Brazil’s finance ministry lifts 2024 inflation estimate
BRASILIA (Reuters) – Brazil’s finance ministry on Tuesday lifted its 2024 inflation forecast to 3.63%, from 3.52%, and kept its…
Economy
Dollar higher as U.S. debt ceiling concerns keep traders nervous
By Karen Brettell and Saqib Iqbal Ahmed NEW YORK (Reuters) – The U.S. dollar hit a two-month high against a…
No signs of progress from White House, Republicans in ‘tough’ debt ceiling talks
By David Morgan, Steve Holland and Richard Cowan WASHINGTON (Reuters) – Representatives of President Joe Biden and congressional Republicans ended…
Vedanta raises about $850 million via JPMorgan, Oaktree loan – Bloomberg News
(Reuters) – Vedanta Group, the promoter of metals-to-oil conglomerate Vedanta Ltd, has signed a five-year loan for about $850 million…
Tech group AOM’s video licensing policy no longer in EU antitrust crosshairs
By Foo Yun Chee BRUSSELS (Reuters) -The Alliance for Open Media (AOM), whose members include Alphabet unit Google, Amazon, Apple…
China opposes trade agreement reached between U.S. and Taiwan
BEIJING (Reuters) – China firmly opposed the agreement reached between the U.S. and Taiwan, urging the U.S. to “carefully handle…
ECB must keep hiking to tame inflation ‘poison’, Deutsche Bank CEO says
BERLIN (Reuters) – The European Central Bank needs to continue raising interest rates to tame the highest inflation in decades,…
From mangoes to luxury watches, Indians look to offload 2,000-rupee notes
By Siddhi Nayak and Nikunj Ohri MUMBAI/NEW DELHI (Reuters) -Indians are stepping up purchases of daily essentials, and even premium…
ECB needs several more rate hikes, Bundesbank chief Nagel says
FRANKFURT (Reuters) – The European Central Bank will need to raise interest rates “several” more times and then must hold…
Mexico headline inflation seen at its lowest level in over 1-1/2 years – Reuters poll
MEXICO CITY (Reuters) – Mexico’s headline inflation likely slowed in the first half of May to its lowest level in…