Economic News

COPENHAGEN (Reuters) – SAS will not be using the second tranche of its $700 million debtor-in-possession (DIP) term loan in the second quarter of the year, due to stronger than expected development of the airline’s liquidity, the airline said on Monday.

(Reuters) – Slovakia has handed over all 13 MiG-29 fighter jets it had pledged to Ukraine, the Slovak Defence Ministry said on Monday.

BERLIN (Reuters) – Production in Germany’s engineering sector rose by 3.2% in the first two months of 2023 compared with the same months last year as supply chain bottlenecks eased considerably, the VDMA engineering association said on Monday.

LONDON (Reuters) – Earnings season gets into full swing, while the first snapshot of business activity in April could provide a sense of how much pain the turmoil in the banking sector has inflicted on the world economy.

TAIPEI (Reuters) – The U.S. warship USS Milius sailed through the Taiwan Strait on Sunday, the U.S. Navy said on Monday, just days after China ended its latest war games around the island.

TOKYO (Reuters) – U.S. Secretary of State Antony Blinken said on Monday there is a “shared deep concern” among allies about the fighting in Sudan and a view that it should stop immediately and the sides return to talks.

MOSCOW (Reuters) – Facing up to a quarter of a century in jail on treason charges he denies, Kremlin critic Vladimir Kara-Murza is expected to learn his fate on Monday when a Moscow court pronounces a verdict and sentences him.

By Balazs Koranyi WASHINGTON (Reuters) – Three women are seen as the top contenders to become the European Central Bank’s new supervisory chief, with Germany’s Claudia Buch considered the clear favorite, conversations with a dozen sources with direct knowledge indicate.

(Reuters) – Workers from Tesla’s Shanghai factory have taken the unusual step of posting on social media to appeal to Elon Musk and the Chinese public after being told over the weekend that a performance bonus had been cut.

HONG KONG (Reuters) – One of the most prominent democracy activists in Hong Kong over recent years, Joshua Wong, was sentenced on Monday to three months in prison over an information breach involving a police officer, according to a post on Wong’s Facebook account.

By Stella Qiu and Byron Kaye SYDNEY (Reuters) – When China ended a lengthy border closure in January, e-commerce marketer Tianni Ren immediately began planning a team building trip for her 14 staff to Australia, hoping to see its stunning pink salt lakes that had captivated

By Howard Schneider and Balazs Koranyi WASHINGTON (Reuters) – Major central banks may be deep into their drive to raise interest rates in hopes of killing inflation, but the endgame remains far from clear as price increases prove harder to slow than expected, and analysts caution

By Lucy Craymer WELLINGTON (Reuters) – New Zealand food prices surged in March as flash floods and a cyclone this year jacked up fruit and vegetable prices, with economists expecting first quarter inflation data due later this week to keep the central bank on its policy

SYDNEY (Reuters) – Australia’s Treasurer on Monday said he was close to announcing details of a wide-ranging review into the country’s central bank which would require legal changes for some steps, underlining the scope of the shake-up.

By Dhara Ranasinghe, Samuel Indyk and Alun John

(Reuters) – A look at the day ahead in European and global markets from Wayne Cole.

MUMBAI (Reuters) – At least eleven people died on Sunday after suffering from sunstroke at an event attended by India’s home minister on the outskirts of Mumbai, the chief minister of Maharashtra state said.

SEOUL (Reuters) – North Korea held a ceremony on Sunday to celebrate the completion of 10,000 new modern homes in the newly built Hwasong District in Pyongyang, state media KCNA reported.

By Michelle Nichols UNITED NATIONS (Reuters) – The extension of a deal allowing the safe Black Sea export of Ukrainian grain and fertilizers beyond May 18 hangs in the balance after Russia issued a list of demands linked to a related agreement on its own such

(Reuters) – Myanmar’s junta has released 3,113 prisoners, including 98 foreigners, to mark the country’s traditional New Year on Monday, according to a statement from the military government published on pro-military Telegram channels.