China Dec coal imports slip as COVID spike dampens industrial activity

SINGAPORE (Reuters) -China’s coal imports slipped in December from a month earlier as industrial activity slowed following a surge in COVID-19 cases after Beijing’s sudden removal of stringent pandemic controls. The world’s top coal consumer brought in 30.91 million tonnes of the fossil fuel last month, versus 32.31 million in November, data from the General …

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Stournaras (EZB) – Zinserhöhungen bis Rückkehr der Inflation zu Zielmarke sicher ist

Athen (Reuters) – Die EZB wird aus Sicht von Griechenlands Notenbankchef Yannis Stournaras die Zinsen so lange anheben, bis eine Rückkehr der Inflation zum Zentralbank-Ziel von zwei Prozent sichergestellt ist. “Es wird erwartet, dass die Zinssätze weiter erhöht werden, bis sich die jüngsten positiven Anzeichen für eine Abnahme des Inflationsdrucks in Gewissheit verwandeln, dass das …

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Analysis-China’s rapid reopening brings joy and woe for world markets

By Yoruk Bahceli (Reuters) – The rapid reopening of China’s economy from COVID lockdowns is brightening the outlook for global investors keen to leave behind one of their worst years on record, but may also fuel the inflationary pressures policymakers hope are abating. The impact of the reopening of the world’s second largest economy on …

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China’s 2022 trade with Russia hit record $190 billion – customs

BEIJING (Reuters) – China’s trade with Russia hit a record 1.28 trillion yuan ($190 billion) last year, the government said on Friday, even as Russia’s imports from the European Union fell on sanctions related to Moscow’s invasion of Ukraine. China’s 2022 exports to and imports from Russia accounted for 3% of China’s total trade, Lyu …

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Vodafone plans hundreds of job cuts in cost-saving measures – FT

(Reuters) – Vodafone Group Plc is planning to shed several hundred jobs, most of which are located at its London headquarters, the Financial Times reported on Friday, citing people briefed on the discussions. The report follows Vodafone’s November announcement of cost-saving measures worth 1 billion euros ($1.08 billion) in the wake of a deteriorating market …

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Cricket-Human rights are not politics, Cricket Australia chief says on withdrawal

(Reuters) – Cricket Australia chief executive Nick Hockley defended the decision to withdraw its men’s team from a one-day international series against Afghanistan over women’s rights after criticism from the Afghanistan Cricket Board (ACB) and their players. Australia opted out of the three-match series, scheduled for March in the United Arab Emirates, citing further restrictions …

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