BUDAPEST, April 19 Reuters Hungary39;s government is not ruling out intervening in fuel prices and will discuss the matter at a meeting next Wednesday, economy minister Marton Nagy said at a press conference. Oil prices briefly jumped by 3 a barrel on Friday on concern that Middle East oil supply could be disrupted after reports that […]

BEIJINGSINGAPORE, April 19 Reuters U.S. President Joe Biden39;s push to triple tariffs on Chinese steel imports strikes a mostly symbolic blow on an industry facing bigger concerns over faltering local demand and threats of even stronger blowback against China39;s surging exports. Steel consumption in the world39;s secondlargest economy is poised to shrink again this year […]

March core CPI rises 2.6 yearyear, matches forecast Corecore CPI rises 2.9, below 3 for first time since Nov 2022 TOKYO, April 19 Reuters Japan39;s core inflation slowed in March and an index gauging broader price trends fell below 3 for the first time in over a year, data showed on Friday, as analysts say […]

Franklin Templeton, LGIM, Vanguard underweight French debt France expects budget deficit above 5 this year DebttoGDP ratio could rise to over 130 in 2040 Morgan Stanley April 19 Reuters Some of the world39;s biggest investors are staying away from France39;s government debt, feeling underpaid to take on exposure to its deteriorating public finances. France39;s budget […]

CHICAGO, April 19 Reuters U.S. airlines have enjoyed a travel boom for the past three years, but until this past quarter, bigspending corporate travelers had been largely missing. Those customers are now back in full force, boosting profits for carriers in what is normally a weak quarter for results. The U.S. airlines that have so […]

LONDON, April 19 Reuters Britain39;s national election, expected later this year, will take place against a backdrop of persistently slow economic growth, high public debt and little room to increase spending for whoever wins power unless they raise taxes. Prime Minister Rishi Sunak promises voters that a recovery from a costofliving crisis is underway while […]

LONDON, April 19 Reuters British retail sales stagnated in March despite high inflation easing recently, representing the first time that they have not grown in monthly terms since December, the Office for National Statistics said on Friday. Economists polled by Reuters had mostly forecast sales volumes would increase by 0.3 on the month. But the […]

DUBAI, April 19 Reuters Dubai39;s main airport said on Friday it is limiting the number of flights arriving for two days, as it continues to struggle to clear a backlog three days after a record storm swept the United Arab Emirates. Dubai International Airport, one of the world39;s busiest, will limit arriving flights for 48 […]