Category Archives:
Russia working on financial stability as Kremlin decries ‘unacceptable’ inflation
MOSCOW (Reuters) - The Kremlin on Wednesday lamented Russia's inflation level of over 8% and said steps were being taken to bring it back to target, with authorities focused on maintaining economic st...
Jan 19, 2022
Less politics, more love as Berlin film festival returns to live screenings
By Thomas Escritt BERLIN (Reuters) - The theme of love dominates the main competition entries at this year's Berlin Film Festival, in a shift away from hard-hitting, political dramas the annual cinema...
Jan 19, 2022
U.S. allocates $14 billion to expand ports, shore up waterways
WASHINGTON (Reuters) - The Biden administration on Wednesday said it will fund $14 billion in projects to improve the country's ports and waterways in an effort to increase climate resilience, improve...
Jan 19, 2022
China ready to offer digital yuan payment services to Olympics visitors
SHANGHAI (Reuters) - China is ready to provide digital yuan payment services to the Beijing Winter Olympics visitors, the country's central bank said on Wednesday. The world's second largest economy i...
Jan 19, 2022
Retail investors show signs of fatigue after last year’s trading frenzy – report
(Reuters) - Retail investors were less enthusiastic about buying the dip in U.S. stocks on Tuesday, the latest sign of a possible fatigue after last year's tech-fueled trading frenzy, Vanda Research a...
Jan 19, 2022
Canada’s annual inflation rate hits 4.8% in Dec to three-decade high
TORONTO (Reuters) - Canada's annual inflation rate accelerated to 4.8% in December, the highest since September 1991, Statistics Canada said on Wednesday. Analysts polled by Reuters had expected the a...
Jan 19, 2022
Toronto-based 1Password raises $620 million, valued at $6.8 billion
By Jane Lanhee Lee (Reuters) - Toronto-based cyber security startup 1Password on Wednesday said it raised $650 million in its latest round of funding led by ICONIQ Growth and is now valued at $6.8 bil...
Jan 19, 2022
University of Michigan agrees to $490 million sexual abuse settlement -AP
(Reuters) - The University of Michigan has reached a $490 million settlement over sexual assault allegations against former sports doctor Robert Anderson, the Associated Press reported on Wednesday. (...
Jan 19, 2022
Canadian inflation hits 30-year high at 4.8% in December
OTTAWA (Reuters) -Canada's annual inflation rate accelerated again in December to hit a 30-year high, led by higher prices for food, vehicles and shelter, data showed on Wednesday. Inflation rose to 4...
Jan 19, 2022
BetMGM to turn a profit next year
(Reuters) - BetMGM is expected to turn a profit next year, while revenue in 2022 is likely to exceed a previous forecast as the U.S. sports-betting joint venture between MGM Resorts and Entain expands...
Jan 19, 2022
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