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Incoming BoE official Breeden agrees on ‘upside’ inflation risk
LONDON (Reuters) - Incoming Bank of England deputy governor Sarah Breeden said on Tuesday that she agreed with her future colleagues on the Monetary Policy Committee that the risks to inflation lay to...
Syndicated Content Sep 12, 2023
UPS CEO says new labor deal with Teamsters to cost less than $30 billion – CNBC
(Reuters) - United Parcel Service CEO Carol Tome said that its new five-year contract with Teamsters-represented workers in the United States will cost less than the $30 billion outlined by the union,...
Syndicated Content Sep 12, 2023
Amazon makes first investment in direct air capture climate technology
By Susanna Twidale and Peter Henderson (Reuters) - E-commerce giant Amazon.com is making its first investment in direct air capture technology, which removes emissions from the atmosphere, by committi...
Syndicated Content Sep 12, 2023
UK government may have violated environmental law on sewage overflows -watchdog
LONDON (Reuters) -Britain's environmental protection watchdog said on Tuesday it had identified possible failures to comply with environmental law in relation to the regulation of combined sewer overf...
Syndicated Content Sep 12, 2023
Crisis-ridden Pakistan likely to raise rates, hike of at least 150 bps seen : Reuters poll
By Ariba Shahid KARACHI (Reuters) - Pakistan's central bank is expected to hike rates when it meets to decide on policy on Thursday as it seeks to tackle sky-high inflation and bolster diminished fore...
Syndicated Content Sep 12, 2023
More than 1,000 bodies recovered in Libyan city after floods – minister
TUNIS (Reuters) - Over 1,000 bodies have been recovered in the eastern Libyan city of Derna after it was hit by floods, a minister in the eastern administration said on Tuesday, adding hit was not pos...
Syndicated Content Sep 12, 2023
IQE expects semiconductor sector recovery to lag estimates; swings to loss
(Reuters) - British chip components maker IQE on Tuesday said the recovery in the semiconductor industry would likely be slower-than-anticipated this year but it would improve in 2024 as customer dema...
Syndicated Content Sep 12, 2023
Putin warns of economic strife should inflation rise uncontrollably
VLADIVOSTOK, Russia (Reuters) - Russian President Vladimir Putin on Tuesday said increasing inflation had forced the central bank to hike rates to 12% last month, warning that Russia's economy would s...
Syndicated Content Sep 12, 2023
European shares edge higher; softer pound lifts UK’s FTSE 100
(Reuters) - European shares inched higher on Tuesday, tracking overnight gains on Wall Street, while Britain's export-focussed FTSE 100 was supported by a weakening pound following UK's mixed labour m...
Syndicated Content Sep 12, 2023
India’s road transport minister to propose additional tax on diesel engine vehicles
NEW DELHI (Reuters) -India plans to propose imposing an additional 10% tax on diesel engine vehicles in an attempt to reduce pollution from diesel vehicles in the world's third largest car market. Roa...
Syndicated Content Sep 12, 2023
Peoria, IL, USA
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