Category Archives:
UniCredit considers quitting Russia as markets watch for sovereign debt payment
By Valentina Za, Carolyn Cohn and Marc Jones MILAN/LONDON (Reuters) - UniCredit is urgently reviewing its Russian business and could decide on a costly exit of the country after its invasion of Ukrain...
Mar 15, 2022
Record slump in German investor morale raises spectre of recession
BERLIN (Reuters) - German investor sentiment suffered a record slide in March due to the war in Ukraine and economic sanctions on Russia, a survey showed on Tuesday, with collapsing expectations makin...
Mar 15, 2022
Delta Air raises first-quarter revenue outlook
(Reuters) - Delta Air Lines Inc on Tuesday raised its current-quarter adjusted revenue outlook on a recovery in air travel from an Omicron-induced blip. The airline said it expects first-quarter reven...
Mar 15, 2022
Euro zone industry output flat in sluggish start to 2022
BRUSSELS (Reuters) - Euro zone industrial production was unchanged in January from December, data showed on Tuesday, indicating a sluggish start to 2022 even before any impact from Russia's invasion o...
Mar 15, 2022
Inflation surge, war cloud Fed’s interest rate trajectory
By Howard Schneider WASHINGTON (Reuters) - New economic projections from the Federal Reserve this week will show how far and how fast policymakers see interest rates rising this year, in a first test ...
Mar 15, 2022
Shenzhen lockdown will not have a big impact on iPhone production -J.P.Morgan
(Reuters) - Apple Inc's iPhone production will not take a big hit from Foxconn's suspension of operations in the Chinese city of Shenzen, which is facing fresh curbs to contain a COVID outbreak, J.P. ...
Mar 15, 2022
Ukrainian director Vasyanovych turns to camera to document war
By Anna Dabrowska LONDON (Reuters) - Since Russia launched its invasion of his country, Ukrainian director Valentyn Vasyanovych has turned to what he knows best to join the war effort - his camera. To...
Mar 15, 2022
Lloyds CEO shakes up bank after strategy launch, some executives to exit
LONDON (Reuters) -Lloyds Banking Group Chief Executive Charlie Nunn has begun a shake-up of the lender's top team and internal structure, as he looks to drive through a new strategy unveiled last mont...
Mar 15, 2022
First-time U.S. home buyers feeling ‘defeated’ by soaring prices, rising rates
By Jonnelle Marte (Reuters) - Brianna Lombardozzi finally has her finances to a point where she might be able to buy a house. But she isn't feeling great about her odds. Lombardozzi, 37, used her fede...
Mar 15, 2022
Volkswagen prioritises China, U.S. amid Europe instability
BERLIN (Reuters) - Volkswagen is shifting production to China and the United states as a result of the war in Ukraine and will prioritise China this year, its Chief Executive Herbert Diess said in a p...
Mar 15, 2022
Peoria, IL, USA
57 °F Clear
