MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador said on Tuesday his administration will issue a call for U.S. and Canadian companies to participate in the country’s i[...]
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Business
Africa deserves right to use natural gas reserves – AfDB chief
By Simon Jessop and Emilie Madi SHARM EL-SHEIKH (Reuters) – The right of African countries to use their natural gas reserves should be reflected in any deal at the COP27 climate talks, the presi[...]
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More chip production needed in Europe, Infineon CEO says
By Christina Amann MUNICH (Reuters) – Infineon Technologies AG Chief Executive Jochen Hanebeck supports contract manufacturers building more chip factories in Europe to reduce his company’[...]
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Fed’s Harker: better to pause rate hikes at the right time than risk overtightening
(Reuters) – The Federal Reserve should pause its interest rate hikes once its policy rate is at a sufficiently restrictive level to bring inflation on a path back down toward the central bank[...]
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Germany completes Wilhelmshaven floating LNG terminal, more to come
By Vera Eckert FRANKFURT (Reuters) -Germany on Tuesday completed construction of its first floating terminal for liquefied natural gas (LNG) at the North Sea port of Wilhelmshaven as it scrambles to s[...]
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Oct PPI adds to relief over cooling US inflation
NEW YORK (Reuters) – U.S. producer prices increased less than expected in October, further evidence that inflation was starting to subside. The producer price index for final demand rose 0.2% la[...]
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U.S. producer prices slow in October in boost to inflation outlook
By Lucia Mutikani WASHINGTON (Reuters) -U.S. producer prices increased less than expected in October as services fell for the first time in nearly two years, offering more evidence that inflation was[...]
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Fed focused on addressing ‘much too high’ inflation: Cook
By Ann Saphir (Reuters) – Federal Reserve Governor Lisa Cook on Tuesday said the U.S. central bank is focused on addressing inflation that is “much too high”, and businesses and elec[...]
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