By Alex Lawler LONDON (Reuters) -OPEC on Monday cut its forecast for 2022 global oil demand growth for a fifth…
Morgan Stanley sees 150 bps BoE rate cuts in 2024
MILAN (Reuters) – Morgan Stanley expects the Bank of England (BoE) to cut interest rates by 150 basis points in…
India’s October WPI inflation eases to 8.39% y/y
NEW DELHI (Reuters) – India’s annual wholesale price-based inflation (WPI) eased in October to 8.39% year-on-year, the lowest since March…
Yellen hopes Biden-Xi G20 meeting will boost U.S.-China economic engagement
By David Lawder NUSA DUA, Indonesia (Reuters) – U.S. Treasury Secretary Janet Yellen said she hopes President Joe Biden’s meeting…
U.S. may skirt recession in 2023, Europe not so lucky-Morgan Stanley
By Kevin Buckland TOKYO (Reuters) – Britain and the euro zone economies are likely to tip into recession next year,…
IMF says global economic outlook getting ‘gloomier’, risks abound
By Andrea Shalal WASHINGTON (Reuters) – The global economic outlook is even gloomier than projected last month, the International Monetary…
France’s top priority is ending inflation, Le Maire tells Yellen at G20
NUSA DUA, Indonesia (Reuters) – French Finance Minister Bruno Le Maire said on Monday that Europe and France were paying…
FTX collapse being scrutinized by Bahamas authorities
By Jasper Ward NASSAU, Bahamas (Reuters) – The collapse of cryptocurrency exchange FTX is the subject of scrutiny from government…
UK house prices fall as buyers count cost of mini-budget – Rightmove
By Suban Abdulla LONDON (Reuters) – Asking prices for British residential properties are dropping and there are signs that the…
India can buy as much Russian oil as it wants, outside price cap, Yellen says
By David Lawder NEW DELHI (Reuters) -The United States is happy for India to continue buying as much Russian oil…