Economic News
- Reuters
BERLIN (Reuters) – Former German chancellor Gerhard Schroeder, who has become increasingly derided in Germany for his ties to Russia, will be allowed to remain a member of the centre-left Social Democrats (SPD), a party arbitration committee decided on Thursday.
- Reuters
By Rachael Levy (Reuters) – Several times since 2019, billionaire Elon Musk has predicted his brain-chip company, Neuralink, would soon secure FDA approval for human trials. But the company’s application was rejected in early 2022, Neuralink staffers told Reuters, and the company is still working through
- Reuters
SAO PAULO (Reuters) – Ambev SA said on Thursday it expects the cost of goods sold per hectoliter at its beer business in Brazil to rise by 6% to 9.9% in 2023, citing inflation levels and higher commodities prices.
- Reuters
MOSCOW (Reuters) – Russia’s central bank governor on Thursday warned of possible “systemic risks” in the banking sector as lenders scramble to make up for a slump in profits recorded last year.
- Reuters
PRAGUE (Reuters) – The Czech National Bank’s monetary policy has been having a restrictive effect on the market although further tightening cannot be ruled out, the bank’s Vice-Governor Jan Frait said on Thursday.
- Reuters
A look at the day ahead in U.S. and global markets from Mike Dolan
- Reuters
ATHENS (Reuters) – Greece’s newly-appointed transport minister said he was taking over on Thursday with a mandate to investigate the country’s deadliest train crash, to modernize an ailing railway system and to restore safety in train travel.
- Reuters
(Reuters) – Silvergate Capital shares plummeted 28% late on Wednesday after the cryptocurrency-focused bank warned it was delaying its annual report and said it was evaluating its ability to operate as a going concern.
- Reuters
GENEVA (Reuters) – U.S. Secretary of State Antony Blinken accused Moscow of repressing domestic critics and called on U.N.- mandated investigators to keep documenting Russia’s alleged abuses in the Ukraine war in a speech to the Human Rights Council on Thursday.
- Reuters
LONDON(Reuters) – A surprisingly large rise in underlying price pressures in the euro zone in February reinforced the case for the European Central Bank to keep raising interest rates, nudging bond yields higher and keeping the euro near one-week highs on Thursday.
- Reuters
NEW DELHI (Reuters) – The foreign ministers of India and China discussed bilateral “challenges” on the sidelines of a G20 meeting in New Delhi on Thursday, India said.
- Reuters
By Mert Ozkan ANKARA (Reuters) – Mithat Kilisli and his five-month-old granddaughter Zehra spent two and a half days trapped in the rubble together after Turkey’s earthquake before rescuers heard their cries.
- Reuters
LONDON (Reuters) – British businesses’ plans for price rises and their expectations for broader inflation over the year ahead both fell in February, but plans for wage rises remained steady, a Bank of England survey showed on Thursday.
- Reuters
ATHENS (Reuters) – Greece’s jobless rate eased to 10.8% in January, down from an upwardly revised 12.4% in December, data from statistics service ELSTAT showed on Thursday.
- Reuters
(Reuters) – A Russian missile hit a five-storey building in Ukraine’s southern city of Zaporizhzhia on Thursday, killing three people and wounding at least four, Ukraine’s police said.
- Reuters
BERLIN (Reuters) – German Chancellor Olaf Scholz on Thursday urged China not to send weapons to help Russia’s war in Ukraine and instead asked Beijing to exert pressure on Moscow to pull back its forces.
- Reuters
AMSTERDAM (Reuters) – The Netherlands will change the way it measures energy prices paid by consumers in order to improve estimates of inflation in the euro zone’s fifth-largest economy, its statistics agency (CBS) said on Thursday.
- Reuters
(Reuters) – Hong Kong’s retail sales rose in January for the second consecutive month as consumer sentiment improved, with further relaxation of pandemic-related rules expected to provide an additional boost, the government said on Thursday.
- Reuters
BEIJING (Reuters) – China’s military-industrial complex is set to start building its first constellation of very low-Earth orbit (LEO) satellites later this year, the latest Chinese bid to catch up with U.S.-based Starlink.
- Reuters
LONDON (Reuters) – Online job adverts in Britain fell by 2% in the week to Feb. 24 compared with the previous week, adding to a series of falls, the Office for National Statistics said on Thursday.