EUs Record Recovery Fund at Risk as Countries Struggle to Meet Deadline

724 billion euro package agreed less than 2 years ago Extending disbursement beyond 2026 would need unanimity Countries already behind in commissioning projects Recipients blame rising costs of raw materials Member states already devising workarounds MADRIDPRAGUELISBON, Jan 16 Reuters The risk that European Union governments will not be able to spend the largest aid package […]
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UKs FTSE 100 nears 412Y High on Banking, Consumer Boost

FTSE 100 adds 0.1, FTSE 250 rises 0.2 FTSE 100 index set for record high UK inflation, labour market data in focus Lender Amigo tanks to 10month low Jan 16 Reuters UK39;s exportoriented FTSE 100 hovered near 412year highs on Monday, underpinned by banks and consumer staples, while investors looked ahead to a week dotted […]
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Indian Shares Fall as Foreign Outflows Persist, Oil Weighs

BENGALURU, Jan 16 Reuters Indian shares ended lower in a volatile session on Monday, weighed down by continued foreign investor selling and higher oil prices, which offset healthy earnings from HDFC Bank. The Nifty 50 index closed 0.34 lower at 17,894.85, while the SP BSE Sensex fell 0.28 to 60,092.97. Both benchmarks had risen more than 0.5 […]
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Rupee Likely to Inch Up on Upbeat Asian Cues

MUMBAI, Jan 16 Reuters The Indian rupee may open marginally higher against the U.S. dollar on Monday, supported by a further uptick in Asian currencies after last week39;s rally. The rupee was likely to open at 81.25 per dollar compared with 81.3250 in the previous session. The local currency last week jumped 1.7 on increased […]
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