Stories from Reuters
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Oil falls 2% on US rate hike talk, stronger dollar
Fed’s Powell opens the door to higher and faster rate hikes
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EU, US working on tax credits for EV minerals
Any agreement will give EU free trade agreement-like status
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US banks lay off workers in Asia
China’s economy hit hard due to harsh Covid-19 restrictions
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Apple to manufacture iPhones at plant in India
Govt allocates 300 acres of land for factory with Foxconn investing $700 million
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US seeks allies' backing for possible China sanctions over Ukraine war
It was not clear what specific sanctions Washington will propose
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Global economies: boom, bust or a bit of both
Inflation has slowed, but not enough for central bankers to feel the war is won
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World Bank promises debt ‘concessionality’
It comes as China asks global lenders to take haircuts on loans
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IMF flags debt restructuring hurdles
Banning private cryptocurrencies should be an option: Georgieva
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Iran says it has developed long-range cruise missile
Tehran says the programme is purely defensive and of a deterrent nature
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Boeing temporarily halts 787 deliveries
Conducts additional analysis on fuselage component