OTTAWA, Feb 7 Reuters Canada posted a C160 million 119.1 million trade deficit in December as energy products dragged down exports and slowed economic growth weighed on consumer goods imports, data showed on Tuesday. The deficit was better than analysts39; expectation for a C500 million deficit, and was smaller than November39;s C219 million deficit, which […]

LONDON, Feb 23 Reuters The International Monetary Fund has laid out a ninepoint action plan for how countries should treat crypto assets, with point number one a plea not to give cryptocurrencies such as bitcoin legal tender status. The global lender of last resort said its Executive Board had discussed a paper, Elements of Effective Policies […]

Feb 24 Reuters Britain39;s auto industry said on Friday it was looking to the upcoming budget to help boost competitiveness and investment in the sector in light of increasing protectionism that could hurt the UK economy. The call comes amid concerns in Europe that the U.S. Inflation Reduction Act IRA, which promises hundreds of billions of dollars […]

First EU institutions to ban TikTok European Parliament monitors possible data breaches TikTok says ban is misguided, cites fundamental misconceptions BRUSSELS, Feb 23 Reuters The European Union39;s two biggest policymaking institutions have banned TikTok from staff phones for cybersecurity reasons, marking growing concerns about the Chinese short videosharing app and its users data. TikTok, which […]

Jan core CPI rises 4.2 yryr, matches forecast Data underscore broadening inflationary pressure Incoming BOJ chief calls for need to keep ultralow rates Policymakers face tricky balance as wage gains remain tame TOKYO, Feb 24 Reuters Japan39;s core consumer inflation hit a fresh 41year high in January as companies passed on higher costs to households, […]

Data due at 1200 GMT on Tuesday, Feb. 28 BENGALURU, Feb 24 Reuters India39;s economic growth likely slowed further in the OctoberDecember quarter amid weakening demand and is set to lose more momentum as a series of interest rate hikes weigh on activity, according to a Reuters poll of economists. Gross domestic product GDP growth […]

BERLIN, Feb 24 Reuters The German economy contracted more strongly than expected in the final three months of 2022, as inflation and the energy crisis took their toll on household consumption and capital investment. The German economy shrank by 0.4 in the fourth quarter of 2022 compared with the previous three months, the statistics office […]

PARIS, Feb 24 Reuters A new investment fund with 87.5 million euros 92.63 million will finance solar power production across Africa, with a focus on West and Central Africa, French fund manager RGREEN INVEST and investment adviser ECHOSYS INVEST said on Friday. The AFRIGREEEN Debt Impact Fund39;s first closing will finance on and offgrid solar […]