(Reuters) – Just when it looked like rate cuts were coming any minute now, inflation has reared its head and the strength of the dollar is forcing other central bankers to protect their currencies and reconsider their policy choices. What …
LONDON (Reuters) – Global property and casualty insurers showed “alarming” underwriting losses in 2022 as natural catastrophes increased and risk models failed to keep up, a report from consultants Capgemini said on Wednesday. Global insured losses from natural catastrophes have …
By Scott Murdoch and Jill Gralow SYDNEY (Reuters) -The Sydney police officer who shot dead the man behind the deadly stabbing attack at one of the city’s busiest shopping malls has been identified as Inspector Amy Scott. Inspector Scott was …
By Marc Jones LONDON (Reuters) – Stocks and the euro were steady ahead of an European Central Bank meeting on Thursday, after stubborn U.S. inflation numbers triggered the biggest global market selloff in months and left Japan’s yen at a …
By David Lawder BEIJING (Reuters) -U.S. Treasury Secretary Janet Yellen on Sunday raised her concerns about China’s excess industrial capacity with Chinese Premier Li Qiang, telling him that bilateral relations were now more stable because the two sides can have …
By Timothy Aeppel (Reuters) – Dan Ariens laid off workers, cut shifts, and halted nearly all hiring last summer after sales slumped at his company, best known for making bright orange snow blowers and lawnmowers sold around the world. Headcount …
By Steven Scheer JERUSALEM (Reuters) -The Bank of Israel on Sunday warned of economic damage if more ultra-Orthodox Jewish men do not join the country’s military, weighing in on a contentious issue that has caused a rift in Prime Minister …
By Steve Holland and Kanishka Singh WASHINGTON (Reuters) – U.S. President Joe Biden’s administration will soon announce a 10% cap on yearly rent increases for certain affordable housing units that are subsidized by the federal government, a senior administration official …
By Simon Johnson STOCKHOLM (Reuters) -Sweden’s central bank held its key rate at 4.00% on Wednesday, as expected, and said inflationary pressures had eased enough for it to make the first of several policy rate cuts in the coming months. …
© Reuters. FILE PHOTO: A general view of the U.S. Capitol after United States Vice President Kamala Harris, voted on the Senate floor to break the 50-50 tie to proceed to the Inflation Reduction Act on Capitol Hill in Washington, …
