Category Archives:
Marketmind: Inflation cloud obscures Fed peak
A look at the day ahead in U.S. and global markets from Mike Dolan The Federal Reserve's willingness to end its interest rate rise campaign here hinges just a few high-frequency data points over the m...
May 10, 2023
Cisco to manufacture from India in diversification move
NEW DELHI (Reuters) - U.S. tech giant Cisco Systems will set up a manufacturing facility in India as it aims to diversify its global supply chain, Chief Executive Officer Chuck Robbins said on Wednesd...
May 10, 2023
Austria to join countries banning TikTok from government phones
VIENNA (Reuters) - Austria will join the growing list of countries banning Chinese-owned video-sharing app TikTok from government employees' work phones, Interior Minister Gerhard Karner said on Wedne...
May 10, 2023
Column-Cromwell’s rule and the global economic outlook: Kemp
By John Kemp LONDON (Reuters) - "Think it possible you may be mistaken", England's leader Oliver Cromwell demanded in a public letter to the Church of Scotland ahead of the battle of Dunbar in 1650. C...
May 10, 2023
Biden heads to New York to talk debt ceiling, raise funds for re-election
By Nandita Bose WASHINGTON (Reuters) - U.S. President Joe Biden plans to make the case that Congress needs to move quickly to raise the federal government's $31.4 trillion debt ceiling in a Wednesday ...
May 10, 2023
Shell wins UK Supreme Court case on 2011 oil spill off Nigerian coast
LONDON (Reuters) - The UK Supreme Court ruled on Wednesday that it was too late for a group of Nigerian claimants to sue two Shell subsidiaries over a 2011 offshore oil spill they say had a devastatin...
May 10, 2023
Indonesia tax cut drives electric car sales for Hyundai, Wuling
By Bernadette Christina and Stefanno Sulaiman JAKARTA (Reuters) - Sales of electric cars in Indonesia jumped last month after the government launched tax incentives, auto executives said, in an early ...
May 10, 2023
Allkem to merge with US lithium producer Livent Corp in $10 billion deal – report
(Reuters) - Australian lithium miner Allkem Ltd has inked a $10 billion merger agreement with U.S.-based chemical manufacturing firm Livent Corp, the Australian Financial Review reported on Wednesday....
May 10, 2023
Pakistan rupee weakens to record low after Imran Khan arrest
By Ariba Shahid KARACHI, Pakistan (Reuters) - The Pakistani rupee weakened 1.3% to a new record low of 288.5 against the U.S. dollar on Wednesday, a day after former prime minister Imran Khan was arre...
May 10, 2023
Factbox-When is Cannes Film Festival 2023 and what can we expect?
(Reuters) - The Cannes Film Festival will roll out its red carpet next week, with Leonardo DiCaprio, Natalie Portman and Harrison Ford among the Hollywood stars expected at the glitzy industry event o...
May 10, 2023
Peoria, IL, USA
63 °F Rain, Mist
