Category Archives:
Analysis-Rise and fall: economists and BoE split on pace of inflation drop
By David Milliken LONDON (Reuters) - British inflation is on track to peak at a 30-year high of over 7% in April but differences in forecasts for energy prices and wages mean private-sector economists...
Feb 15, 2022
Canadian home prices hit fresh record in January- CREA
OTTAWA (Reuters) - Canadian home prices rose 4.9% in January from December to reach a fresh high, as sales inched up 1% on the month, data from the Canadian Real Estate Association showed on Tuesday. ...
Feb 15, 2022
Sachem Head seeks control of US Foods’ board, nominates 7 directors
BOSTON (Reuters) - Investment firm Sachem Head Capital Management is trying to take control of US Foods Holding Corp's board and has nominated seven directors, arguing the food distributor has been la...
Feb 15, 2022
Branson’s Virgin Galactic re-opens ticket sales for spaceflight, shares soar
(Reuters) - Billionaire Richard Branson's Virgin Galactic Holdings Inc said on Tuesday it is re-opening ticket sales for upcoming space travel to the general public from Feb. 16, driving its shares mo...
Feb 15, 2022
U.S. producer prices surge in January
WASHINGTON (Reuters) - U.S. producer prices increased more than expected in January as supply chains remained snarled, another sign that high inflation could persist through much of this year. The pro...
Feb 15, 2022
ProSieben seeks talks with MFE over board appointments -sources
BERLIN (Reuters) - German broadcaster ProSiebenSat.1 hopes to hold talks in the coming weeks with its biggest shareholder, Italy's MFE-Mediaforeurope, to try to resolve a dispute over management chang...
Feb 15, 2022
Russian court rejects Facebook owner Meta’s appeal over $26 million fine
MOSCOW (Reuters) - A Russian court on Tuesday rejected an appeal by Facebook owner Meta Platforms, saying the company had 60 days to pay a 2 billion rouble ($26 million) fine over its failure to delet...
Feb 15, 2022
Private debts pose hidden risk to developing countries, World Bank warns
By Andrea Shalal WASHINGTON (Reuters) - Developing countries must quickly strengthen their financial sectors, the World Bank said on Tuesday, warning that risks were rising along with inflation, inter...
Feb 15, 2022
U.S. Fed should act soon and decisively to raise rates -World Bank’s Reinhart
By Andrea Shalal WASHINGTON (Reuters) - The U.S. Federal Reserve should tighten monetary policy soon and decisively to head off what could become "quite persistent" inflation, World Bank Chief Economi...
Feb 15, 2022
Trade Desk to counter Google’s ad grip with tool for publishers
By Paresh Dave (Reuters) - Ad-buying software maker Trade Desk Inc said on Tuesday that it will offer tools to online publishers for the first time in an attempt to help them reduce reliance on global...
Feb 15, 2022
Peoria, IL, USA
53 °F Sunny
