The New Year In Business

Currencies and central bank decisions may shape the year ahead BY Nour E. Al-Hammoury Looking back at 2015, it’s clear that it’s been one for the history books—for several reasons. Stand-out factors include the release of long-unseen economic data, dwindling oil prices and a sovereign economy that was tested and found wanting, as Greece defaulted

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Prospects Still Slim for Major Global Economic Pickup

By Ross Finley, Silvio Cascione and Rahul Karunakar LONDON/BRASILIA/BENGALURU, Dec 20 – The world economy may be set for another year like 2015, with modest growth in developed economies offsetting persistent weakness elsewhere but generating very little inflation and keeping interest rates low. The U.S. Federal Reserve’s long-awaited rise in rates from zero showed confidence

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Rising Food Prices to Hit Rural India Next Year

By Rajendra Jadhav and Suvashree Choudhury MUMBAI, Nov 10 (Reuters) India’s villages face a sharp spike in food prices in 2016, as a second year of drought drives up the cost of ingredients such as sugar and milk, and poor transport infrastructure stops falling global prices from reaching rural areas. India’s first back-to-back drought in

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