NEW DELHI (Reuters) – India’s annual industrial output rose 3.1% year-on-year in September, government data showed on Friday. Analysts polled…
BoE will need to raise rates to 4.75% to bring down inflation – NIESR
LONDON (Reuters) – The Bank of England will probably need to raise interest rates to 4.75% in order to bring…
Pfizer’s India arm posts profit jump on lower costs, price hikes
BENGALURU – Pfizer Ltd, the Indian arm of U.S. pharma giant Pfizer Inc, reported a rise in second-quarter profit on…
EU says Hungary made ‘significant step’ to get recovery funds – source
By Gabriela Baczynska BRUSSELS (Reuters) – Hungary made a “significant step” towards securing billions in economic stimulus funds by accepting…
IMF announces start of new policy discussions with Ukraine
KYIV (Reuters) – The International Monetary Fund said it was starting “policy discussions” with Ukraine on Friday, building on meetings…
Exclusive-Apple supplier Foxconn plans to quadruple workforce at India plant-sources
By Sudarshan Varadhan and Yimou Lee NEW DELHI/TAIPEI (Reuters) – Apple supplier Foxconn plans to quadruple the workforce at its…
Moody’s cuts India’s 2022 GDP growth forecast to 7%, sees 2023 growth at 4.8%
MUMBAI (Reuters) – Rating agency Moody’s cut India’s growth projections for the current and next calendar year due to higher…
U.S. judge strikes down Biden’s student debt relief plan
By Nate Raymond (Reuters) -A federal judge in Texas on Thursday ruled that President Joe Biden’s plan to cancel hundreds…
Tropical Storm Nicole causes U.S. flight cancellations
WASHINGTON (Reuters) – Airlines in the United States canceled more than 1,350 flights on Thursday as Tropical Storm Nicole made…
Exclusive-Political leaders drawn into $2 billion Airbus-Qatar jet dispute
By Tim Hepher and Elizabeth Pineau PARIS (Reuters) – A dispute between Airbus and Qatar Airways over grounded A350 jets…