Category Archives:
Analysis: From chips to ships, shortages are making inflation stick
By Dhara Ranasinghe and Sujata Rao LONDON (Reuters) - Soaring gas prices, staff shortages, a lack of ships -- price pressures globally may be picking up faster than anticipated, challenging the view t...
Syndicated Content Sep 30, 2021
Russia to raise rates further as inflation at highest since 2016: Reuters poll
By Andrey Ostroukh MOSCOW (Reuters) - Russia will need to raise interest rates further to combat stubbornly high inflation that overshot forecasts and shows little signs of slowing, a Reuters poll sho...
Syndicated Content Sep 30, 2021
Hapag-Lloyd CEO says shipping still in the thick of supply chain disruptions
FRANKFURT (Reuters) - Global container liner problems related to post-corona logistics hiccups have intensified in the third quarter and show no sign of letting up, the world's number five operator, H...
Syndicated Content Sep 30, 2021
Lordstown Motors in talks to sell Ohio plant to Foxconn -Bloomberg
DETROIT (Reuters) - Electric vehicle startup Lordstown Motors Corp is in talks to sell the northeast Ohio assembly plant it acquired from General Motors Co to Taiwan contract manufacturer Foxconn, Blo...
Syndicated Content Sep 30, 2021
New money: Central banks lay out operating manual for digital cash
By Marc Jones and Tom Wilson LONDON (Reuters) - A group of central banks sketched out a potential operating manual for digital cash on Thursday as they aim to strike a balance between keeping up with ...
Syndicated Content Sep 30, 2021
Czech central bank shocks with 75 basis-point interest rate increase
By Robert Muller and Jan Lopatka PRAGUE (Reuters) -The Czech National Bank (CNB) raised its main rate by 75 basis points on Thursday, an even heftier policy tightening than markets and analysts had ex...
Syndicated Content Sep 30, 2021
Workhorse Group announces CFO departure
(Reuters) - Electric vehicle maker Workhorse Group said on Thursday its Chief Financial Officer Steve Schrader has left the company, and that Greg Ackerson has been appointed interim CFO. (Reporting b...
Syndicated Content Sep 30, 2021
KBA orders recall of 200,000 VW T6 multivans over door-locking mechanism
FRANKFURT (Reuters) - Germany's motor vehicle authority (KBA) has ordered a recall of about 200,000 Volkswagen T6 multivans that were built between 2019 and 2021, it said on Thursday. The KBA said tha...
Syndicated Content Sep 30, 2021
German inflation accelerates at record pace in September
BERLIN (Reuters) - German inflation accelerated at a record pace in September, data showed on Thursday, underlining growing price pressures as Europe's largest economy recovers from the pandemic and i...
Syndicated Content Sep 30, 2021
U.S. weekly jobless claims rise; second quarter GDP revised higher
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits increased last week for the third straight week, which could raise concerns that the labor market was softeni...
Syndicated Content Sep 30, 2021
Peoria, IL, USA
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