By Alexander Marrow MOSCOW (Reuters) – Russia will keep interest rates on hold for a few months before resuming monetary…
Central banks stay firmly in rate hike mode but slowdown on cards
LONDON (Reuters) – The United States, Australia, Britain and Norway have all raised interest rates this week in the latest…
Exclusive-Shell’s flagship LNG trading made nearly $1 billion loss in Q3 -sources
By Ron Bousso, Marwa Rashad and Dmitry Zhdannikov LONDON (Reuters) – Shell’s liquefied natural gas (LNG) trading division recorded a…
Runwise raises $19 million to improve buildings’ energy efficiency
By Juliette Portala (Reuters) – U.S.-based building technology firm Runwise said on Thursday it had raised $19 million in a…
U.S. productivity rebounds moderately in third quarter
WASHINGTON (Reuters) – U.S. worker productivity rebounded less than expected in the third quarter, resulting in continued upward pressure on…
Expert View: Bank of England lifts UK rates to 3% in historic hike
LONDON (Reuters) – The Bank of England raised UK interest rates to 3% on Thursday in its largest rate hike…
Inter IKEA posts 45% profit fall on costs, Russia
STOCKHOLM (Reuters) – IKEA franchiser Inter IKEA posted a 45% fall in pre-tax profit for the year through August to…
China to keep yuan stable, says central bank governor
HONG KONG (Reuters) – China will keep the yuan currency stable and increase flexibility of the yuan exchange rate, the…
ECB can’t just mimic Fed in fight against inflation, Lagarde says
FRANKFURT (Reuters) -The European Central Bank must pay attention to the U.S. Federal Reserve, which influences global markets, but it…
U.S. trade deficit widens in September
WASHINGTON(Reuters) – The U.S. trade deficit widened sharply in September, likely as a strong dollar and softening global demand weighed…