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ECB’s Holzmann wants key rate at zero by year end – BZ
FRANKFURT (Reuters) - The European Central Bank should raise its key interest rate to zero by year-end or it will risk having to raise it even more abruptly next year to bring down inflation, ECB poli...
Syndicated Content Mar 29, 2022
Exclusive-Tesla supplier Aptiv stops some production in Shanghai over COVID issues – sources
SHANGHAI (Reuters) - Auto parts maker Aptiv on Tuesday sent home workers at a Shanghai production facility that supplies Tesla and a General Motors (GM) joint venture, citing COVID issues, sources fam...
Syndicated Content Mar 29, 2022
Analysis-Colombia presidential candidate Petro’s oil, pension proposals give investors pause
By Nelson Bocanegra BOGOTA (Reuters) - Leftist Colombia presidential candidate Gustavo Petro's promises to halt new oil projects and redistribute pension funds could put the country's economic stabili...
Syndicated Content Mar 29, 2022
Russia’s gas supply to Europe at risk as rouble deadline nears
By Christoph Steitz and Nina Chestney FRANKFURT/LONDON (Reuters) -Russia said it would work out practical arrangements by Thursday for foreign companies to pay for its gas in roubles, raising the prob...
Syndicated Content Mar 29, 2022
Spain fines Deutsche Bank $3.3 million for mis-selling bank products
FRANKFURT/MADRID (Reuters) - The Spanish supervisor has fined Deutsche Bank 3 million euros ($3.32 million) after applying significantly higher spreads on clients' repurchase of structured bonds issue...
Syndicated Content Mar 29, 2022
U.S. Senate to vote Tuesday to advance Cook’s Fed nomination
By David Morgan WASHINGTON (Reuters) - The U.S. Senate on Tuesday is set to vote to bring President Joe Biden's nomination of economist Lisa Cook to the Federal Reserve Board of Governors to the chamb...
Syndicated Content Mar 29, 2022
APRIL Group invests $2.3 billion in paperboard factory in Indonesia’s Sumatra
(Corrects investment figure in headline from $1.2 bln to $2.3 bln) JAKARTA (Reuters) - Pulp and paper maker Asia Pacific Resources International Ltd (APRIL Group) on Tuesday began construction on a 33...
Syndicated Content Mar 29, 2022
Brazil govt says country created 328.5k net formal jobs in February
BRASILIA (Reuters) - Brazil opened a net 328,507 formal jobs in February, Labor Ministry figures showed on Tuesday, well above the expectation of 210,000 jobs created in the month, according to a Reut...
Syndicated Content Mar 29, 2022
Czech central bank seen raising rates to highest since 2001: Reuters poll
PRAGUE (Reuters) - The Czech National Bank is set to raise its main rate by 50 basis points to 5.00% on March 31, a Reuters poll showed on Tuesday, which would be the highest since 2001 as policymaker...
Syndicated Content Mar 29, 2022
Vietnam arrests chairman of FLC, Bamboo Airways over market manipulation
HANOI, Mar 29 (Reuters) - Vietnamese police on Tuesday arrested the chairman of one of the country's largest private groups on accusations of manipulating the stock market, the Ministry of Public Secu...
Syndicated Content Mar 29, 2022
Peoria, IL, USA
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