Category Archives:
Analysis-Rate rises pile pain on SME firms in U.S. and Europe
By Chiara Elisei LONDON (Reuters) - U.S. and European small and medium-sized (SME) firms may be next to feel the pain of rapid interest rate rises, with analysts and investors warily watching for the ...
Mar 30, 2023
China’s Country Garden posts 90% dip in 2022 core profit, record net loss
HONG KONG (Reuters) -China's top property developer Country Garden Holdings said on Thursday its core profit plunged 90% in 2022 and it posted a record net loss, hurt by a sluggish property market and...
Mar 30, 2023
Tesla expects reduced tax credit for Model 3 by March-end
(Corrects to add missing letter in rear-wheel in first paragraph) (Reuters) -Tesla Inc said on Wednesday a $7,500 tax credit in place since January will be reduced for its Model 3 rear-wheel drive by ...
Mar 30, 2023
Two U.S. army helicopters crash in Kentucky
(Reuters) - Two U.S. Army helicopters collided on Wednesday while on a training mission over Kentucky, a spokesperson said in a statement to Reuters. The status of the crew members was not immediately...
Mar 30, 2023
Silicon Valley Bank and Fed supervisors: what’s known so far
By Ann Saphir SAN FRANCISCO (Reuters) - A team of 20 bank examiners at the San Francisco Federal Reserve took over day-to-day supervision of Silicon Valley Bank in the second half of 2021, after the b...
Mar 30, 2023
Analysis-US bank supervision needs more speed, transparency in wake of SVB debacle, critics say
By Pete Schroeder WASHINGTON (Reuters) - The secretive world of Federal Reserve bank supervision has been laid bare by the collapse of Silicon Valley Bank and critics say it needs an overhaul to make ...
Mar 30, 2023
Colombia central bank seen raising rates at Thursday meeting
By Nelson Bocanegra BOGOTA (Reuters) - The board of Colombia's central bank will hold its monetary policy meeting on Thursday, with the majority of analysts expecting one last hike to the benchmark in...
Mar 30, 2023
South African catastrophes, power woes signal end of cheap insurance
By Tannur Anders and Promit Mukherjee JOHANNESBURG (Reuters) - Three major jolts in as many years coupled with the once unthinkable possibility of a power grid collapse have spooked reinsurers in Sout...
Mar 30, 2023
South Korea March exports likely to see steepest decline in nearly three years – Reuters poll
By Jihoon Lee SEOUL (Reuters) - South Korea's exports likely fell in March at the steepest pace in nearly three years, a Reuters survey showed on Thursday, in a continued downtrend driven by weak dema...
Mar 30, 2023
Polish e-commerce firm Allegro eyes higher Q1 profit
(Reuters) - Poland's biggest e-commerce platform Allegro expects its core earnings will rise in the first quarter, it said Thursday, as it focuses on cutting costs amid economic uncertainty. Allegro f...
Mar 29, 2023
Peoria, IL, USA
68 °F Rain With Thunderstorm
