UK sees record job creation but inflation squeezes wages
British employers hired a record number of staff last month and labour shortages deepened, increasing the chance that the Bank of England will raise interest rates again next month, but pay was squeezed by rapidly rising inflation.
Less than half of projected U.S. renewable diesel output likely by 2025- study
U.S. refiners and biofuel companies are likely to reach less than half the renewable diesel production projected by the U.S. government for 2025 due to policy and feedstock constraints, according to a study released Tuesday from consultancy Cerulogy.
European shares in the red after hawkish Fed comments
European stocks dropped in early trading on Friday after more Fed policymakers signalled they will start to raise U.S. interest rates in March to combat inflation.
Exclusive: Smart guns finally arriving in U.S., seeking to shake up firearms market
Personalized smart guns, which can be fired only by verified users, may finally become available to U.S. consumers after two decades of questions about reliability and concerns they will usher in a new wave of government regulation.
Foxconn India iPhone plant to reopen on Wednesday -legislator
Apple Inc (AAPL.O) supplier Foxconn (2317.TW) will reopen an iPhone manufacturing facility in southern India on Wednesday, government officials and a legislator in the region where the plant is located told Reuters.
Indonesia approves merger of units of Qatar’s Ooredoo, CK Hutchison
JAKARTA, Jan 4 (Reuters) – Indonesia on Tuesday approved a $6 billion merger of telco units of Qatar’s Ooredoo and Hong Kong’s CK Hutchison (0001.HK) and set a deadline of 2025 for the merged entity to ramp up its services, its communication minister said. CK Hutchison Holdings and Ooredoo announced in September the deal, which will […]
Analysis: Financial literacy or luck? The year small-time traders made a big impact
In May, San Diego-based Emily was feeling flush from a year of double-digit gains earned from trading stocks. Equity options, which some fellow stay-at-home investors were dabbling in, would juice up her returns, she decided.
Japan to unveil record $943 bln budget draft to ensure post-COVID recovery
Japan’s government is set to unveil its largest annual budget on Friday with $943 billion in spending for the fiscal year beginning next April, further straining the industrial world’s heaviest debt, a draft plan seen by Reuters showed.
Analysis: Malaysia’s labour abuse allegations a risk to export growth model
Malaysia’s government and companies must address mounting allegations of workplace abuse of migrant labourers who fuel the country’s economy, or face risks to its export-reliant growth model, experts warn.
Analysis: After inflation, a bond supply shock may be next for markets
Central banks, the developed world’s most reliable group of bond buyers, could slash debt purchases next year by as much as $2 trillion across the four big advanced economies, implying a potentially hefty rise in many governments’ borrowing costs.
