By Julia Harte (Reuters) -North Carolina Democratic Governor Roy Cooper on Saturday vetoed a bill that would ban most abortions after 12 weeks, a move the Republican supermajority in the state legislature is expected to quickly override, allowing the bill to become law. The measure would cut the window for most abortions in the state…
By Jan Strupczewski BRUSSELS (Reuters) – Euro zone economic growth will be faster than previously expected this year and next thanks to faster expansion in Italy and Spain, but inflation will also remain stubbornly high, the European Commission forecast on Monday. In its regular economic forecast for the 20 countries that share the euro, the…
FRANKFURT (Reuters) – Rapid European Central Bank rate hikes lowered inflation modestly last year but the biggest impact is expected only in 2024, the ECB said in an Economic Bulletin article on Monday, reaffirming a long-held view that policy works with big lags. The ECB has raised rates by a combined 375 basis points since…
By Leika Kihara and Kentaro Sugiyama TOKYO (Reuters) -A meeting of the government’s top economic council on Monday focused on whether recent rises in inflation and wage growth suggest Japan was approaching a sustained exit from deflation. With inflation accelerating globally and wage growth picking up in Japan, discussions also touched on the desirable timing…
By Engen Tham and James Pomfret SHANGHAI/HONG KONG (Reuters) – China’s clampdown on its consultancy and due diligence sector has driven companies to review their operations after some tested the limits of the laws and Beijing’s patience to meet surging demand as China emerged from its COVID-lockdowns. These consultancies thrived by providing investors – from…
By Leika Kihara TOKYO (Reuters) – The new governor of the Bank of Japan received a lukewarm response from the government on Monday to his plan to conduct a review of past monetary easing steps, as it remains cautious of declaring victory in a decades-long battle to end deflation. Governor Kazuo Ueda took up his…
NEW DELHI (Reuters) -India’s annual wholesale price index (WPI) fell for the first time in nearly three years in April, as prices softened across the board. WPI fell by 0.92% from the same month a year earlier, having risen 1.34% in March. The data compared with a Reuters poll that predicted a fall of 0.20%….
(Reuters) -Doyle Brunson, known as the “Godfather of Poker” for his hard-earned legacy in the game, died aged 89 in Las Vegas on Sunday, according to a family statement shared by Brunson’s agent on Twitter. “It is with a heavy heart we announce the passing of our father, Doyle Brunson. Please keep Doyle and our…
DUBAI (Reuters) – Saudi Arabia’s annual inflation rate was 2.7% in April, unchanged from the previous month, driven mostly by housing rental costs, government data released on Monday showed. Housing, water, electricity, gas, and other fuels rose by 8.1% from a year earlier, while the food and beverage sector – the leading driver for inflation…
STOCKHOLM (Reuters) – Inflation in Sweden slowed faster than expected in April, data from the statistics office showed on Monday, good news for the central bank that has fretted that price pressure could prove sticky and force it to make monetary policy tighter for longer. Consumer prices in Sweden, measured with a fixed interest rate,…
