By Devayani Sathyan BENGALURU (Reuters) – Property analysts continue to forecast a 5.0% rise in Australian home prices in 2024, a Reuters poll showed, brushing off central bank comments since the last poll three months ago that leave open the possibility of an interest rate hike before year-end. After a 25% surge during the pandemic, […]
Since the beginning of 2024, Iran has already sent several batches of its surface-to-surface ballistic missiles to Russia as part of agreements to deepen cooperation between the two countries. Source: Reuters with reference to six sources, reported by European Pravda Details: Three Iranian-based Reuters sources said that Iran had provided Russia with about 400 missiles, […]
By Indradip Ghosh and Prerana Bhat BENGALURU (Reuters) – The U.S. Federal Reserve will cut the federal funds rate in June, according to a slim majority of economists polled by Reuters, who also said the greater risk was the first rate cut would come later than forecast rather than earlier. Reuters surveys since September have […]
By Indradip Ghosh and Prerana Bhat BENGALURU (Reuters) – The U.S. Federal Reserve will cut the federal funds rate in June, according to a slim majority of economists polled by Reuters, who also said the greater risk was the first rate cut would come later than forecast rather than earlier. Reuters surveys since September have […]
Russia’s overall export volume fell by almost a third (28.3%) in 2023, and deliveries to Europe decreased by 68%. Meanwhile, Russia’s export and import dependencies in Asia increased. Source: Reuters Reuters, citing Russia’s customs service, said Russia’s total export volume decreased by 28.3% to US$425.1 billion in 2023. The most significant decline was in supplies […]
(Bloomberg) — Devon Energy Corp., an Oklahoma City-based oil and gas company, is in talks to acquire Calgary-based driller Enerplus Corp., Reuters reported. Most Read from Bloomberg The companies have not come to an agreement, Reuters said, citing anonymous sources. It comes on the heels of a string of recent megadeals in the US oil […]
The European Commission’s upcoming 13th tranche of sanctions against Russia will not include any new import bans. Source: Reuters, citing EU officials Details: Reportedly, the European Commission and EU member states aim to swiftly adopt a new package of sanctions ahead of the second anniversary of Russia’s full-scale invasion of Ukraine on 24 February. “Despite […]
European Union leaders plan to reaffirm their determination to continue to provide “timely, predictable and sustainable military support” to Ukraine during a summit on Feb. 1, Reuters reports, citing the draft conclusions of the meeting. The European Council will also confirm the urgent need to speed up the supply of ammunition and missiles. Read also: […]
By Satoshi Sugiyama TOKYO (Reuters) – Japan’s industrial output likely expanded in December thanks to the easing of supply constraints, although the outlook for this month appears to be cloudy amid disruption in automobile production, a Reuters poll showed on Friday. Industrial production likely grew 2.4% in December from the previous month, according to a […]
Some Russian analysts have said that Novatek, the Russian energy plant, attacked by Ukrainian drones on the Baltic Sea coast could resume operations in a few weeks or even months. Source: Reuters with reference analysts at Moscow-based brokerage BCS Details: Novatek could resume large-scale operations at its Ust-Luga refinery and Baltic Sea terminal within weeks […]
(Bloomberg) — Citigroup Inc. Chief Executive Officer Jane Fraser said billionaire investor Warren Buffett had urged her to continue with the bank’s reorganization efforts during a recent lunch meeting, Reuters reported. Most Read from Bloomberg Fraser told managing directors on Thursday about her conversation with Buffett, according to the report. Buffett’s Berkshire Hathaway Inc., one […]
The West is open to seizing US$300 billion in Russian assets in order to support Ukraine, but it has to first determine the correct legal procedures. However, even after it is developed, it will not become a panacea for Kyiv. Source: Reuters with reference to the statements of high-ranking officials from the USA and EU […]