Browsing: Economy

By Kate Abnett and Valerie Volcovici BRUSSELS/BEIJING (Reuters) – Record-breaking heat in China. Wildfires forcing Swiss villages to evacuate. Drought ravaging Spanish crops. As the costs…

By Elena Fabrichnaya, Alexander Marrow and Vladimir Soldatkin MOSCOW (Reuters) -Russia’s central bank hiked its key interest rate by a greater-than-expected 100 basis points to 8.5%…

MILAN (Reuters) – The European Central Bank (ECB) will ask banks to provide weekly liquidity data from September so that it can carry out more frequent…

By Rachel Nostrant and Julia Harte (Reuters) – Matthew Keith bought his first Barbie dolls in the 1970s using his allowance money, hiding them from his…

The unsuccessful effort to launch a highly-automated factory for Craftsman tools in the U.S. underscores the challenges American businesses face in bringing manufacturing back from overseas.…

By Nelson Acosta HAVANA (Reuters) – Cuba’s economic growth is less than 2% this year and remains 8 percentage points below pre-pandemic levels, while production in…

By David Randall NEW YORK (Reuters) -A U.S. stocks rally faces a potential inflection point next week as the Federal Reserve is expected to deliver what…

By Emily Rose JERUSALEM (Reuters) – Nearly 70% of Israeli startups have taken action to relocate parts of their business outside Israel, a survey released on…

Morgan Stanley raised its economic growth forecast up this week, citing a “boom in large-scale infrastructure” driven by President Biden’s Infrastructure bill, according to reports.  “The…

BUENOS AIRES (Reuters) – The International Monetary Fund (IMF) should in the coming days finalize the basis for a staff level agreement with Argentina over a…