(Reuters) – The New York Federal Reserve said on Wednesday its barometer of manufacturing activity in New York State contracted…
Barclays shares tumble 9% as profit disappoints
By Lawrence White and Iain Withers LONDON (Reuters) – Barclays reported a 14% fall in full-year pretax profit on Wednesday…
India’s January merchandise trade deficit hits 1-year low of $17.75 billion
By Sarita Chaganti Singh NEW DELHI (Reuters) – India’s merchandise trade deficit in January hit its lowest in a year…
India may consider fuel, maize tax cuts to cool inflation – sources
By Swati Bhat and Aftab Ahmed MUMBAI/NEW DELHI (Reuters) – The Indian government could consider reducing taxes on some items…
How secret London talks led to Air India’s gigantic plane order
By Aditi Shah and Tim Hepher BENGALURU/PARIS (Reuters) -Air India’s record aircraft deal has put the Tata Group-owned airline in…
Inflation in Pakistan could average 33% in H1 2023, says Moody’s economist
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…