UK inflation falls to 3.9 from 4.6 in October Big drop surprises economists, backs BoE rate cut bets BoE interest rate cut now fully priced in for May UK inflation no longer an outlier in international terms LONDON, Dec 20 Reuters British inflation plunged in November to its lowest rate in over two years, prompting […]

BEIJING, Dec 20 Reuters China39;s surging oil production growth in recent years, the result of a concerted investment push, is expected to ease in 2024 as falling output from mature fields requires state oil companies to tap more challenging shale and ultradeep reserves. While China is the world39;s biggest crude importer, it was also the […]

MUMBAIDHAKAKATHMANDU, Dec 20 Reuters India39;s ban on the export of onions has driven up prices of the vegetable for Asian buyers, who are scrambling for cheaper alternatives, particularly as New Delhi is unlikely to lift the curbs before general elections next year. The world39;s biggest exporter of onions banned shipments on Dec. 8 after domestic prices more […]

LONDON, Dec 20 Reuters British house prices fell by 1.2 in the 12 months to October, the Office for National Statistics ONS said on Wednesday, the biggest annual fall since October 2011, as the housing market feels the hit from higher borrowing costs. House prices in London fell by the most, down by 3.6 from […]

DUBAI, Dec 20 Reuters Qatar approved its 2024 fiscal year budget on Wednesday with revenue estimated to decrease 11.4 next year on lower oil prices, state news agency QNA reported. Total annual revenue is estimated at 202 billion riyals 55.49 billion and spending at 200.9 billion riyals, with a deficit of 6.2 billion riyals, which […]