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Sri Lanka to default on debt, no money for fuel, minister says
By Uditha Jayasinghe and Alasdair Pal COLOMBO (Reuters) – Sri Lanka is expected to be placed into de...
18th May, 2022
debt sustainability
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Norwegian Air posts Q1 loss, flags fuel cost impact on recovery
OSLO (Reuters) -Norwegian Air posted a loss for the first quarter on Friday and said the surge in fu...
13th May, 2022
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For some European states, rising debt costs rekindle 2011 crisis memories
By Dhara Ranasinghe LONDON (Reuters) – The rise in European bond yields is alarming some economists,...
10th May, 2022
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A rival sits out Lebanon’s election. Now Hezbollah could fill the void
By Maya Gebeily and Laila Bassam TRIPOLI, Lebanon (Reuters) – The stakes are high in Lebanon’s elect...
9th May, 2022
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Payback time, Italy seeks to lessen COVID loan burden
By Valentina Za, Giuseppe Fonte and Francesco Zecchini MILAN (Reuters) – Gianni Polidori served a fi...
6th May, 2022
Investing
Boeing shares plunge on fresh 777X setbacks, array of charges
By Eric M. Johnson and Abhijith Ganapavaram (Reuters) -Boeing Co said on Wednesday it was halting 77...
27th April, 2022
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Russian internet group Yandex reports $110 million net loss in Q1
(Reuters) -Russian internet group Yandex on Wednesday reported an adjusted net loss of 8.1 billion r...
27th April, 2022
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UK’s Sunak faces new headache as borrowing figures overshoot forecast
By William Schomberg and Andy Bruce LONDON (Reuters) -British government borrowing in the recently e...
26th April, 2022
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Austria says Ukraine war is swelling deficit back to EU’s 3% limit
VIENNA (Reuters) – The Ukraine war’s negative impact on economic growth and associated costs such as...
20th April, 2022
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Explainer-Sri Lanka’s reluctance to tap IMF helped push it into an economic abyss
By Devjyot Ghoshal and Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s worst economic crisis has t...
18th April, 2022
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Debt for climate – the solution that marries economic recovery with climate action?
A debt-for-climate approach could be one way to offset the impact of the COVID-19 pandemic while sup...
13th April, 2022
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Sri Lanka unilaterally suspends external debt payments, says needs money for essentials
By Uditha Jayasinghe and Jorgelina do Rosario COLOMBO/LONDON (Reuters) -Sri Lanka’s central bank sai...
12th April, 2022