India’s fight against inflation far from over – RBI bulletin
By Swati Bhat and Siddhi Nayak MUMBAI (Reuters) – Food price spikes in India, typical at the onset of the…
Economy
German union calls for better staffing at Tesla plant amid expansion plans
FRANKFURT (Reuters) – Germany’s top union IG Metall on Monday called for Tesla to improve staffing conditions at its German…
How to get high rates to work for you
By Chris Taylor (Reuters) – There is no doubt that higher interest rates are hard on a many people –…
Traders bulk up on biggest bull position in sterling since Brexit
By Nell Mackenzie LONDON (Reuters) – Speculators have amassed their biggest long position in sterling in dollar terms since Brexit,…
Russia to hike rates to 8% as weak rouble adds to inflation concerns: Reuters poll
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – Russia’s central bank is expected to hike rates to 8% on…
Russia refuses to renew Black Sea grain deal and says no guarantees for ships now
(Reuters) – Russia refused on Monday to extend the agreement that has enabled Ukraine to export grain from its Black…
German economy may contract slightly in 2023 – IMF
BERLIN (Reuters) – Germany’s economic output may shrink slightly this year due to the energy price shock and tightening financial…
Debt restructuring talks at G20 meet hurt by differences, low attendance
By Sarita Chaganti Singh and Shivangi Acharya GANDHINAGAR, India (Reuters) – Debt restructuring talks made little progress during the third…
Nigeria inflation rises further in June, putting pressure on central bank
By Elisha Bala-Gbogbo and Chijioke Ohuocha ABUJA (Reuters) – Nigeria’s inflation rose for the sixth month in a row in…
Wall Street banks cut China’s growth forecast after dull second quarter
By Aniruddha Ghosh and Roshan Abraham (Reuters) -J.P.Morgan, Morgan Stanley and Citigroup trimmed China’s growth forecast for 2023 after the…