Category Archives:
ECB to focus on capping demand and inflation expectations, de Guindos says
FRANKFURT (Reuters) - The European Central Bank will continue to focus on dampening demand and capping inflation expectations to prevent the current, fast price growth from taking hold in the euro are...
Nov 04, 2022
Berkshire trims stake in China’s BYD H-shares worth HK$560 million – filing
HONG KONG (Reuters) - Berkshire Hathaway Inc, the investment firm owned by Warren Buffett, has sold 3.297 million Hong Kong-listed shares of electric vehicle maker BYD for HK$560.05 million ($71.35 mi...
Nov 04, 2022
Yellen to travel to India, G20 summit as forum struggles with Ukraine war
By David Lawder WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen will travel to India and the Group of 20 Summit in Indonesia next week to bolster U.S.-India economic ties and to try to ove...
Nov 04, 2022
Biden to laud Democrats’ high-tech gains in visit to California’s Viasat
CARLSBAD, Calif. (Reuters) - U.S. President Joe Biden will visit communications firm Viasat Inc on Friday, days before critical midterm elections, to tout his party's push to boost domestic production...
Nov 04, 2022
EU could fall foul of global banking rules, regulators warn
FRANKFURT (Reuters) -The European Union could fall foul of global banking rules designed to stem a repeat of the global financial crisis if proposed changes that would make them looser are passed, the...
Nov 04, 2022
Japan to seek U.S. flexibility on EV purchase incentives, Kyodo reports
TOKYO (Reuters) -Japan will ask the United States to be more flexible on electric vehicle (EV) purchase incentives for non-American carmakers, Kyodo news agency reported on Friday, citing unidentified...
Nov 04, 2022
Kering shares up on report company seeks to buy Tom Ford
By Mimosa Spencer PARIS (Reuters) - Shares in Gucci-owner Kering rose in early Friday trading following a report the French luxury goods company is in advanced talks to buy U.S.-based fashion label To...
Nov 04, 2022
Bank of England must balance inflation control and recession risk-Pill
LONDON (Reuters) - Bank of England Chief Economist Huw Pill said on Friday the central bank was seeking to find a balance between returning inflation to the BoE's target 2% level and slowing down the ...
Nov 04, 2022
Italy’s Monte dei Paschi says cash call 96.3% covered
By Valentina Za MILAN (Reuters) -Investors in Monte dei Paschi di Siena have taken up 96.3% of the Italian lender's 2.5 billion euro ($2.4 billion) new share issue, leaving less than 100 million euros...
Nov 04, 2022
European shares open higher as luxury, mining stocks jump on China reopening hopes
(Reuters) - European shares opened higher on Friday, with luxury stocks and miners leading the advance on hopes that China will soon ease its strict COVID-19 curbs. The STOXX 600 rose 0.7% by 0813 GMT...
Nov 04, 2022
Peoria, IL, USA
50 °F Sunny
