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Brazil fuel price hike to trigger inflation revision, says central bank chief
BRASILIA (Reuters) - Brazil will likely need to upwardly revise its inflation estimates, central bank Governor Roberto Campos Neto said on Tuesday after state-run oil giant Petrobras announced a fuel ...
Syndicated Content Aug 15, 2023
Loss-making Wheels Up to give up 95% stake to lenders for $500 million
(Reuters) - Money-losing private jet charter company Wheels Up Experience said on Tuesday it would give up 95% of its common stock in return for a $500 million lifeline from Delta Air Lines and two in...
Syndicated Content Aug 15, 2023
IMF staff to visit Sri Lanka in Sept for first programme review
LONDON (Reuters) - An International Monetary Fund (IMF) staff team will visit Colombo in a month's time for the first review on Sri Lanka's loan programme, a spokesperson said on Tuesday. The Washingt...
Syndicated Content Aug 15, 2023
UAW workers may vote on strike at Detroit Three automakers next week
(Reuters) - Union members are planning to vote on a strike at Detroit Three automakers next week, the United Auto Workers (UAW) said on Tuesday, as it pushes the companies to reach new contract terms ...
Syndicated Content Aug 15, 2023
Argentine peso steady after devaluation as central bank tightens control
By Jorge Otaola BUENOS AIRES (Reuters) - Argentina's peso was flat on Tuesday at 350 per dollar after the central bank guided a sharp devaluation a day earlier in the wake of a primary election upset ...
Syndicated Content Aug 15, 2023
US space startups’ latest struggles marked by layoffs, shake-ups
By Joey Roulette WASHINGTON (Reuters) - U.S. space startups have slashed workforces and restructured operations to survive amid an investment drought that has grounded once-lofty aspirations. While mo...
Syndicated Content Aug 15, 2023
Kashkari says he’s not ready to say Fed is done raising rates
(Reuters) - Minneapolis Federal Reserve President Neel Kashkari on Tuesday said that while he is pleased with the progress so far, inflation is still too high and the U.S. central bank may still need ...
Syndicated Content Aug 15, 2023
White House sees no reason for a government shutdown
WASHINGTON (Reuters) - The White House said on Tuesday that they do not see any reason to have a government shutdown next month, after negotiating a bipartisan budget agreement earlier this year. (Rep...
Syndicated Content Aug 15, 2023
Blinken says US overall approach to Iran has not changed after detainee deal
WASHINGTON (Reuters) - U.S. Secretary of State Antony Blinken said on Tuesday that the Biden administration's overall approach to Iran had not changed after an agreement on Americans detained there an...
Syndicated Content Aug 15, 2023
White House: Having active talks about Biden visiting Hawaii
ABOARD AIR FORCE ONE (Reuters) - There are active discussions under way at the White House about President Joe Biden making a visit to Hawaii to check on Maui wildfire recovery efforts, White House sp...
Syndicated Content Aug 15, 2023
Peoria, IL, USA
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