Category Archives:
World Bank chafes at lower capital requirements recommended in G20 report – sources
By Andrea Shalal and Stefanno Sulaiman NUSA DUA, Indonesia (Reuters) - The World Bank is seeking to block release of a report prepared for the Group of 20 major economies that calls for lowering the b...
Jul 15, 2022
China will agree to $4 billion aid ‘at some point’ – Bloomberg News
(Reuters) - Sri Lanka is continuing negotiations with China for as much as $4 billion in aid and is confident Beijing will agree "at some point," Bloomberg News reported on Friday, citing Sri Lanka's ...
Jul 15, 2022
EU to adopt on Friday new Russia sanctions, legal tweaks to avert food shortages – sources
BRUSSELS (Reuters) - The European Commission is set to adopt on Friday its seventh package of sanctions against Russia, which will add a ban to the import of Russian gold and tweak existing restrictiv...
Jul 15, 2022
Toyota revamps Crown range, with new models including SUV to be sold outside Japan
MAKUHARI, Japan (Reuters) - Toyota Motor Corp unveiled four new models of its Crown range on Friday, including a sport-utility vehicle (SUV) for the first time, seeking to reboot the 67-year-old brand...
Jul 15, 2022
Yellen says G20 must act to address short-term food insecurity crisis
NUSA DUA, Indonesia (Reuters) - U.S. Treasury Secretary Janet Yellen on Friday urged Group of 20 major economies to take urgent action to address a short-term food insecurity crisis exacerbated by Rus...
Jul 15, 2022
Griner’s lawyers tell Russian court she was prescribed medical cannabis
KHIMKI, Russia (Reuters) -Lawyers defending U.S. basketball player Brittney Griner told a Russian court on Friday she was prescribed medical cannabis in the United States for a chronic injury, a Reute...
Jul 15, 2022
Burberry says U.S. demand for sneakers and slides fades
LONDON (Reuters) - British luxury brand Burberry said a drop in demand for footwear such as sneakers and slides drove a 4% fall in first-quarter like-for-like sales in the Americas. "We've had very st...
Jul 15, 2022
Take Five: A world of pain, about to get worse
(Reuters) - The European Central Bank is late to the rate-hike party but at least it's on its way, unlike the Bank of Japan. But both banks will find their plans for tackling the inflation versus grow...
Jul 15, 2022
SAS and unions to resume talks as pilot strike enters 12th day
STOCKHOLM (Reuters) - Talks between airline SAS and pilot unions are due to resume on Friday as the parties seek a deal to end a strike that the carrier says is threatening its existence. A majority o...
Jul 15, 2022
Tonic maker Fevertree cuts profit forecast as cost pressures increase
(Reuters) - Tonic maker Fevertree lowered its annual profit forecast on Friday, signalling a hit from cost pressures and logistical issues. The company now expects full-year operating profit to be in ...
Jul 15, 2022
Peoria, IL, USA
51 °F Light Rain
