UK finance minister Hunt says inflation is on track to come down
British Chancellor of the Exchequer Jeremy Hunt speaks during the press conference on the day he signs cooperation pact on...
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EU to seek COP28 deal on phasing out fossil fuels, draft document says
A coal-fired power station scheduled to shut down is seen in As Pontes, Spain, February 8, 2022. Picture taken February...
US unemployment rate spikes to 3.8%; labor market still has momentum
Nonfarm payrolls increase 187,000 in AugustUnemployment rate rises to 3.8% from 3.5% in JulyAverage hourly earnings gain 0.2%; up 4.3%...
Factbox: Scrutiny of iris-scanning crypto project Worldcoin grows
A general view of the biometric imaging device, the Orb of the identity and financial public utility Worldcoin, to create...
Russia central bank head not ruling out rate hike, against tighter currency controls
National flag flies over the Russian Central Bank headquarters in Moscow, Russia May 27, 2022. REUTERS/Maxim Shemetov//File Photo Acquire Licensing...
UK economy surpassed pre-COVID size in late 2021, new data shows
A view of City of London financial district behind Petticoat Lane street market, where discounted clothing is on sale, in...
US offers $12 billion to auto makers, suppliers for advanced vehicles
U.S. Secretary of Energy Jennifer Granholm delivers a speech ahead of a conversation with Daniel Yergin, the vice chairman of S&P Global, during the CERAWeek energy conference in Houston, Texas, U.S., March 8, 2023. REUTERS/Callaghan O'Hare/File Photo Acquire Licensing RightsWASHINGTON, Aug 31 (Reuters) - The Biden administration is offering $12 billion in grants and loans for auto makers and suppliers to retrofit their plants to produce electric and other advanced vehicles, Energy Secretary Jennifer Granholm said on Thursday."While we transition to EVs, we want to ensure that workers can transition...
US consumer spending accelerates; declining savings a red flag
Consumer spending increases 0.8% in JulyPersonal income gains 0.2%; savings rate falls to 3.5%Core PCE price index rises 0.2%; up...
EU watchdog monitors surge of cash going into biodiversity funds
European flags fly outside the European Commission headquarters in Brussels, Belgium March 13, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsLONDON,...
Italy offers digital euro expert Cipollone for ECB post
Piero Cipollone, deputy governor of the Bank of Italy, poses in Rome, Italy, 2015, in this handout picture. Banca d'Italia's...
