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Economy
EU Commissioner confident Italy will not miss out on recovery funds
April 01, 2023 09:11 PM AEDT | By ReutersCERNOBBIO, Italy (Reuters) - The EU's Economy Commissioner is confident that Italy will get the latest instalment of post-pandemic funds despite quest...
Pakistan posts highest-ever annual inflation; stampedes for food kil...
April 01, 2023 08:21 PM AEDT | By ReutersBy Asif Shahzad ISLAMABAD (Reuters) - Consumer price inflation in Pakistan jumped to a record 35.37% in March from a year earlier, the statistics bure...
Bed Bath & Beyond is sued by ousted CEO over unpaid severance
April 01, 2023 11:58 AM AEDT | By ReutersBy Jonathan Stempel NEW YORK (Reuters) - Bed Bath & Beyond Inc was sued on Friday by Mark Tritton, who was ousted last June as chief executive of...
Elon Musk's 2018 tweet on Tesla union campaign illegal, US court rul...
April 01, 2023 07:26 AM AEDT | By ReutersBy Daniel Wiessner (Reuters) - A U.S. appeals court on Friday said Tesla Inc CEO Elon Musk violated federal labor law by tweeting that employees of th...
Activision threatened, spied on workers amid union drive, U.S. agenc...
April 01, 2023 06:47 AM AEDT | By ReutersBy Daniel Wiessner (Reuters) - Activision Blizzard Inc violated U.S. labor law by illegally surveilling employees during a walkout and threatening to...
Canadian dollar notches monthly gain as equities rally
April 01, 2023 06:29 AM AEDT | By ReutersBy Fergal Smith TORONTO (Reuters) - The Canadian dollar edged lower against its U.S. counterpart on Friday, but the currency was holding near its stro...
Fed's Williams says financial conditions key to rate policy outlook
April 01, 2023 06:11 AM AEDT | By ReutersBy Michael S. Derby WASHINGTON (Reuters) - Federal Reserve Bank of New York President John Williams said Friday uncertain developments with financial...
Fed's Collins says latest inflation data doesn't change policy path...
April 01, 2023 05:54 AM AEDT | By ReutersBy Michael S. Derby WASHINGTON (Reuters) - Boston Federal Reserve President Susan Collins said on Friday that wherever the U.S. central bank stops wit...
IMF board approves $15.6 billion loan for Ukraine -statement
April 01, 2023 05:09 AM AEDT | By ReutersWASHINGTON (Reuters) - The International Monetary Fund's executive board on Friday approved a four-year $15.6 billion financing package for Ukraine as...
U.S. diesel stocks bounce in sign of economic slowdown
April 01, 2023 04:54 AM AEDT | By ReutersBy Laura Sanicola (Reuters) - A slowing manufacturing sector is starting to put a dent in U.S. diesel demand, traders and fuel experts said this week,...
Gold bound for quarterly gain on bets for less aggressive Fed
April 01, 2023 03:39 AM AEDT | By ReutersBy Bharat Gautam and Deep Kaushik Vakil (Reuters) - Gold prices were on track for a second straight quarterly rise on Friday as growing bets that the...
US consumer spending slows, but seen boosting first-quarter GDP grow...
April 01, 2023 03:13 AM AEDT | By ReutersBy Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer spending rose moderately in February, and while inflation cooled, it remained high enough to po...
TSX rises as domestic economy outperforms; Rogers slides
April 01, 2023 01:40 AM AEDT | By ReutersBy Johann M Cherian (Reuters) - Canada's main stock index edged up on Friday as investor sentiment gained steam after data showed the domestic economy...
Wall St climbs as inflation data boosts softer Fed policy hopes
April 01, 2023 01:21 AM AEDT | By ReutersBy Amruta Khandekar and Ankika Biswas (Reuters) - Wall Street's main indexes gained on Friday after data showed inflation slowed in February, supporti...
Hopes for less aggressive U.S. Fed push gold towards 2nd quarterly g...
April 01, 2023 12:58 AM AEDT | By ReutersBy Bharat Gautam and Deep Kaushik Vakil (Reuters) - Gold prices were on track for a second straight quarterly rise on Friday as growing bets that the...
Fed seen on the fence for interest rate hike at May meeting
April 01, 2023 12:36 AM AEDT | By Reuters(Reuters) - The Federal Reserve is seen as about as likely to raise its benchmark overnight interest rate in May as not, but even if it does, it is ex...
Russia set for smaller GDP contraction in 2023, but no room for rate...
April 01, 2023 12:35 AM AEDT | By ReutersBy Alexander Marrow and Elena Fabrichnaya MOSCOW (Reuters) - Russia's economy is set for a shallower contraction this year than previously thought, a...
ECB still has a 'little way' to go on rates - Villeroy
April 01, 2023 12:33 AM AEDT | By ReutersPARIS (Reuters) - The European Central Bank still has a "little way" to go with interest rate increases to vanquish core inflation, French ECB policym...
Wall St set to open higher as inflation data boosts softer Fed polic...
April 01, 2023 12:15 AM AEDT | By ReutersBy Amruta Khandekar and Ankika Biswas (Reuters) - Wall Street's main indexes were set to open higher on Friday after data showed inflation slowed in F...
Canadian economy outperforms with 0.5% growth in January
March 31, 2023 11:55 PM AEDT | By ReutersOTTAWA (Reuters) - The Canadian economy performed better than expected in January versus December, driven by broad gains in both goods and services in...
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