Weekly jobless claims unchanged at 212,000 Continuing claims rise 2,000 to 1.812 million WASHINGTON, April 18 Reuters The number of Americans filing new claims for unemployment benefits was unchanged at a low level last week, pointing to continued labor market strength. Labor market resilience, which is driving the economy, together with elevated inflation have led financial markets and some economists […]

Around 4.1 bln euros in potential EU carbon revenues lost Green startups worry price dip slims financing chances Carbon prices forecast to remain relatively low in 2024 FLORENCEBERLIN, April 18 Reuters A drop in the European Union39;s carbon price this year could mean that a fund intended to be among the world39;s biggest schemes for […]

BEIJING, April 18 Reuters China39;s central bank cautioned on Thursday against a onesided pursuit of credit expansion after data showed a slowdown in bank lending, vowing to prioritise the quality of credit over size and move to revitalise existing loans. New bank lending in China rose less than expected in March from the previous month, […]

SYDNEY, April 18 Reuters Australian employment fell in March after an enormous gain the month before while the jobless rate resumed its uptrend, a sign that the relatively tight labour market was still on track to loosen, albeit at a slower pace. Market reaction to the data was largely muted. The Australian dollar initially dipped […]

April 17 Reuters India imported 232.5 million metric tonnes MMT of crude oil in the financial year 202324, compared with 232.7 MMT the prior fiscal year, provisional government data showed on Wednesday. The world39;s thirdbiggest oil importer and consumer spent 132.4 billion importing oil in fiscal year 202324, nearly 16 lower than the 157.5 billion […]

BERLIN, April 18 Reuters Tesla has let go of 300 temporary workers in Germany in keeping with their contract period, the ecar maker said on Thursday, amid a drive by the company to slim down its global workforce by 10. These are not layoffs of Tesla workers, said a spokesperson for the company in Germany, […]