Category Archives:
Revision shows mild U.S. economic contraction in second quarter
WASHINGTON (Reuters) - The U.S. economy contracted at a moderate pace than initially thought in the second quarter as consumer spending blunted some of the drag from a slower pace of inventory accumul...
Syndicated Content Aug 25, 2022
Biden to sign order on $52 billion chips law implementation
By David Shepardson WASHINGTON (Reuters) -President Joe Biden on Thursday will sign an executive order on implementation of the $52.7 billion semiconductor chips manufacturing subsidy and research law...
Syndicated Content Aug 25, 2022
Europe’s Wizz Air considering a Saudi operating license
RIYADH (Reuters) -European budget carrier Wizz Air is considering basing an airline in Saudi Arabia as part an agreement signed with the government this year to develop the kingdom's aviation sector, ...
Syndicated Content Aug 25, 2022
Fed’s George: Too soon to predict size of Sept hike
(Reuters) - Kansas City Federal Reserve President Esther George said it was too soon to predict how much the U.S. central bank would raise interest rates next month, with key reports on inflation and ...
Syndicated Content Aug 25, 2022
ECB accounts show overwhelming inflation concerns
(Reuters) - European Central Bank policymakers at their meeting last month appeared increasingly concerned that high inflation is getting entrenched and the risk was large enough to warrant a bigger-t...
Syndicated Content Aug 25, 2022
Factbox-Fertiliser-makers cut output on surging gas prices
(Reuters) - Norway's Yara, one of the world's largest fertiliser-makers, is cutting ammonia production in Europe further because of the surge in gas prices, following other manufacturers. Below are so...
Syndicated Content Aug 25, 2022
Citigroup to wind down Russian consumer operations
(Reuters) -Wall Street giant Citigroup said on Thursday it will wind down its consumer banking and local commercial banking operations in Russia and expects to incur about $170 million in charges over...
Syndicated Content Aug 25, 2022
Dollar Tree cuts profit forecast on planned price cuts at Family Dollar
(Reuters) - Dollar Tree Inc trimmed its full-year profit forecast on Thursday, blaming planned price cuts at its Family Dollar line of stores in an effort to compete with other retailers that have bee...
Syndicated Content Aug 25, 2022
Ohio teachers, school system reach agreement, potentially ending strike
(Reuters) - Teachers in the largest school system in Ohio and district officials reached an agreement early on Thursday, potentially ending a strike that began this week over appropriate class sizes a...
Syndicated Content Aug 25, 2022
U.S. lawmakers to arrive in Taiwan on Thursday – report
TAIPEI (Reuters) - A group of U.S. lawmakers will arrive in Taiwan on Thursday evening, Taiwan's official Central News Agency reported, adding that they will meet Taiwan President Tsai Ing-wen. This w...
Syndicated Content Aug 25, 2022
Peoria, IL, USA
45 °F Overcast
