BENGALURU (Reuters) – India’s retail inflation likely surged to an 18-month high in April, largely driven by rising fuel and food prices and staying well above the Reserve Bank of India’s upper tolerance limit for a fourth consecutive month, a Reuters poll found.FILE PHOTO: Price tags are seen on the samples of rice and lentils […]
A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., May 5, 2022. REUTERS/Andrew Kelly(Reuters) – Wall Street’s major indexes opened lower on Monday as rising U.S. Treasury yields amid prospects of aggressive monetary policy tightening weighed on growth stocks, with the sentiment taking a […]
LONDON (Reuters) – Stocks fell heavily again on Monday and the dollar rocketed to a new two-decade high as worries about higher interest rates and a tightened lockdown in Shanghai deepened investors’ fears that the global economy is rapidly heading for a slowdown.Traders work on the floor of the New York Stock Exchange (NYSE) in […]
NEW YORK — Last summer, Julio Carmona started the process of weaning himself off a fully remote work schedule by showing up to the office once a week. The new hybrid schedule at his job at a state agency in Stratford, Connecticut, still enabled him to spend time cooking dinner for his family and taking […]
DUBLIN (Reuters) -Airlines face a slew of growing costs in the coming year including higher insurance, fuel, labour and lease rates, the chief executive of major aircraft lessor SMBC Aviation Capital said on Thursday.FILE PHOTO: A Delta Airlines passenger jet approaches to land at LAX during the outbreak of the coronavirus disease (COVID-19) in Los […]
(Reuters) – With more U.S. travelers expected to take to the skies and the roads this summer as COVID restrictions ease, unbridled demand will strain capacity in the leisure and travel industry and push prices even higher.FILE PHOTO: A military helicopter flies past the skyline of San Diego, California October 7, 2014. REUTERS/Mike BlakeAirlines, hotels, […]
Australia’s first interest rate hike in more than 11 years to combat rising inflation buffeted the New Zealand sharemarket, which fell nearly 1 per cent. The S&P/NZX 50 Index started strongly but fell steadily throughout the afternoon in expectation of the Australian Reserve Bank announcement (at 4.30pm NZ time). The index closed down 108.44 points […]
FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby MelvilleLONDON (Reuters) – Britain’s competition watchdog said on Tuesday that the London Stock Exchange Group and Quantile Group have until May 10 to offer acceptable undertakings to avoid an in-depth investigation into their merger. LSEG […]
NEW YORK — Blazers in knit fabrics, pants with drawstrings or elastic waists, and polo shirts as the new button-down. Welcome to the post-pandemic dress code for the office. After working remotely in sweats and yoga pants for two years, many Americans are rethinking their wardrobes to balance comfort and professionalism as offices reopen. They’re […]
BEIJING (Reuters) – The decline in Chinese factory activity likely steepened in April, a Reuters poll showed, as extensive lockdowns halted production and disrupted supply chains, boding ill for the economic outlook in the second quarter.FILE PHOTO: A worker works at Xunxi factory, which is an affiliate of Chinese e-commerce giant Alibaba, during a media […]