Southern California could get 85% of its water locally and avoid Delta tunnel, groups say
admin LOS ANGELES - A coalition of conservation groups wants Southern California to get 85% of its water l...
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Sri Lanka stuns with 100-bp rate hike as Iran war rattles currency, fuels inflation
COLOMBO - Sri Lanka's central bank stunned markets by raising its policy rate by an outsized 100 basis points on…
Euro zone may face pockets of stress from private credit, not systemic risk: ECB
FRANKFURT - The euro zone is not facing systemic risk from the recent turbulence in private credit markets but a…
European shares flat as US strikes on Iran dampen peace deal hopes
European shares were subdued on Tuesday as expectations for an imminent end to the Middle East conflict waned after the…
Sri Lanka stuns with 100-bp rate hike as Iran war rattles currency, fuels inflation
COLOMBO - Sri Lanka's central bank stunned markets by raising its policy rate by an outsized 100 basis points on…
Brent gains 2% as US military strikes on Iran add to peace deal uncertainty
SINGAPORE - Brent crude futures rose more than 2% on Tuesday after the U.S. military carried out strikes in Iran,…
UK shop price inflation picks up, retailers ask government to help
LONDON - British shop price inflation sped up in May on the back of disruption and higher energy costs caused…
Spain’s industrial prices rise 8.3% year-on-year in April, fastest since December 2022
Spanish industrial prices rose 8.3% in the 12 months through April following a revised 3.1% increase in the 12 months…
Sri Lanka jolts markets with outsized 100-bp rate hike to counter Gulf crisis
COLOMBO - Sri Lanka's central bank stunned markets by raising its policy rate by an outsized 100 basis points on…
South Korea to step up monitoring of investments in overseas private debt
SEOUL - South Korea will step up monitoring investments by domestic pension funds and banks in overseas private debt, the…