Category Archives:
S&P Global affirms U.S. rating at ‘AA+/A-1+’
(Reuters) - S&P Global on Tuesday reaffirmed its sovereign rating for the United States at 'AA+/A-1+', the second highest rating by the agency even as the country battles inflationary pressures. The c...
Mar 08, 2022
Chinese firms that aid Russia may be cut off from U.S. equipment -commerce secretary
(Reuters) -Chinese companies that defy U.S. restrictions against exporting to Russia may be cut off from American equipment and software they need to make their products, U.S. Commerce Secretary Gina ...
Mar 08, 2022
Ferragamo to revamp product offer, won’t give guidance for 2022
By Claudia Cristoferi MILAN (Reuters) - The new boss of Salvatore Ferragamo aims to boost sales by revitalising its product offer, though the Italian luxury group said the war in Ukraine and the linge...
Mar 08, 2022
China’s Feb PPI +8.8% y/y, CPI +0.9% y/y
BEIJING (Reuters) - China's producer prices in February rose at the slowest annual pace since June, official data showed on Wednesday, amid skyrocketing commodity prices, an uncertain global economy a...
Mar 08, 2022
Unloved euro catches a breath ahead of ECB
By Tom Westbrook SINGAPORE (Reuters) - The euro took a breather on Wednesday ahead of this week's central bank meeting, while commodity currencies eased from recent peaks as investors reckoned war-dri...
Mar 08, 2022
Rare Steve Jobs items hit the auction block
By Alicia Powell NEW YORK (Reuters) - Items from the birth of Apple, home computing and video gaming are up for grabs at an auction, which will conclude on March 17. The top lot from "The Steve Jobs R...
Mar 08, 2022
Japan downgrades Q4 GDP on weaker consumer, business spending
TOKYO (Reuters) - Japan's strong economic growth in the final quarter of 2021 was downgraded in a revised estimate on Wednesday, while pressures from record COVID-19 infections and rising energy costs...
Mar 08, 2022
Another platinum glut forecast for 2022 after huge surplus last year
By Peter Hobson LONDON (Reuters) - The global platinum market was hugely oversupplied in 2021, the World Platinum Investment Council (WPIC) said on Wednesday as it predicted another large surplus of t...
Mar 08, 2022
Credit Suisse faces investor call to cut lending for fossil fuels
By Simon Jessop and Brenna Hughes Neghaiwi LONDON/ZURICH (Reuters) - Investors managing $2.4 trillion are calling on Credit Suisse to take tougher climate action, including cutting its exposure to fos...
Mar 08, 2022
Sovereign wealth funds likely to shun Russia, researcher says
By Rachel Savage LONDON (Reuters) - Middle Eastern and Chinese sovereign wealth funds are likely to avoid new deals in Russia for now after its invasion of Ukraine, said the author of a report publish...
Mar 08, 2022
Peoria, IL, USA
48 °F Sunny
