Category Archives:
German economy heading for contraction in Q1, Bundesbank says
FRANKFURT (Reuters) - Germany's economy will shrink again in the first quarter of the year and underlying inflation could prove to be stubborn even if overall price growth is likely to slow sharply so...
Mar 20, 2023
Banks borrow only token amounts via Fed’s dollar swap facility
FRANKFURT (Reuters) - Global banks borrowed only token amounts on Monday via an enhanced, seven-day dollar swap unveiled by the U.S. Federal Reserve late on Sunday to ease funding stress in global mar...
Mar 20, 2023
European supervisors say shares should be wiped out before bonds
FRANKFURT (Reuters) - European supervisors tried to stop a rout in the market for convertible bank bonds on Monday, saying owners of this type of debt would only suffer losses after shareholders have ...
Mar 20, 2023
Euro zone trade deficit flat in Jan despite increased energy import spend
BRUSSELS (Reuters) - The euro zone trade deficit was little changed in January from a year earlier, with sharply higher cost of energy imports outweighing a pick-up of manufactured goods exports, data...
Mar 20, 2023
First Republic shares fall as private placement report stirs fresh liquidity fears
(Reuters) - Shares of First Republic Bank slumped 16% on Monday, leading losses among U.S. lenders in premarket trading, after a report the regional bank could raise more money fanned worries about it...
Mar 20, 2023
Baidu’s Ernie writes poems but says it has insufficient information on Xi, tests show
By Eduardo Baptista BEIJING (Reuters) - Baidu's Ernie bot can within seconds generate pictures of flowers and write Tang dynasty-style poems but will decline questions about Chinese President Xi Jinpi...
Mar 20, 2023
Rising airline emissions could trigger global caps as early as 2024 -trade group
By Allison Lampert and Rajesh Kumar Singh (Reuters) - Rising airline traffic is expected to trigger global emissions-related requirements as early as next year according to a top airline trade group e...
Mar 20, 2023
Marketmind: Fed halt being priced as bank blaze smoulders
A look at the day ahead in U.S. and global markets from Mike Dolan Another weekend of financial firefighting has doused the whole interest rate horizon as the banking blaze smoulders. Central banks fa...
Mar 20, 2023
Did SVB break the Fed? Officials mull risks of more rate increases
By Howard Schneider WASHINGTON (Reuters) - At an early January meeting of the Virginia Bankers Association, executives were already nervous that Federal Reserve interest rate increases were making it ...
Mar 20, 2023
Peoria crash sends four people to the hospital
PEORIA, Ill. — Peoria crews responded to a two-vehicle accident with entrapment just after 6 p.m. Sunday in the area of N. Orange Prairie Road and W. Flagstone Drive. Crews used hydraulic cutter...
Mar 20, 2023
Peoria, IL, USA
45 °F Overcast
