Category Archives:
Oil falls on inflation concerns, anticipated stock builds
By Laura Sanicola (Reuters) - Oil prices fell slightly in early Asian trade on Wednesday, pressured by global central bank efforts to tame inflation and ahead of expected builds in U.S. crude inventor...
Jul 19, 2022
Australia’s central bank sees more rate rises, welcomes government review
By Wayne Cole SYDNEY (Reuters) - Australia's top central banker on Wednesday indicated a steady drum beat of interest rate rises were needed to stop a damaging inflationary cycle developing, and sugge...
Jul 19, 2022
GlobalFoundries CEO: New York chip factory likely delayed if U.S. subsidy bill fails
By Stephen Nellis and Jane Lanhee Lee (Reuters) - A planned semiconductor factory in upstate New York will likely be delayed if a bill to bolster the U.S. computer chip industry fails to pass in the c...
Jul 19, 2022
UK pay settlements hold at 4%, highest since 1992 – XpertHR
By David Milliken LONDON (Reuters) - British employers agreed average pay rises of 4% with their staff in the three months to the end of June, the joint-highest since 1992 but falling further behind i...
Jul 19, 2022
U.S. senator seeks passage of Big Tech antitrust bill as time runs short
WASHINGTON (Reuters) - A U.S. congressional leader on antitrust, Senator Amy Klobuchar, on Tuesday called for Congress to pass a bill to rein in Big Tech, as prospects of it becoming law seemed to be ...
Jul 19, 2022
Big UK firms gird for a recession but still plan to invest-Deloitte
LONDON (Reuters) - Major British firms are preparing for a recession by focusing on cost-cutting but their investment plans remain strong which suggests they do not fear a severe downturn, according t...
Jul 19, 2022
Half of Britons changing food-buying habits to cope with cost-of-living crunch
By James Davey LONDON (Reuters) - Almost half of Britons are changing what they buy to feed their families as they try to navigate a worsening cost-of-living crisis, according to survey data published...
Jul 19, 2022
Australia to review central bank’s monetary tools, rate forecasts
SYDNEY (Reuters) - Australia will launch a review of the Reserve Bank of Australia's (RBA) inflation target, monetary tools and board structure, Treasurer Jim Chalmers said on Wednesday, amid criticis...
Jul 19, 2022
Bitcoin rises 5.11% to $23,564.93
(Reuters) - Bitcoin rose 5.11% to $23,564.93 at 22:05 GMT on Tuesday, adding $1,145.77 to its previous close. Bitcoin, the world's biggest and best-known cryptocurrency, is up 33.9% from the year's lo...
Jul 19, 2022
Belarus officials behind hoax that grounded dissident’s flight, U.N. agency says
By David Ljunggren (Reuters) -The U.N.'s aviation agency on Tuesday for the first time blamed senior Belarus officials for a hoax last year that grounded a Ryanair Holdings PLC flight and led to the a...
Jul 19, 2022
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