WASHINGTON (Reuters) – As Democratic President Joe Biden and House of Representatives Speaker Kevin McCarthy gird for a protracted battle…
European shares fall as strong U.S. data stokes rate hike jitters
By Ankika Biswas and Amruta Khandekar (Reuters) – European shares fell on Monday, as fears that the global interest rate-hiking…
Russia’s Sechin says Europe no longer sets Urals price
By Nidhi Verma and Arunima Kumar BENGALURU, India (Reuters) -Europe will no longer set the reference price for Russia’s flagship…
What is Bank of England watching as it considers peak in rates?
By Andy Bruce MANCHESTER, England (Reuters) – The Bank of England has signalled the tide is turning in its battle…
India’s Adani crisis spills over into street protests as losses top $110 billion
By Adnan Abidi, M. Sriram and Aditi Shah NEW DELHI (Reuters) – The crisis engulfing the Adani Group intensified on…
Yellen: ‘You don’t have a recession’ when U.S. unemployment at 53-year low
By Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Monday said she saw a path for avoiding a…
Bank of England’s Mann doubles down on backing for rate hikes
By Gergely Szakacs BUDAPEST (Reuters) – Bank of England rate-setter Catherine Mann on Monday backed further increases in interest rates…
Analysis-Despite stupendous win on Adani, India short-selling boom unlikely
By Anshuman Daga, Scott Murdoch and Svea Herbst-Bayliss SINGAPORE/NEW YORK (Reuters) – Hindenburg Research’s spectacular short bet against India’s Adani…
New Delhi to meet fiscal target in coming year, capex a longer shot
By Vivek Mishra BENGALURU (Reuters) – The Indian government will meet its deficit target for the coming fiscal year, according…
India’s Adani to prepay $1.11 billion loans on shares, denies report on capex cut
(Reuters) -India’s Adani Group on Monday said shares related to some group companies will be released following the pre-payment of…