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Analysis-Britain takes fight to restore investor faith into 2023

BY Reuters  • December 16, 2022December 16, 2022
By Sinead Cruise, Kate Holton and Dhara Ranasinghe LONDON (Reuters) – Major investors are rethinking their support for Britain’s economy following months of political turmoil and persisten[...]
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Business Economy Europe Politics Top News UK US

China’s economy picking up but “arduous efforts” needed to sustain momentum – state planner

BY Reuters  • December 16, 2022December 16, 2022
BEIJING (Reuters) – China’s economy is expected to pick up, but “arduous efforts” are needed to sustain the recovery in growth due to an adverse external environment and the gl[...]
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Asia Business Economy Health Politics

U.S. Senate passes record $858 billion defense act, sending bill to Biden

BY Reuters  • December 16, 2022December 16, 2022
By Patricia Zengerle WASHINGTON (Reuters) -The U.S. Senate passed legislation on Thursday authorizing a record $858 billion in annual defense spending, $45 billion more than proposed by President Joe[...]
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Business Economy Politics Top News Updated

As Kuroda bows out, Bank of Japan’s rising hawks eye end to unloved yield cap

BY Reuters  • December 16, 2022December 16, 2022
By Leika Kihara TOKYO (Reuters) – As Haruhiko Kuroda’s decade helming Japan’s central bank nears an end, more of his senior colleagues are seeing a case to remove the bank’s ca[...]
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Asia Business Economy Politics Updated

Factbox: Japan tax reform to target low-emission cars, shift to investment

BY Reuters  • December 16, 2022December 16, 2022
TOKYO (Reuters) – Japan will extend tax breaks on low-emission cars and seek to shift its massive household savings into investment in the government’s annual tax code revision to be appro[...]
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Asia Business Economy Politics

California approves $2.9 billion investment to double car chargers in state

BY Reuters  • December 15, 2022December 15, 2022
(Reuters) – The California Energy Commission on Wednesday approved a $2.9 billion investment plan to accelerate the state’s 2025 electric vehicle (EV) charging and hydrogen refueling goals[...]
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Business Politics Updated US

Adding EVs to U.S. biofuels law is environmental agency’s 2023 task

BY Reuters  • December 15, 2022December 15, 2022
By Stephanie Kelly NEW YORK (Reuters) – The Biden administration could change the nation’s biofuel blending law next year to offer lucrative credits to electric vehicle manufacturers like[...]
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Business Economy Environment Politics Top News US

Colombia to hike minimum monthly wage by 16%

BY Reuters  • December 15, 2022December 15, 2022
BOGOTA (Reuters) – Colombia’s minimum wage will increase by 16% in 2023, President Gustavo Petro said on Thursday, higher than the previous wage hike. The minimum wage will rise to 1.16 mi[...]
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Business Economy Latin America Politics

Ghana begins tackling debt restructuring pain as it secures IMF deal

BY Reuters  • December 15, 2022December 15, 2022
(This Dec.14 story has been corrected to fix the company name to PineBridge Investments) By Rachel Savage JOHANNESBURG (Reuters) – Days after launching a bold domestic bond overhaul, Ghana struc[...]
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Africa Business Economy Politics
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