Turkey Inflation Higher than Expected at nearly 58

ISTANBUL, Feb 3 Reuters Turkish annual inflation dipped to 57.68 in January, official data showed on Friday, but was well above forecasts despite a favourable base effect that is expected to carry on until President Tayyip Erdogan seeks reelection in May. Monthonmonth, consumer prices rose 6.65, the Turkish Statistical Institute said, nearly twice a Reuters […]
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Fed Rates Up, Stocks Up, BoE and ECB Up Next

Markets wait for ECB and BoE hikes after Fed move Adani39;s woes continue in India Dollar trying to recover after postFed falls LONDON, Feb 2 Reuters The bulls were in charge ahead of the European Central Bank and Bank of England39;s first meetings of the year on Thursday, after the U.S. Federal Reserve bolstered the […]
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Shell 2022 Profit more than Doubles to Record 40 bln

Fourthquarter profit of 10 bln beats estimates Shell to repurchase 4 bln in shares Shares up 2.5 by 1002 GMT LONDON, Feb 2 Reuters Shell delivered a record 40 billion profit in 2022, the energy giant said on Thursday, capping a tumultuous year in which a surge in energy prices after Russia39;s invasion of Ukraine allowed […]
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ING Profits Grow, Shares Fall 5 on 2023 Guidance

AMSTERDAM, Feb 2 Reuters ING Groep NV on Thursday reported a betterthanexpected fourthquarter net profit of 1.09 billion euros 1.20 billion on lower loan loss provisions but shares in the Netherlands39; largest bank fell on its 2023 guidance. Net profit topped the 1.03 billion euros expected by analysts, Refinitiv Eikon data showed, and was up from […]
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