By Timothy Aeppel (Reuters) – Will a robot ever make your blue jeans? There is a quiet effort underway to…
India’s November retail inflation below 6% for first time this year
By Aftab Ahmed and Nikunj Ohri NEW DELHI (Reuters) -India’s annual retail inflation eased below its central bank’s upper tolerance…
Too good to be bad, too risky to be good, Fed managing ‘unloved’ economy
By Howard Schneider WASHINGTON (Reuters) – After playing catch-up with inflation through the past year in a policy shift made…
TUI hopes for strong summer for travel despite inflation
BERLIN (Reuters) – TUI, the world’s largest holiday company, is seeing growing demand for travel despite the energy crisis and…
U.S. finalizes $2.5 billion loan to GM, LG battery joint venture
By David Shepardson WASHINGTON (Reuters) – The U.S. Energy Department said on Monday it had finalized a $2.5 billion low-cost…
ECB to raise scrutiny of banks’ credit risk, funding in 2023 as recession looms
FRANKFURT (Reuters) – The European Central Bank will increase scrutiny over how banks manage credit risk and diversify funding, it…
UK economy set to get worse before recovery – Hunt
LONDON (Reuters) – British finance minister Jeremy Hunt said the country’s economy was “likely to get worse before it gets…
Businesses in China’s Wuhan face fresh worries after COVID easing
By Martin Quin Pollard WUHAN, China (Reuters) – Infections are delivering a fresh kick in the teeth for many small…
U.S. inflation will be much lower by end of 2023 – Yellen
By Costas Pitas and Andrea Shalal (Reuters) – U.S. Treasury Secretary Janet Yellen on Sunday forecast a substantial reduction in…
Investor group launches campaign to help companies protect nature
MONTREAL (Reuters) – Here’s the plan: Select 100 companies whose business burdens nature. Then, offer advice on how to lighten…