WASHINGTON (Reuters) – A shutdown of U.S. rail lines would be “unacceptable,” because it would harm workers, families and businesses,…
U.S. Supreme Court spurns challenge to Seattle’s hotel worker insurance mandate
By Daniel Wiessner (Reuters) -The U.S. Supreme Court on Monday turned away a challenge to a 2018 Seattle law requiring…
Russian firms cut forex loans, exposure in Oct -central bank
MOSCOW (Reuters) – Russian companies reduced their foreign currency loans by $7.4 billion last month and have also cut forex…
Saudi denies oil output hike discussion, says OPEC+ may cut if needed
(Reuters) -Saudi Arabia on Monday said that OPEC+ was sticking with oil output cuts and could take further measures to…
ECB’s Centeno sees possibility of rate hike smaller than 75 bps
LISBON (Reuters) -The next increase in interest rates by the European Central Bank could be smaller than the record 75…
Credit outlook darkens for non-financial companies, Moody’s says
By Juliette Portala (Reuters) – The outlook for credit conditions next year for non-financial companies in Europe, Middle East and…
Russia eases capital movement controls
MOSCOW (Reuters) – Russia’s central bank will in some cases allow authorised banks and state development bank VEB to export…
Nigerian subsidies constrain development, says World Bank
LAGOS (Reuters) – Nigeria’s subsidies on petrol, electricity and foreign exchange are mostly benefiting wealthy households, the World Bank said…
ECB’s Villeroy: inflation in France and Europe will peak in first half of 2023
PARIS (Reuters) – Inflation should reach its peak in France and in Europe by the first half of next year,…
U.S. Supreme Court rebuffs RBS ex-banker’s whistleblower award bid
By Andrew Chung (Reuters) – The Supreme Court on Monday declined to hear former Royal Bank of Scotland managing director…