Analysis-As deficit soars, Egypt expands money supply, fuelling inflation
By Patrick Werr CAIRO Egypt risks fuelling its record inflation and putting more pressure on the Egyptian pound
2023-07-14 20:25
Europe heatwave: Extreme heat leads to Greece Acropolis closure
The country's most popular tourist attraction will stay closed between noon and 5pm in the 40C-plus heat.
2023-07-14 20:16
A 10-day UPS strike could be the costliest in US history
A 10-day UPS strike could cost the US economy $7.1 billion. That could make it the costliest work stoppage ever in US history, according to an estimate from a Michigan economic research firm that studies the costs of labor disruptions.
2023-07-14 19:52
JPMorgan Notches Record Revenue on Rates, First Republic Deal
JPMorgan Chase & Co.’s revenue soared to a record in the second quarter, boosted by the Federal Reserve’s
2023-07-14 19:50
Scholz Backs Germany’s Return to Tight Government Spending
Chancellor Olaf Scholz backed plans to revive Germany’s tradition of tight government spending, despite mounting demands to modernize
2023-07-14 18:55
US and Europe Chide Hungary Over Anti-LGBTQ Laws Ahead of Pride March
The US, most of the European Union and other allies criticized Hungary for an anti-LGBTQ campaign that they
2023-07-14 18:53
Nigeria Files Charges Against Ousted Central Bank Governor
Nigeria charged suspended Central Bank Governor Godwin Emefiele shortly after a court in the West African nation ruled
2023-07-14 18:45
India's June trade deficit in line with expectations
By Shivangi Acharya and Riddhima Talwani NEW DELHI (Reuters) -India's merchandise trade deficit in June was in line with expectations
2023-07-14 17:57
Euro zone almost eliminates trade deficit in May
BRUSSELS The euro zone almost eliminated its trade deficit in May, non-adjusted data showed on Friday, as exports
2023-07-14 17:45
Ukraine Recap: US House Blocks Conservative Bid to Cut Funding
The US House overnight defeated an effort by far-right Republicans to cut off security assistance to Ukraine, cementing
2023-07-14 15:23
China central bank to use tools such as RRR to tackle economic woes
By Kevin Yao BEIJING (Reuters) -China's central bank will use policy tools such as the reserve requirement ratio (RRR) and
2023-07-14 14:58
Yuan Set to Advance for Second Straight Week After Latest Bout of Weakness
The yuan is rebounding from its latest bout of weakness, as China moves to protect economic growth and
2023-07-14 14:55