Global rate hike push slows to a trickle in April ahead of busy May
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – Interest rate hikes from central banks around the globe slowed to…
Economy
Analysis-Investors see big Novo Nordisk stock boost if obesity drug shows heart benefit
By Maggie Fick LONDON (Reuters) – Positive trial data showing Novo Nordisk’s obesity drug helps save and extend lives, not…
Analysis-From tea to ketchup, some shelves lie empty as retailers struggle to predict demand
By Richa Naidu and Helen Reid LONDON/BARCELONA (Reuters) – A “salad crisis” affecting British supermarkets hit headlines earlier this year…
Egypt’s current account moves into surplus in Oct-Dec
CAIRO (Reuters) – Egypt’s current account turned a surplus for the first time in years in the October-to-December quarter as…
Iran resorts to security cameras, ostracism to deter unveiled women
By Parisa Hafezi DUBAI (Reuters) -Wary of re-igniting Iran’s worst political turmoil in years, the country’s rulers are resorting to…
Lufthansa sees earnings boost from strong summer travel
FRANKFURT (Reuters) -German airline group Deutsche Lufthansa said it expected strong demand for holiday travel this summer to fill seats…
Thailand’s April headline inflation lowest in 16 months, to drop further
BANGKOK (Reuters) – Thailand’s headline inflation dropped to its lowest in 16 months in April thanks to lower energy and…
Growth in Middle East, Central Asia to slow amid global challenges – IMF
DUBAI (Reuters) – Economic growth in the Middle East, North Africa and Central Asia regions will slow in 2023, underlining…
Analysis-Banking mess, Fed among worries threatening calm stretch in US stocks
By Lewis Krauskopf, Saqib Iqbal Ahmed and Laura Matthews NEW YORK (Reuters) – The calm that has prevailed in the…
India’s April services activity hits near 13-year high, inflation accelerates
By Anant Chandak BENGALURU (Reuters) – India’s services activity expanded at the fastest pace in nearly 13 years in April,…