By Swati Bhat and Gibran Naiyyar Peshimam MUMBAI/ISLAMABAD (Reuters) – Inflation in Pakistan could average 33% in the first half…
Exclusive-G20 host India to propose China, other creditors take haircuts on loans – sources
By Neha Arora and Aftab Ahmed NEW DELHI (Reuters) – India is drafting a proposal for G20 countries to help…
Analysis-Washington pushes for harsher action against banks with Russia ties
By John O’Donnell BERLIN (Reuters) -The United States could sanction more banks with links to Russia and will step up…
Biden taps Brainard, Bernstein to lead economic team, braces for debt ceiling fight
By Andrea Shalal, Steve Holland and Lindsay Dunsmuir (Reuters) -President Joe Biden on Tuesday picked Federal Reserve Vice Chair Lael…
Stocks, dollar make little progress, after U.S. inflation data
By Sinéad Carew (Reuters) – The S&P 500 ended Tuesday’s volatile session slightly lower while the dollar was barely higher…
Bernstein, Biden’s chief economist pick, big backer of ‘worker power’
By Andrea Shalal WASHINGTON (Reuters) -U.S. President Joe Biden on Tuesday said he would nominate trusted confidante and long-time economic…
Airbus says Air India to lease jets on top of record order
By Tim Hepher PARIS (Reuters) – Airbus will start delivering narrow-body A320neo-family jets to Air India at the end of…
Air India seals record order for almost 500 Airbus, Boeing jets
By Aditi Shah and Tim Hepher BENGALURU/PARIS (Reuters) -Air India unveiled deals on Tuesday for a record 470 jets from…
Biden pledges to not let America default on its debt
By Steve Holland and Nandita Bose WASHINGTON (Reuters) – President Joe Biden challenged Republicans on Tuesday to release a budget…
Rents push up U.S. consumer prices; inflation gradually cooling
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices accelerated in January as Americans continued to be burdened by higher…