By David Shepardson WASHINGTON (Reuters) -The breakdown of a key computer system, which resulted in the suspension of U.S. flight…
Fed’s Harker ready to downshift to 25 basis-point interest rate hikes
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Philadelphia leader Patrick Harker said Thursday that while the…
North America aims to make 25% of what it imports from Asia, Mexico says
MEXICO CITY (Reuters) – Mexico, the United States and Canada plan to produce in North America 25% of what they…
Britons splurge at Christmas but retailers brace for tougher 2023
By James Davey and Paul Sandle LONDON (Reuters) – British shoppers spent freely at Christmas, piling their trolleys with party…
New economic ‘regime’ challenges central bankers to keep pace
By Howard Schneider WASHINGTON (Reuters) – For roughly 30 years Federal Reserve policymakers and other central bankers enjoyed a world…
India, U.S. establish new trade group to bolster supply chains
NEW DELHI (Reuters) -India and the United States have established a new working group to build sustainable supply chains and…
Germany should diversify its trade partners, economic adviser says
BERLIN (Reuters) – Germany needs to diversify its international business partners and focus on new regions of the world, the…
China consumer inflation accelerates in Dec; PPI falls with soft demand
BEIJING (Reuters) – China’s annual consumer inflation rate accelerated in December, driven by rising food prices even as domestic demand…
Airlines hope for return to normal Thursday after FAA outage snarls U.S. travel
By David Shepardson, Rajesh Kumar Singh and Abhijith Ganapavaram WASHINGTON/CHICAGO (Reuters) -The U.S. aviation sector was struggling to return to…
U.S. to announce list of drugs for pricing negotiations Sept. 1
By Ahmed Aboulenein WASHINGTON (Reuters) – The U.S. government will announce a list of 10 prescription drugs for which it…