Producer inflation at slowest pace in a year Consumer inflation perks up but remains contained analysts BEIJING, May 11 Reuters China39;s factorygate inflation eased to a oneyear low in April as statedriven production efforts supported supply and COVID19 lockdowns in key industries cooled demand, giving policymakers headroom for more stimulus to shore up a flagging […]

May 11 Reuters New car sales in Russia in April fell 78.5 year on year, contracting for the tenth month in a row, hit by acute shortages and soaring prices caused by disrupted logistics and a volatile rouble. New car sales of 32,706 cars in April were less than onequarter of those sold a year […]

BRASILIA, May 11 Reuters Brazil39;s inflation slowed in April but still posted the steepest rise for the month in 26 years, pushing the 12month figure to over 12 amid continued pressures on food and fuel, official figures showed on Wednesday. Consumer prices as measured by the benchmark IPCA index rose 1.06 in April, slightly above […]

LONDON, May 6 Reuters Britain39;s construction sector in April had its slowest month since January, hit by rising costs and higher interest rates to finance new projects, a survey published on Friday showed. The SP GlobalCIPS construction Purchasing Managers39; Index PMI slipped to 58.2 from 59.1 in March, which was its jointhighest reading since June […]

March household spending down 2.3 yy, smaller drop than forecast Household spending mm rises more than expected JanMar spending falls 1.8 qq Inflation clouds outlook while COVID risks easing analyst TOKYO, May 10 Reuters Japan39;s household spending fell in March for the first time in three months, though the 2.3 drop was smaller than expected, […]

COLOMBO, May 8 Reuters The Chinabacked Asian Infrastructure Investment Bank is considering granting 100 million in emergency support to Sri Lanka, the country39;s finance ministry said on Sunday. Sri Lanka has requested foreignexchange liquidity support for state banks from the lender, it said in a statement. Hit hard by the pandemic, rising oil prices and […]

LONDONDUBLIN May 6 Reuters European airlines and hotel chains are seeing bookings recover to levels barely seen since the start of the COVID19 pandemic, led by demand for shorter trips, although longdistance travel remains on the ropes. The pandemic led to international travel virtually shutting down as governments around the world curbed entry. However, the […]

KYIV, May 6 Reuters Ukraine hopes to grow export capacity by 50 in the next few months by expanding facilities on its western border, but it will still be far short of prewar levels, the deputy infrastructure minister said on Friday. More than ten seaports carried 75 of Ukraine39;s foreign trade, but they were closed […]

April imports estimated at 650,000 bpd Vortexa Q1 Iran exports average 840,000 bpd, almost all to China Kpler Independent refiners face shrinking margins Displaced Russian Urals crude heading to China SINGAPORELONDON, May 9 Reuters China39;s Iranian oil imports in April came off peak volumes seen in late 2021 and early 2022 as demand from independent […]

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. Airlines, hotels, rental car companies and booking sites all reported a surge in demand for their services in the […]