Drop in German business morale points to longer recession
BERLIN (Reuters) -German business morale worsened for the second consecutive month in June, a survey showed on Monday, indicating that…
June 26, 2023
Philippines agrees $1.14 billion loans with World Bank for environment, farming
MANILA (Reuters) – The Philippines on Monday said it had signed four loan agreements with the World Bank totalling $1.14…
Ares Acquires $3.5 Billion Loan Portfolio From PacWest
(Reuters) – Private-equity firm Ares Management said on Monday it had acquired a $3.5 billion specialty finance loan portfolio from…
Turkey’s lira hits new low after bank rules’ rollback
By Orhan Coskun and Nevzat Devranoglu ANKARA (Reuters) -The Turkish lira slid as much as 3% to a record low…
Ex-first lady, anti-graft candidate poised for Guatemala run-off
By Sofia Menchu and Diego Oré GUATEMALA CITY (Reuters) – Former first lady Sandra Torres will have to face a…
UK retail sales fall for second month in June: CBI
LONDON (Reuters) – British retail sales fell again in June as household finances were squeezed by the rising cost of…
Texas power demand again forecast to peak this week amid heat wave
(Reuters) – Texas’ power grid operator on Monday again projected electricity use would break records this week as homes and…
Central bank notes signal Ukraine may soon start cutting key rate
KYIV (Reuters) – Ukraine’s central bank could start cutting its key rate by one to two percentage points in coming…
Factbox-Recent policy decisions from Latin America’s central banks
MEXICO CITY (Reuters) – A stubborn surge of inflation has led central banks worldwide to adapt monetary policy to protect…
German recession to end in Q2 with slight GDP rise – Bundesbank
BERLIN (Reuters) – Recession in Germany is expected to end in the spring quarter, the Bundesbank said in its monthly…