Category Archives:
Biden to tout IBM’s $20 billion investment in New York over next decade
By David Shepardson and Nandita Bose WASHINGTON (Reuters) - President Biden on Thursday will tout IBM Corp's plans to invest $20 billion in New York over the next decade in development and manufacturi...
Oct 06, 2022
UK business inflation expectations rise in September – BoE
LONDON (Reuters) -British businesses' expectations for consumer price inflation in one year's time rose to 9.5% last month, up from 8.4% in August, a Bank of England survey showed on Thursday. The BoE...
Oct 06, 2022
Barclays bolsters financial institutions group with new EMEA co-head
By Pamela Barbaglia LONDON (Reuters) - Barclays has promoted Luca Maiorana to lead its financial institutions group (FIG) across Europe, the Middle East and Africa as part of its efforts to deepen its...
Oct 06, 2022
UK construction returns to growth, but maybe not for long – PMI
LONDON (Reuters) - Activity among British construction companies improved unexpectedly last month, although the outlook darkened as growth in new orders dried up, a survey showed on Thursday. The S&P ...
Oct 06, 2022
Taiwan Sept inflation rate edges up slightly, but still below 3%
TAIPEI (Reuters) -Taiwan's inflation heated up in September, with the consumer price index (CPI) rising 2.75% from a year earlier, broadly in line with economists' predictions though also below 3% for...
Oct 06, 2022
Honda says it will cut car output at two plants in October
TOKYO (Reuters) - Honda Motor Co said on Thursday it would reduce car output by about 40% at its Saitama plant and by about 20% at its Suzuka plant in October from its earlier planned output. (Reporti...
Oct 06, 2022
Rio Tinto sources Voltalia solar power for South Africa mine
JOHANNESBURG (Reuters) - Rio Tinto's South Africa unit will source solar power from a plant built by France's Voltalia, the mining firm said on Thursday, the latest to seek alternative electricity sup...
Oct 06, 2022
Volkswagen plans over 1 billion euro investment in software JV in China – sources
BERLIN (Reuters) - Volkswagen is planning a significant investment in a joint venture in China for software production, sources with knowledge of the matter said on Thursday. An official announcement ...
Oct 06, 2022
Euro zone yields edge higher, ECB minutes in focus
By Samuel Indyk LONDON (Reuters) - Euro zone government bond yields edged back towards September's multi-year highs on Thursday as investors await the minutes from the European Central Bank's Septembe...
Oct 06, 2022
Australia’s Magellan says $1 billion outflow due to client liquidity issue
SYDNEY (Reuters) - Australian fund manager Magellan Financial Group said a big client had redeemed about $1 billion in September to satisfy liquidity requirements as markets reeled late in the month, ...
Oct 06, 2022
Peoria, IL, USA
78 °F Sunny
