DUBAI (Reuters) – The UAE’s GDP is expected to grow 6.5% this year, and more than 7% next year, the…
Bank of England to add 50 bps to Bank Rate on Dec. 15; peak at 4.25% in Q2: Reuters Poll
By Jonathan Cable LONDON (Reuters) – The Bank of England will add another 50 basis points to Bank Rate next…
U.S. floats new steel, aluminum tariffs based on carbon emissions
By David Lawder WASHINGTON (Reuters) -U.S. officials are proposing to levy tariffs on steel and aluminum based on how much…
Brazil’s Senate approves bill raising 2023-24 spending cap, sends to lower house
BRASILIA (Reuters) -Brazil’s Senate approved on Wednesday a constitutional amendment to increase the government spending cap, allowing the incoming administration…
European energy firms dominate landmark California offshore wind auction
By Nichola Groom (Reuters) -The U.S. government’s first-ever sale of offshore wind development rights off the coast of California drew…
Analysis-Peru markets take in political drama as investors focus on fundamentals
By Rodrigo Campos NEW YORK (Reuters) – On a day of high drama for Peruvian politics that saw the president…
Saudi Arabia expects narrower 2023 surplus as uncertainty clouds oil outlook
By Rachna Uppal, Aziz El Yaakoubi and Yousef Saba RIYADH (Reuters) -Saudi Arabia expects to post a second consecutive budget…
Australian minister urges greater U.S. economic engagement with Indo-Pacific
WASHINGTON (Reuters) – Australia’s Foreign Minister on Wednesday praised Washington’s commitment to Indo-Pacific security but said its departure from a…
Analysis-East Europeans count their pennies for Christmas as food costs soar
By Krisztina Than TISZAESZLAR, Hungary (Reuters) – Consumers in Eastern Europe are saving up to put their favourite carp and…
U.S. blacklists companies for aiding Russian military
By David Shepardson WASHINGTON (Reuters) -The Biden administration on Wednesday added 24 companies and other entities to an export control…