LONDON / WAM Price rises in the UK eased by more than anticipated in February, official figures showed on Wednesday, raising expectations that the Bank of England may start cutting interest rates in the next few months. The Office for National Statistics said inflation, as measured by the consumer price index, fell to 3.4 percent, its lowest level since September ...

ABU DHABI / WAM/ BLOOMBERG Stocks in Asia were mixed after US equities touched fresh peaks ahead of the Federal Reserve’s decision, with eyes on the future pace of rate cuts. The yen extended its decline. Chinese equities gained as the country’s banks kept their benchmark lending rates unchanged. Focus is on a slew of key earnings including from Tencent ...

BERLIN / WAM A new report released by the International Renewable Energy Agency (IRENA) confirms that achieving the global target set at COP28 to triple renewable power capacity by 2030 relies heavily on establishing conducive conditions for such growth. Tripling renewable power capacity by 2030 is technically feasible and economically viable, but its delivery requires determination, policy support and investment ...