By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose over 1% on Monday after China’s reopened borders boosted the outlook for fuel demand and overshadowed global recession concerns. The rally[...]
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January 9, 2023
Brazil currency trims losses after initial shock from capital riots
By Susan Mathew and Shreyashi Sanyal (Reuters) -Brazil’s currency fell on Monday but was off its session low after supporters of former President Jair Bolsonaro stormed the capital, while Chile[...]
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UK commercial property values drop in 2022, wiping out 2021 gains – data
By Elizabeth Howcroft and Carolyn Cohn LONDON (Reuters) -UK commercial property capital values decreased by 13.3% as a whole in 2022, and annual total returns were down 9.1%, according to the CBRE Mon[...]
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Analysis-UK housebuilders may cut dividends as surging rates deter buyers
By Aby Jose Koilparambil (Reuters) – British housebuilders may cut dividends to preserve cash and ride out a property downturn, as high mortgage rates make homes less affordable and economic unc[...]
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BoE’s Pill sees risk of persistent inflation, even if gas prices fall
By David Milliken LONDON (Reuters) -Bank of England Chief Economist Huw Pill said on Monday that Britain is at risk of persistent inflationary pressure from a tight labour market, even if natural gas[...]
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Donors exceed Pakistan goal with pledge of more than $9 billion for flood recovery
By Emma Farge, Gabrielle Tétrault-Farber and Asif Shahzad GENEVA (Reuters) -International donors on Monday committed over $9 billion to help Pakistan recover from ruinous floods last year, exceeding i[...]
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Brazilian equities higher in volatile trade after capital stormed
By Gabriel Araujo and Karin Strohecker SAO PAULO/LONDON (Reuters) -Brazilian equities were higher in choppy trade on Monday, a day after thousands of supporters of former President Jair Bolsonaro stor[...]
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European shares rise on China reopening optimism, tech stocks lead gains
By Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) -European shares rose on Monday, extending the year’s upbeat start to a second week, as China reopened its borders overnight and U.S. and E[...]
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Brazil’s currency, stock futures down after Bolsonaro supporters storm capital
SAO PAULO (Reuters) – Brazil’s currency on Monday weakened roughly 1% against the dollar in early spot trading after supporters of former President Jair Bolsonaro stormed the country[...]
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