Breadcrumb Trail Links PMN Business Author of the article: Reuters Gertrude Chavez-Dreyfuss Published Apr 28, 2023 • 2 minute read Join the conversation Article content NEW YORK — The U.S. dollar rose on Friday after data showed inflation grew in March, though at a slower pace, keeping the Federal Reserve still firmly on track to […]
Article content BERLIN — German consumer prices in April posted their smallest increase since the start of the war in Ukraine, as energy prices eased further and food prices began to fall. Consumer prices, harmonized to compare with other European Union countries, rose by 7.6% on the year in April, preliminary data from the federal […]
Article content Gold inched lower on Friday after a rise in U.S. inflation in March buoyed the dollar and reinforced bets for an interest rate hike next week, but banking sector concerns kept bullion on course for a small monthly rise. Spot gold edged 0.2% lower to $1,984.09 per ounce by 9:05 a.m. EDT (1305 […]
Article content (Bloomberg) — Canada’s economy geared down as expected in the first quarter, reinforcing the central bank’s decision to stop raising interest rates. Article content Preliminary data suggest gross domestic product contracted 0.1% in March, led by decreases in retail, wholesale and mining sectors, Statistics Canada reported Friday in Ottawa. That followed a 0.1% […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Olena Harmash Published Apr 27, 2023 • 2 minute read Join the conversation Article content KYIV — Ukraine’s central bank on Thursday held its main rate unchanged at 25% due to considerable inflationary pressure and security risks, and said it expected quicker economic growth this […]
Article content LISBON — Portugal’s government has mandated state holding company Parpublica to pick two independent assessors to value airline TAP ahead of its privatization, which could be launched in July, the finance minister said on Thursday. The state owns 100% of TAP, which is currently restructuring under a Brussels-approved 3.2 billion euro ($3.5 billion) […]
Article content (Bloomberg) — Germany plans to at least double its import capacities for liquefied natural gas on the Baltic Sea island of Rügen to prepare for the risk that a key pipeline from Norway could be interrupted by acts of sabotage. Article content Chancellor Olaf Scholz sees the possibility of another attack on underwater […]
Article content NEW YORK — Treasury yields moved higher across the board Thursday as investors weighed a coming Article content showdown over the U.S. debt ceiling with economic data that suggested inflation could remain sticky despite a slowing economy. The yield of one-month Treasury bills rose 10 basis points to 3.86% a day after the […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Dawn Chmielewski and Lisa Richwine Published Apr 26, 2023 • 2 minute read Join the conversation Article content An oversight board in Florida on Wednesday will consider a ban on future COVID-19 mask or vaccine mandates at Walt Disney World, part of an effort by […]
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