Category Archives:
Take Five: A summit with a ceiling
(Reuters) - Right now, it's all about deadlines, as lawmakers race to thrash out a deal on the U.S. borrowing limit, voters in Turkey head to the polls and time runs short for Russia and Ukraine to ag...
May 12, 2023
JP Morgan now expects S.Africa 2023 GDP decline on deeper power cuts
(Reuters) - JPMorgan in a research note on Friday said it now forecast a 0.2% decline in South Africa's 2023 gross domestic product versus a previous forecast for 0.3% growth, citing expectations for ...
May 12, 2023
Tesla to recall over 1.1 million foreign and China-made cars – Chinese regulator
BEIJING (Reuters) - Tesla Inc will recall a total of 1,104,622 vehicles, both imported and China-made ones, China's market regulator said on Friday. The models to be recalled include imported Model S,...
May 12, 2023
Fed’s Bowman: more policy tightening likely appropriate
(Reuters) - The U.S. Federal Reserve will probably need to raise interest rates further if inflation stays high, Fed Governor Michelle Bowman said on Friday, adding that key data so far this month has...
May 12, 2023
Fed’s Bowman calls for external review of Silicon Valley Bank oversight
By Pete Schroeder WASHINGTON (Reuters) - Federal Reserve Governor Michelle Bowman said Friday that the central bank should hire an outside party to further examine the events that led to the abrupt fa...
May 12, 2023
Indonesia’s April trade surplus seen increasing to $3.38 billion- Reuters poll
JAKARTA (Reuters) - Indonesia's April trade surplus was seen increasing from the previous month, with imports softening due to less production activities during the holiday of Ramadan, a Reuters poll ...
May 12, 2023
IMF staff, Senegal reach agreement on $1.9 billion funding package
(Reuters) - International Monetary Fund staff have reached agreement with Senegal on financing facilities totalling about $1.9 billion, the Fund said in a statement. The deal is subject to approval by...
May 12, 2023
UK’s Autonomy founder Lynch extradited to the U.S. on fraud charges
By Sarah Young LONDON (Reuters) -Mike Lynch has been extradited to the United States to face criminal charges over Hewlett Packard's $11 billion acquisition of his software company Autonomy, a dramati...
May 12, 2023
UK’s THG ends deal talks with Apollo
(Reuters) - British online retail platform THG Plc said on Friday it has terminated talks with Apollo Global Management, saying there was "no merit" in discussions after it rejected the private equity...
May 12, 2023
Japan’s Rakuten posts $564 million loss in Q1 on mobile loss
TOKYO (Reuters) - Japanese e-commerce and fintech giant Rakuten Group Inc on Friday posted an operating loss of 76.2 billion yen ($564.24 million) for the first three months of 2023, dragged down by i...
May 12, 2023
Peoria, IL, USA
53 °F Sunny
