World shares extend rout, oil prices drop on recession worries
European stocks see biggest down week since SeptemberWall Street indexes extend lossesNEW YORK/LONDON, Dec 16 (Reuters) - A rout in...
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ECB rate hikes help Russia by damaging EU economy, Italy minister says
ROME, Dec 16 (Reuters) - The European Central Bank's interest rate policy is damaging Europe's economy and helping Russia undermine...
Russia’s central bank governor Nabiullina speaks after holding rates at 7.5%
Dec 16 (Reuters) - Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin gave a news conference after...
U.S. retail sales fall after hefty gains; labor market still tight
Retail sales fall 0.6% in NovemberCore retail sales drop 0.2%; October sales revised lowerWeekly jobless claims decrease 20,000 to 211,000WASHINGTON,...
Russian rouble heads towards five-month low against dollar
Dec 15 (Reuters) - The Russian rouble hit its weakest level against the U.S. dollar in more than five months...
U.S. import prices drop further; inflation pressures easing
Import prices fall 0.6% in November; up 2.7% year-on-yearCore import prices drop 0.6%; rise 1.7% from year agoExport prices slip...
Czech president appoints two new members to join central bank board in February
PRAGUE, Dec 14 (Reuters) - Czech President Milos Zeman appointed Jan Prochazka, the chairman of a state export insurance agency,...
U.S. Congress negotiators say reach gov’t funding deal
WASHINGTON, Dec 13 (Reuters) - Negotiators in the U.S. Congress on Tuesday said they had reached agreement on funding the...
U.S. inflation subsiding as consumer prices rise moderately in November
Consumer price index increases 0.1% in NovemberCPI up 7.1% year-on-year, smallest gain in 11 monthsCore CPI climbs 0.2%, up 6.0%...
U.S. dollar rises vs most currencies ahead of inflation data, Fed meeting
U.S. November year-on-year core CPI increase seen moderatingFocus on slew of central bank meetings led by FedFed widely expected to...
