(This Jan. 11 story has been refiled to fix typo in analyst’s organisation name in paragraph four) By Ashitha Shivaprasad (Reuters) – Gold prices scaled an eight-month peak on Wednesday, underpinned by a subdued dollar, although they traded in a tight range as traders positioned themselves for inflation data that could influence the U.S. Federal …
Gold climbs 8-month high ahead of U.S. inflation test Read More »
By Scott Murdoch SYDNEY (Reuters) – Hong Kong investment firm Oasis Capital Management has filed a legal claim in New York against Chinese property developer Kaisa Group Holdings to recoup $102.3 million in missed payment and interest from four bonds, a U.S. court filing shows. The documents were lodged on Thursday and showed Oasis was …
China property developer Kaisa faces $102 million in legal claims on bonds – filing Read More »
WASHINGTON (Reuters) -International Monetary Fund Managing Director Kristalina Georgieva on Thursday said the Bank of Japan was conducting an appropriate review of its monetary policy stance, but should keep policy accommodative because the country faces low inflationary pressures. Georgieva told reporters that an adjustment to the central bank’s debt yield curve control regime was not …
IMF’s Georgieva says Japan not facing increased inflationary pressures Read More »
By Sarah Mills LONDON (Reuters) – Nominations for this year’s BRIT Awards are out and it is Harry Styles and Wet Leg leading the way with four nods each. Announced via an online stream on Thursday, global pop star Styles and rock duo Wet Leg are both up for the coveted album of the year …
By Hernan Nessi and Jorge Otaola BUENOS AIRES (Reuters) -Argentina’s annual inflation hit its highest rate in more than 30 years last month as prices almost doubled versus a year ago, official data released on Thursday showed, further eroding consumers’ dwindling purchasing power. In December, consumer prices jumped 5.1% month-on-month, according to national statistics agency …
Argentina’s inflation rate at 95%, highest since 1991 Read More »
By Jonathan Stempel (Reuters) -Shareholders filed a lawsuit against Southwest Airlines Co on Thursday, accusing the carrier of fraudulently concealing problems that led last month to an operational meltdown and more than 15,000 flight cancellations. According to the proposed class action filed in federal court in Houston, Southwest publicly downplayed or failed to disclose serious …
Shareholders sue Southwest Airlines over flight meltdown Read More »
(Reuters) – Apple Inc Chief Executive Tim Cook’s pay package for the fiscal 2023 year is expected to be smaller than last year and depend more on how well the iPhone maker’s shares perform relative to market peers, regulatory filings showed. Cook’s compensation for the fiscal 2022 year ended September was $99.4 million, slightly higher …
Apple CEO Cook’s pay more dependent on stock performance in 2023 Read More »
LONDON (Reuters) – Mortgage costs for first-time home-buyers in Britain have risen to their highest since 2008, reflecting a surge in interest rates over the past year, Nationwide Building Society said on Friday. The average monthly mortgage payment for a new first-time buyer in the final quarter of 2022 was equivalent to 39% of a …
UK first-time home-buyers’ mortgage costs highest since 2008: Nationwide Read More »
By Deisy Buitrago CARACAS (Reuters) – Venezuela’s economy expanded around 15% last year, President Nicolas Maduro said on Thursday during his annual state of the nation address, crediting the expansion to diversification of the largely oil-focused economy. The South American country’s economy grew 17.73% year-over-year in the first three quarters of 2022, its central bank …
Venezuelan economy grew above 15% in 2022, president says Read More »
CARACAS, 12 ene (Reuters) – El presidente de Venezuela, Nicolás Maduro, dijo el jueves que la economía del país sudamericano creció aproximadamente 15% en 2022, atribuyendo la expansión a la diversificación económica y a la actividad petrolera. En diciembre, el Banco Central de Venezuela dijo que el Producto Interno Bruto (PIB) repuntó 17,73% en los …
Presidente de Venezuela estima que la economía creció 15% en 2022 Read More »
