UK grocery inflation eases slightly to 17.3% in April -Kantar
By James Davey LONDON (Reuters) – British grocery inflation edged lower in April but remained near record highs, industry data…
April 2023
India says risks weigh on FY24 growth forecast, but macros stable
NEW DELHI (Reuters) – There are risks to India achieving its real growth forecast of 6.5% for the financial year…
Oil Prices Stable As Investors Ponder China Demand, Rate Hikes
By Emily Chow SINGAPORE (Reuters) – Oil prices held steady on Tuesday as investors weighed strong holiday travel in China…
ECB’s Villeroy: Food price inflation to start easing in H2
PARIS (Reuters) – Food price inflation will start easing in the second half of this year, French ECB policymaker Francois…
Philippines’ Marcos may discuss Taiwan in U.S but trade tops agenda – envoy
By Poppy McPherson and Karen Lema (Reuters) – Philippine President Ferdinand Marcos Jr may discuss tensions over Taiwan with U.S…
Turkey cenbank gross reserves seen down $5 billion last week -bankers
ANKARA (Reuters) – Turkish central bank total gross reserves are expected to have fallen more than $5 billion to about…
Chile’s lithium move a further push for automakers to diversify supply chain
By Nick Carey LONDON (Reuters) -Chile’s move to nationalise its lithium industry adds fresh supply chain uncertainty for global carmakers…
Novartis Lifts Full-year Earnings On Higher Prescriptions
By Ludwig Burger FRANKFURT (Reuters) -Novartis raised its full-year earnings outlook, citing strong growth momentum after scoring a trial success…
Evergrande EV unit set for $3.6 billion gain from liability transfer
(Reuters) -Embattled property developer China Evergrande Group said its listed electric vehicle arm will book a $3.6 billion gain from…
More banks join European instant payments pilot from end 2023
By Huw Jones LONDON (Reuters) – An initiative to offer an instant payments service in Europe from the end of…