WTO Lowers 2022 Global Trade Growth Forecast Amid COVID, Ukraine ‘double Whammy’
By Emma Farge GENEVA (Reuters) -The World Trade Organization (WTO) on Tuesday revised down its forecast for global trade growth…
2022
Taiwan IPhone Maker Pegatron Suspends Operations At Two China Plants
TAIPEI (Reuters) -Taiwan’s Pegatron Corp, which assembles iPhones for Apple Inc, said on Tuesday it had suspended operations at its…
European Cosmetics Makers Face Supply Crisis Amid Scarcity Of Ukraine Resources
By Mimosa Spencer, Valentina Za and Francesco Zecchini PARIS/MILAN (Reuters) – European perfume- and cosmetics-makers face shortages of paper, glass,…
German Investor Morale Dips In April, Inflation Expectations Ease
BERLIN (Reuters) – German investor sentiment fell by less than expected in April, a survey showed on Tuesday, as a…
Dubai’s DEWA utility goes public after raising $6B in IPO
DUBAI, United Arab Emirates (AP) — Dubai’s Water and Electricity Authority, known as DEWA, began trading for the first time…
Sri Lanka halts debt repayment pending IMF bailout plan
COLOMBO, Sri Lanka (AP) — Sri Lanka is suspending its repayment of foreign debt, including bonds and government-to-government borrowing, pending…
Sri Lanka Unilaterally Suspends External Debt Payments, Says Needs Money For Essentials
By Uditha Jayasinghe and Jorgelina do Rosario COLOMBO/LONDON (Reuters) -Sri Lanka’s central bank said on Tuesday it had become “challenging…
Bosch Halts Production At Two China Plants Due To COVID Curbs
SHANGHAI (Reuters) -German auto parts supplier Bosch on Tuesday said it has suspended production at two sites in the Chinese…
S.Korea’s SK Weighs Investing In Small Nuclear Reactors, Eyes Bill Gates’ TerraPower
By Joyce Lee and Byungwook Kim (Reuters) – South Korea’s SK Group said on Tuesday it was mulling investments in…
Asian shares mostly rise on interest rate, inflation hopes
TOKYO (AP) — Asian shares were mostly higher Wednesday on hopes that the curbs on U.S. interest rates may moderate…