Category Archives:
Analysis: Colgate, Tide maker P&G rejig price tactics to keep cash-strapped shoppers
By Jessica DiNapoli NEW YORK (Reuters) - The makers of everyday staples such as Colgate toothpaste and Charmin toilet paper are readying new strategies to keep cash-strapped consumers buying pricier p...
Jul 25, 2022
Fed’s united front on interest rates may soon be tested
By Howard Schneider and Ann Saphir WASHINGTON/SAN FRANCISCO (Reuters) - Federal Reserve officials are likely to hit a key milestone this week with an interest rate hike that effectively ends pandemic-...
Jul 25, 2022
Harley profit outlook at risk after production shutdown
By Bianca Flowers (Reuters) - Harley Davidson Inc's two-week production shutdown beginning May 19 that expanded the motorcycle maker's order backlog has increased the likelihood of the manufacturer re...
Jul 25, 2022
Foxconn operating normally in China’s Shenzhen
TAIPEI (Reuters) - Electronics maker Foxconn said on Monday operation was normal at its campus in China's manufacturing hub of Shenzhen and that the company will follow government guidelines to ensure...
Jul 25, 2022
Intel to produce Taiwanese company MediaTek’s chips
By Jane Lanhee Lee and Stephen Nellis OAKLAND, Calif (Reuters) - U.S. chipmaker Intel Corp said on Monday it will produce chips for Taiwan's MediaTek Inc, one of the world's largest chip design firms....
Jul 25, 2022
China puts iPhone maker, CNOOC into Shenzhen ‘closed loop’ to battle COVID- Bloomberg News
(Reuters) - The Chinese government has ordered some of its biggest companies, including iPhone maker Foxconn and oil producer CNOOC Ltd, to operate within a "closed loop" restricted system for seven d...
Jul 25, 2022
EU countries rewrite plan to cut gas demand, seek carve-outs
By Kate Abnett BRUSSELS (Reuters) - European Union countries are seeking to soften the bloc's plan to require them to use less gas as Europe prepares for a winter of uncertain supplies from its main g...
Jul 25, 2022
Global gasoline cracks collapse, blow to refiners’ profits
By Mohi Narayan, Laura Sanicola and Shadia Nasralla (Reuters) - A sudden crash in global gasoline prices in the past two weeks has dented refiners' profits, pushing up inventories in key trading hubs ...
Jul 25, 2022
Italy preparing stimulus package worth up to $13.3 billion – Treasury official
ROME (Reuters) - Italy is preparing a new stimulus decree worth up to 13 billion euros ($13.3 billion) to help families and firms deal with a surge in electricity, gas and petrol costs, deputy Economy...
Jul 25, 2022
BOJ new board member says exit from easy policy will become focus if wages rise
TOKYO (Reuters) - The Bank of Japan's new board member Naoki Tamura said on Monday an exit from the central bank's ultra-easy monetary policy will become a focus of discussion once wages begin to rise...
Jul 25, 2022
Peoria, IL, USA
53 °F Sunny
