Vessels are seen as they await inspection under the Black Sea Grain Initiative, brokered by the United Nations and Turkey, in the southern anchorage of the Bosphorus in Istanbul, Turkey, Dec. 11, 2022. File photo by Yoruk Isik/REUTERS KYIV, Ukraine (AP) — An unprecedented wartime deal that allowed grain to flow from Ukraine to countries […]

WASHINGTON, March 15 (Reuters) – U.S. producer prices unexpectedly fell in February and the rise in prices in January was not as large as initially thought, offering some hopeful signs in the fight against inflation. The producer price index for final demand slipped 0.1% last month, the Labor Department said on Wednesday. Data for January […]

Brent, WTI down more than 5% this week U.S. rate hike worries dominate market mood U.S. nonfarm payrolls rise more than expectant LONDON, March 10 (Reuters) – Oil prices edged higher . . .

HOUSTON, March 8 (Reuters) – This year’s freefall in U.S. natural gas prices has upended the acquisitions market for gas producers and spooked investors that lined up to buy when prices were much, much higher. The price volatility has scuppered plans by a unit of Tokyo Gas Co Ltd

HANOI, Feb 27 (Reuters) – Vietnamese electric vehicle maker VinFast has cut the lease price for its first model shipped to the United States by more than 50% for its first customers in California, according to the company’s website and emails to customers reviewed by Reuters. The Vietnamese company, a subsidiary of conglomerate Vingroup JSC

Across the world house prices are breaking records – but this time it is because of how fast they are falling. Houses in Stockholm are now selling for 20% less than their peak, Sydney prices are down by almost 14% over the year, while in San Francisco they are down by 15%, in Auckland by […]

Club holdings Procter & Gamble (PG) and Constellation Brands (STZ) see resilient U.S. consumer demand despite persistent inflation, top executives at both companies said Thursday — highlighting our view that alcohol and staples like toothpaste don’t go out of fashion, even in uncertain economic times. Speaking at the Consumer Analyst Group of New York Conference […]

LONDON, Feb 23 (Reuters) – Oil prices stabilised on Thursday after Brent crude posted its biggest one-day loss for seven weeks in the previous session, with gains on Russian supply curbs capped by an expected rise in U.S. inventories. Brent crude futures rose 25 cents, or 0.3%, to $80.85 a barrel by 1004 GMT, compared […]

Miami saw the biggest uptick in home values.Photo: Joe Raedle (Getty Images) US homes have recorded the largest fall in value since the global financial crisis. In June 2022, US homes were worth a record $47.7 trillion. By the end of the year, they fell by almost 5% to $45.3 trillion. That’s the largest June-to-December […]

An Hour Ago China leaves loan prime rates unchanged The People’s Bank of China left its 1-year loan prime rate unchanged for February at 3.65%, the central bank said in a release on Monday. It also left its 5-year loan prime rate unchanged at 4.30%, widely in line with expectations. The offshore yuan traded at […]

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