MUMBAI, April 28 Reuters India39;s gold demand is likely to remain soft in second quarter after falling 18 in the first quarter as retail purchases during a key festival early next month could be below normal because of volatile prices, the World Gold Council WGC said on Thursday. Lower purchases by the world39;s second biggest […]

FRANKFURTLONDON, April 28 Reuters The European Central bank backed on Thursday European Union proposals to toughen scrutiny of foreign lenders in the bloc, which has become a thorny issue since Brexit. Lenders from the United States, Switzerland and Britain, now outside the EU, fear the proposals will force them to set up a costly branch […]

Twitters Board of Directors has agreed to a takeover offer from Elon Musk of 44 billion. The Tesla conglomerate and the worlds richest man initially offered to buy Twitter for 54.20 on the 14th of April, not long after revealing he had a 9.2 stake in the company.

MILAN, April 26 Reuters The European Union aims to reduce its dependence on Russian oil and gas by twothirds by the end of the year and to zero by the end of 2027, EU Economic Commissioner Paolo Gentiloni told Il Messaggero daily in an interview published on Tuesday. Gentiloni also said the EU would cut […]

MEXICO CITY, April 25 Reuters Mexico39;s economy is thought to have expanded between January and March for the first time in three quarters, driven by domestic consumption and a rebound in exports, a Reuters survey showed on Monday. Gross domestic product GDP is expected to have grown 1.1 in the first quarter from the previous […]

SINGAPORE, April 25 Reuters Singapore39;s key consumer price gauge rose in March by its fastest pace in a decade, outpacing economist forecasts, driven by higher inflation for food and services, official data showed on Monday. The core inflation rate the central bank39;s favoured price measure rose to 2.9 in March on a yearonyear basis, the […]

CAIRO, April 21 Reuters Egypt39;s economy will grow 5.3 in the fiscal year ending in June but the pace will ease to 5.2 in 202223 and 5.0 in 202324 as tourism falls and commodity prices and interest rates rise, a Reuters poll showed on Thursday. The planning ministry in November expected growth to reach 5.6 […]

Budget estimated at 2.7 tln yen lawmaker PM Kishida faces pressure over inflation as election nears Government to announce relief measures on Tuesday More spending would add to industrial world39;s biggest debt TOKYO, April 21 Reuters Japan39;s ruling coalition on Thursday agreed a supplementary budget to support lowerincome households and small firms, signalling more spending […]

NEW DELHI, April 21 Reuters India, the world39;s third biggest oil importer and consumer, is looking at boosting oil purchases from Brazil, oil minister Hardeep Singh Puri said on Thursday after a meeting with Brazilian Energy Minister Bento Albuquerque. Currently India imports only a fraction of its oil imports from Brazil. We have expressed to […]

TOKYO, April 22 Reuters When Japan39;s biggest banks helped finance a 34 billion deal last year for medical supply maker Medline, one of the largest leveraged buyouts since the financial crisis, the famously cautious lenders signalled their ambitions in riskier, and more lucrative, lowgrade U.S. debt. Mitsubishi UFJ Financial Group Inc, Mizuho Financial Group Inc and […]