Page 96 - Eco News Today

UK's FTSE 100 traded flat on Tuesday as uncertainties surrounding the U.S. debt deal dented sentiment, while snack chain SSP Group hit a nearly three-month high on an upbeat profit outlook.

The leaders of the Group of Seven (G7) rich democracies this weekend pledged to "de-risk" without "decoupling" from China, an approach that reflected European and Japanese concerns about pushing Beijing too hard, officials and experts said.

Denmark will use stronger-than-expected economic growth to boost its healthcare system with an extra 5 billion Danish crowns ($739 million) per year, the country's Prime Minister Mette Frederiksen said on Tuesday.

Lowe's Cos Inc cut its annual sales and profit forecasts on Tuesday, joining larger rival Home Depot in highlighting waning demand for home improvement tools with sticky inflation forcing consumers to cut back on discretionary spending.

The Russian government is considering a possible gasoline export ban to prevent domestic fuel shortages and price increases after a decision to reduce subsidies for refineries, industry and government sources told Reuters on Tuesday.

Qatar Investment Authority has been very active in private and public credit over the past two years, CEO Mansoor Ebrahim Al-Mahmoud said on Tuesday.

International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday she hoped the world economy would not have to wait until the 11th hour for a solution on the U.S. debt ceiling.

Brazilian stocks are expected to keep drifting higher this year on mixed company earnings, as food exporters feel the pinch from slower global growth, while banks take advantage of sky-high interest rates, a Reuters poll showed.

International Monetary Fund staff and Kenya have reached an agreement that could unlock more than $1 billion of new financing, which could help relieve pressure on government finances in East Africa's largest economy.

The scam looked so real even experts were taken in.