Category Archives:
Oil rally hits Omicron demand roadblock as glut worries rise- Reuters poll
By Ashitha Shivaprasad (Reuters) - Oil analysts have lowered their price forecasts for 2022 as the Omicron coronavirus variant poses headwinds to recovering fuel demand and risks a supply glut as prod...
Dec 31, 2021
Some cautious, many fed up, Americans prepare to ring in the New Year
By Brad Brooks (Reuters) - Dana Fenner's hands were full of New Year's Eve hats and horns as she perused an aisle at a Party City store in Texas, not hesitating for a second when asked about her hopes...
Dec 31, 2021
Singapore economy sees steady recovery and need to raise tax – PM
SINGAPORE (Reuters) - Singapore's economy is recovering steadily and the government sees a need to "start moving" on raising sales tax, its prime minister said on Friday. Singapore's sales tax, known ...
Dec 31, 2021
Cash-strapped China Evergrande revises payment plan for wealth unit investors
By Xie Yu HONG KONG (Reuters) - China Evergrande Group on Friday dialled back plans to repay investors in its wealth management products, in a move that highlights the deepening liquidity squeeze at t...
Dec 31, 2021
Erdogan calls on Turks to keep all savings in lira
ISTANBUL (Reuters) -President Tayyip Erdogan said on Friday that Turks should keep all their savings in lira and that recent exchange rate volatility was largely under control after the lira weakened ...
Dec 31, 2021
Stocks to see in New Year near record highs after banner 2021
By Tommy Wilkes LONDON (Reuters) - Stock markets dipped on Friday in thin trading but were set to see in the New Year with double-digit gains for 2021 while oil prices hovered near $80 a barrel follow...
Dec 31, 2021
China to cut new energy vehicle subsidies by 30% in 2022
BEIJING (Reuters) - China will cut its subsidies on new energy vehicles (NEV), such as electric cars, by 30% next year, the Finance Ministry said on Friday. In a notice published on its website, the M...
Dec 31, 2021
Tesla recalls some model 3 and model S vehicles in China
BEIJING (Reuters) - China's market regulator said on Friday that Tesla Inc will recall 19,697 imported model S vehicles, 35,836 imported model 3s, and 144,208 China-made model 3 vehicles in China. Tes...
Dec 31, 2021
China’s graft agency warns Walmart and Sam’s Club over alleged removal of Xinjiang products
BEIJING (Reuters) - China's graft enforcement agency has warned Walmart Inc and its membership chain Sam's Club over its alleged removal of Xinjiang products on Friday. "Walmart must respect China's s...
Dec 31, 2021
Swiss National Bank takes gas off forex purchases during Q3
ZURICH (Reuters) - The Swiss National Bank spent 2.79 billion Swiss francs ($3.05 billion) on foreign currencies during the third quarter, according to data from the central bank on Friday, showing it...
Dec 31, 2021
Peoria, IL, USA
69 °F Sunny
