Category Archives:
Auto parts maker Marelli to discuss Italian plant closure with unions
MILAN (Reuters) - Auto parts maker Marelli will consult unions on a plan announced this week to shut one of its plants producing components for internal combustion engines (ICE) hit by the transition ...
Sep 22, 2023
China Evergrande defers scheme meeting to reassess terms of proposed restructuring
(Reuters) - China Evergrande said on Friday it would not be conducting the scheme meeting scheduled on Sept. 25 and Sept. 26 as the embattled property developer considers it necessary to reassess the ...
Sep 22, 2023
Fed’s Bowman says more rate hikes needed to ensure ‘timely’ inflation control
By Howard Schneider WASHINGTON (Reuters) - The U.S. central bank needs to raise interest rates further to control inflation in a "timely way," Federal Reserve Governor Michelle Bowman said on Friday i...
Sep 22, 2023
Citadel Securities pays $7 million to settle charges it violated short-sale rules
By Pete Schroeder (Reuters) - The U.S. Securities and Exchange Commission said on Friday that Citadel Securities LLC, a Miami-based hedge fund, had agreed to pay $7 million to settle charges it incorr...
Sep 22, 2023
Italy sees 2023 budget deficit overshoot at around 5.5% of GDP, sources say
By Giuseppe Fonte ROME (Reuters) - Italy sees its 2023 budget deficit overshooting at around 5.5% of gross domestic product (GDP) from the current 4.5% target, sources told Reuters, pushed up by high ...
Sep 22, 2023
New designer De Sarno showcases minimalist glamour for Gucci debut
By Elisa Anzolin and Mimosa Spencer MILAN (Reuters) - Gucci's new creative director Sabato De Sarno sent out a glamorous, skin-baring lineup of minimalist designs for his first fashion show on Friday,...
Sep 22, 2023
Colombia central bank seen holding benchmark rate at 13.25% in next meeting: Reuters poll
By Nelson Bocanegra BOGOTA (Reuters) - Colombia's central bank is expected to hold its benchmark interest rate at 13.25% during the board's meeting next week as inflation has been falling more slowly ...
Sep 22, 2023
Fed’s Collins: Further tightening possible, though “patience” required
By Howard Schneider WASHINGTON (Reuters) - Further Federal Reserve interest rate increases are "not off the table" with inflation still not clearly contained, Boston Federal Reserve President Susan Co...
Sep 22, 2023
Explainer-US presidential election 2024: dates, candidates and latest issues
By James Oliphant and Trevor Hunnicutt WASHINGTON (Reuters) - The 2024 presidential election promises to be like no other modern U.S. election. Leading the field of Republican presidential candidates ...
Sep 22, 2023
U.S. business activity nears stand-still in September, survey says
NEW YORK (Reuters) - U.S. business activity showed little change in September, with the vast services sector essentially idling at the slowest pace since February, and overall new order activity slipp...
Sep 22, 2023
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