Oil Begins Week Lower, Israel says Concluded Gaza Strikes

Feb 12 Reuters Oil prices fell in early Asian trade on Monday after Israel said it had concluded a series of strikes in southern Gaza, slightly easing concerns about supply from the Middle East. Brent crude futures were 29 cents, or 0.4 lower, at 81.90 a barrel, while U.S. West Texas Intermediate crude futures were […]
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UK Employers Plan Smaller Pay Rises for 2024 CIPD

LONDON, Feb 12 Reuters British employers plan smaller pay rises over the coming year than they did three months ago, the first such drop in nearly four years, reflecting less willingness to tolerate higher labour costs, a major survey showed on Monday. The figures are likely to increase the confidence among Bank of England policymakers […]
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New Zealand Cenbank Blames Inflation for Restrictive Policy

WELLINGTON, Feb 12 Reuters New Zealand39;s top central banker on Monday said the inflation challenge was still not over and cited broad financial pressure for retaining a restrictive monetary policy position. Reserve Bank of New Zealand RBNZ Governor Adrian Orr, appearing before a parliamentary committee, said the current inflation rate at 4.7 was still too […]
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