Category Archives:
ECB’s Villeroy: inflation in France and Europe will peak in first half of 2023
PARIS (Reuters) - Inflation should reach its peak in France and in Europe by the first half of next year, French ECB policymaker Francois Villeroy de Galhau said on Monday. "It is out of the question ...
Nov 21, 2022
Morgan Stanley international head Petitgas to step down, stay as adviser
By Manya Saini and Saeed Azhar (Reuters) - Veteran Morgan Stanley executive Franck Petitgas will step down from his role as the bank's international head and stay on as a senior adviser in London, a m...
Nov 21, 2022
Gas prices see pre-Thanksgiving decline
PEORIA, Ill. – The price of gas is still pretty high, but going in to Thanksgiving, at least it isn’t as high as it was last week. The weekly gas price update from GasBuddy.com indicates t...
Nov 21, 2022
IMF, Guinea-Bissau agree on $36.3 million, three-year loan program
WASHINGTON (Reuters) - The International Monetary Fund said it reached a staff-level agreement with Guinea-Bissau for a three-year, $36.3 million extended credit facility to create fiscal space to sup...
Nov 21, 2022
‘Krunchy Dream’ welcomes Russian customers after Krispy Kreme exit
MOSCOW (Reuters) - Russians craving a doughnut fix can now visit 'Krunchy Dream', a string of new cafes opening where U.S. chain Krispy Kreme Inc shops once stood, as the latest imitation Western bran...
Nov 21, 2022
Hungary caps interest rates on large commercial bank deposits
BUDAPEST (Reuters) -Commercial banks in Hungary cannot pay an interest rate higher than the three-month discount bill yield on deposits by certain large institutional and private investors, the Minist...
Nov 21, 2022
Americans’ financial fragility largely unchanged in 2022, NY Fed says
By Michael S. Derby NEW YORK (Reuters) - Americans' ability to meet a large unexpected expense was little changed in the New York Federal Reserve's latest survey on credit issues, even as respondents ...
Nov 21, 2022
Cargill names 31-year company veteran Brian Sikes as new CEO
(Reuters) - Cargill Inc said on Monday Brian Sikes will takeover as the global commodities trader's new president and chief executive officer on January 1. Sikes will succeed Dave MacLennan, who has s...
Nov 21, 2022
NBA champions Golden State Warriors are sued over FTX collapse
(Reuters) - The Golden State Warriors were sued on Monday by an FTX account holder who accused the reigning National Basketball Association champions of fraudulently promoting the now-bankrupt cryptoc...
Nov 21, 2022
German industry calls for more support to diversify beyond China
BERLIN (Reuters) - One of Germany's main industry lobby groups called on Monday for more support for industry to diversify trade beyond China, as the government prepares new policies aimed at reducing...
Nov 21, 2022
Peoria, IL, USA
50 °F Partly cloudy
