By Liz Hampton (Reuters) – The U.S. oilfield services and equipment sector added 7,450 jobs in December, even as overall hiring in the United States slowed, according to a report released on Monday by the Energy Workforce & Technology Council, an industry trade group. The sector has regained some 62,289 jobs since shedding a peak …
Oilfield service jobs rise in December, bucking slowdown in U.S. hiring Read More »
TAIPEI (Reuters) – Taiwan and Canada have agreed to start talks on an investment protection agreement, both governments said on Monday, part of the Chinese-claimed island’s efforts to boost ties with fellow democracies in the face of growing pressure from Beijing. Taiwan has been angling for trade deals with what it views as like-minded partners …
Taiwan, Canada to start talks on investment agreement Read More »
JERUSALEM (Reuters) – The Omicron coronavirus variant sweeping Israel will cost the economy around two billion shekels ($641.81 million) every 20 days, central bank governor Amir Yaron said on Monday. “At this point we are not talking about a macro-economic development,” Yaron told parliament’s finance committee. The economic hit would come from decreased consumption and …
Omicron will cost Israel $640 million every three weeks, central bank chief says Read More »
It didn’t take long for speedbumps to appear as markets rev up for 2022. Rising U.S. Treasury yields, sparked by growing speculation the Federal Reserve could start its rate hike cycle as early as March have doused early enthusiasm, just as the U.S. earnings season is about to kick off. And unrest in Kazakhstan has …
FRANKFURT (Reuters) -Rising energy prices may force the European Central Bank to stop “looking through” high inflation and act to temper price growth, particularly if the green transition proves inflationary, ECB board member Isabel Schnabel said on Saturday. Inflation hit a record high 5% last months, more than twice the ECB’s 2% target but the …
ECB may need to act if energy price rises more persistent: Schnabel Read More »
By Mayela Armas CARACAS (Reuters) – Venezuela’s annual inflation rate hit 686.4% in 2021, demonstrating a deceleration of consumer price growth versus the previous year when inflation was 2,959.8%, the country’s central bank said on Saturday. Monthly inflation in December rose 7.6% and, since September, the inflation rate has remained in the single digits. The …
Venezuela’s inflation hit 686.4% in 2021 – central bank Read More »
WARSAW (Reuters) – Polish Prime Minister Mateusz Morawiecki is expected to announce more additions to the country’s anti-inflationary package on Tuesday, government spokesperson Piotr Muller said on Saturday. The measures in the whole package could be extended if inflation continues to surge, Muller told private radio RMF FM. On Friday Morawiecki highlighted a previously announced …
Poland’s PM to announce anti-inflationary measures Tuesday, gov’t spokesperson says Read More »
(Reuters) – Inflation in Argentina is expected to reach 54.8% at the end of 2022, according to a central bank poll of analysts released on Friday, 2.7 percentage points higher than estimated in the same survey last month. The poll also showed that analysts expect the economy to grow 2.9% this year, according to the …
Argentina 2022 inflation to reach 54.8% -cenbank poll Read More »
(Reuters) – Hedge funds bounced back in December to end a challenging year on a strong note and deliver broad-based annual returns of 10.3%, the third best performance since 2009, industry figures showed on Friday. HRF’s benchmark HFRI Fund Weighted Composite Index rose 1.28% in December, following a steep 2% fall in November. The annual …
Hedge funds end challenging 2021 with 10.3% gain -HFR Read More »
WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai on Friday expressed strong U.S. support for Lithuania and the European Union in the face of “economic coercion” from China during a call with EU Executive Vice President Valdis Dombrovskis, USTR said in a statement. The expression of support for Lithuania is the second this week from …
U.S. trade chief expresses support for Lithuania amid China ‘coercion’ Read More »
