Reuters

ISTANBUL (Reuters) - Turkish annual consumer price inflation climbed to 69.8% in April, official data showed on Friday, a bit below expectations but the highest since late-2022 on strong rises in education, restaurants and hotels prices.

Month-on-month, consumer price inflation was 3.18%, according to the Turkish Statistical Institute, compared with 3.16% in March.

A Reuters poll showed annual inflation was expected to be 70.33% in... (continue reading...)

LONDON (Reuters) - Central banks in Australia, Britain and Sweden will meet next week, as markets assess how much leeway the U.S. Federal Reserve has to cut rates this year.

Traders are on alert for Japanese currency intervention, while weighing up the effects of U.S. market turbulence. And the around-the-world election tour makes a pit-stop in Panama.

Here's what is in store for global markets in the week ahead from Rae Wee in... (continue reading...)

(Reuters) - Italian construction group Webuild said on Friday it has pitched a project to rebuild Baltimore's Francis Scott Key Bridge, which collapsed in March after a container ship crashed into a support pillar.

The project includes the design and planning for the reconstruction, which envisages a cable-stayed bridge with the aim to improve safety, adaptability, sustainability and to ensure maximum safety for navigation, the company said.

By Ankur Banerjee and Rae Wee

SINGAPORE (Reuters) - Japan appears to have bought some time and respite for a tumbling yen through its latest bursts of suspected , yet it has also set itself up for a protracted war with a market that views the currency as a compelling sell, analysts say.

Traders estimate the Bank of Japan (BOJ) spent nearly $59 billion defending the currency this week, helping to put the yen on track for its best weekly... (continue reading...)

By Mahamat Ramadane and Idrissa Sangare

N'DJAMENA/BAMAKO (Reuters) - In Chad's scorching capital N'Djamena, housewife Sylvie Belrangar turned the handle of a tap but nothing trickled out as water shortages and extreme temperatures sweep parts of West and North-Central Africa's Sahel region.    "The president promised water and electricity. But since then, we've seen nothing," she said last week, surrounded by withered plants in her parched... (continue reading...)