (Reuters) -Britain’s unemployment rate unexpectedly rose and vacancies fell for a fifth report in a row…
Wall Street gains on inflation data, but rocky on geopolitics
By Lewis Krauskopf, Amruta Khandekar and Ankika Biswas (Reuters) – Wall Street’s main indexes gained on Tuesday, shaking off an…
Cuba seeks to drum up foreign investment despite crisis
By Marc Frank and Nelson Acosta HAVANA (Reuters) – Cuba on Tuesday said it had signed 30 foreign investment deals…
Australia economy set to slow amid downside risks -IMF
SYDNEY (Reuters) – Australia should continue to tighten monetary and fiscal policy to contain inflation even as its economy is…
Brazil inflation fight not over, faces serious recession risk -central bankers
(Reuters) -Brazil’s battle against inflation is not over and the country is at serious risk of recession if it does…
Fitch downgrades Telecom Italia to ‘BB-‘
(Reuters) -Ratings agency Fitch on Tuesday downgraded Telecom Italia’s credit rating to ‘BB-‘ from ‘BB,’ citing insufficient debt reduction in…
U.S. debt limit increase not needed this year -Sen. McConnell
WASHINGTON (Reuters) -U.S. Senate Republican Leader Mitch McConnell on Tuesday downplayed the likelihood the chamber will vote by year’s end…