Category Archives:
COVID cases down in Americas but Omicron subvariants driving new infections -PAHO
By Steven Grattan (Reuters) -The Pan American Health Organization (PAHO) on Wednesday warned of the growing number of COVID-19 cases caused by the highly infectious BA.4 and BA.5 Omicron subvariants o...
Syndicated Content Jul 13, 2022
U.S. House Democrat says agreement coming on semiconductor bill
WASHINGTON (Reuters) - U.S. House Democratic Caucus chair Hakeem Jeffries said on Wednesday "significant progress" had been made on a proposed bill to boost production of semiconductor chips and he be...
Syndicated Content Jul 13, 2022
Analysis-Euro is at parity; its fate is now with energy markets
By Dhara Ranasinghe and Sujata Rao LONDON (Reuters) - The euro's tumble below $1 for the first time in two decades puts it on course for one of the worst years in its history, especially if the energy...
Syndicated Content Jul 13, 2022
Dt Telekom to sell tower business to North American consortium – Handelsblatt
BERLIN (Reuters) - Deutsche Telekom aims to decide on the sale of its tower business on Wednesday, and a surprise bid by a consortium of Canada's Brookfield and private equity group Digital Bridge is ...
Syndicated Content Jul 13, 2022
Brazil’s biggest individual investor remains a buyer amid political uncertainty
By Paula Arend Laier SAO PAULO (Reuters) - One of Brazil's most successful individual investors, Luiz Barsi, said he is continuing to buy shares in its companies even as uncertainties loom ahead of Oc...
Syndicated Content Jul 13, 2022
Russia’s M.Video-Eldorado to more than halve 2022 investment programme -CFO
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) - Russian consumer electronics retailer M.Video-Eldorado will more tha...
Syndicated Content Jul 13, 2022
Mercedes-Benz to start assembly of electric bus in Brazil as demand grows
SAO PAULO (Reuters) - German automaker Mercedes-Benz Group AG is set to start the assembly of its first electric bus in Brazil between November and December, an executive said on Wednesday. The compan...
Syndicated Content Jul 13, 2022
Bank of Canada surprises with 100bp interest rate hike
TORONTO (Reuters) - The Bank of Canada surprised on Wednesday with a full-percentage-point increase to its policy rate, a super-sized hike last seen in 1998, citing "higher and more persistent" inflat...
Syndicated Content Jul 13, 2022
Bank of Canada rate hikes and policy moves
OTTAWA (Reuters) - The Bank of Canada hiked its policy rate to 2.5% on Wednesday from 1.5%, a surprise 100-basis-point move and its largest increase since August 1998. Here is a timeline of policy mov...
Syndicated Content Jul 13, 2022
Bank of Canada says recent inflation forecast errors due mainly to global shocks
OTTAWA, July 13 (Reuters)- The Bank of Canada on Wednesday said its consistent underestimation of inflation since the spring of last year has been mostly due to global shocks that drove up commodity a...
Syndicated Content Jul 13, 2022
Peoria, IL, USA
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