Category Archives:
Visa, Mastercard pause crypto push in wake of industry meltdown – sources
By Manya Saini (Reuters) - U.S. payment giants Visa and Mastercard are slamming the brakes on plans to forge new partnerships with crypto firms after a string of high-profile collapses shook faith in ...
Feb 28, 2023
Norwegian Cruise sees weak annual profit as fuel, labor costs soar
(Reuters) - Norwegian Cruise Line Holdings Ltd on Tuesday forecast full-year profit below Wall Street estimates, as the cruise operator struggles with soaring fuel and labor costs even as travel deman...
Feb 28, 2023
Fed might raise policy rates to 6% – BofA
(Reuters) - The U.S. Federal Reserve may hike interest rates to nearly 6%, BofA Global Research said, as strong U.S. consumer demand and a tight labor market would force the central bank to battle inf...
Feb 28, 2023
India’s growth slowed in December quarter on weakness in manufacturing
(Reuters) -India's economic growth slowed further in the December quarter as a series of interest rate hikes by the country's central bank hurt demand and weakness in the manufacturing sector continue...
Feb 28, 2023
Brazil’s jobless rate drops to 7.9 pct in quarter through December
RIO DE JANEIRO (Reuters) - Brazil's jobless rate fell to 7.9 percent in the three months through December, statistics agency IBGE said on Tuesday, below market expectations. The median forecast in a R...
Feb 28, 2023
Tech service startup Bitwise Industries raises $80 million in latest funding round
By Krystal Hu (Reuters) - Bitwise Industries, a tech service provider that trains workers in underrepresented communities, has raised $80 million in a funding round led by existing investors Kapor Cen...
Feb 28, 2023
Masks required again at OSF Saint Francis Medical Center
PEORIA, Ill. — Staff, patients and visitors will be required to wear face masks again starting Tuesday (February 28) at OSF HealthCare’s St. Francis Medical Center in Peoria due to elevate...
Feb 28, 2023
Tesla’s China sales slow as price-cut boost wanes
SHANGHAI (Reuters) - Tesla Inc's electric vehicle (EV) sales in China rose last week but were still running short of the pace seen in the fourth quarter, indicating the bump from discounted prices in ...
Feb 28, 2023
Target fends off holiday gloom with discounts, warns on 2023 earnings
(Reuters) -Target Corp reported a surprise rise in holiday-quarter sales on Tuesday, buoyed by an increase in store traffic from discount-hungry Americans, even as it joined other retailers in caution...
Feb 28, 2023
Britain not behind other central banks in digital currency plans, says BoE
By Huw Jones LONDON (Reuters) - Britain is not lagging other central banks in issuing a digital version of its currency for day-to day-payments, Bank of England Deputy Governor Jon Cunliffe said on Tu...
Feb 28, 2023
Peoria, IL, USA
62 °F Sunny
