Category Archives:
U.S. existing home sales fall for 10th straight month in November
WASHINGTON (Reuters) - U.S. existing home sales slumped to a 2-1/2 year low in November as the housing market continued to be squeezed by higher mortgage rates. Existing home sales plunged 7.7% to a s...
Dec 21, 2022
Canada’s inflation eases a notch, leaves door open for another rate hike
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) - Canada's annual inflation rate eased to 6.8% in November as gasoline price rose more slowly, data showed on Wednesday, leaving the door open for a...
Dec 21, 2022
U.S. couple detained in Uganda gets fresh charge that carries death penalty
KAMPALA (Reuters) - A U.S. couple detained in Uganda on charges of aggravated torture of a 10-year-old boy face an additional charge of aggravated child trafficking which carries the death penalty if ...
Dec 21, 2022
U.S. current account deficit shrinks in third quarter
WASHINGTON (Reuters) - The U.S. current account deficit narrowed sharply in the third quarter as exports jumped to a record high, data showed on Wednesday. The Commerce Department said that the curren...
Dec 21, 2022
In hangover of World Cup fiesta, Argentina’s economic reality bites
By Rodrigo Campos and Belen Liotti NEW YORK/BUENOS AIRES (Reuters) - Gregorina Victorica, 86, a retiree in Buenos Aires has been cheering Argentina's victory in the soccer World Cup, which has lifted ...
Dec 21, 2022
U.S. new vehicle sales to fall in December as high prices deter buyers – report
(Reuters) - U.S. total new vehicle retail sales are expected to decline in December as high vehicle prices and rising borrowing costs pushed consumers to cut back spending, a report from industry cons...
Dec 21, 2022
Off-budget spending stirs doubts about Poland’s finances
By Anna Koper, Pawel Florkiewicz and Gergely Szakacs WARSAW (Reuters) - As Poland heads for an election year grappling with stagflation, government moves to shift large chunks of its spending off-budg...
Dec 21, 2022
Theater chain AMC says no longer in talks to acquire Cineworld
(Reuters) - Cinema chain AMC Entertainment Holdings said on Wednesday it was no longer in talks to acquire bankrupt Cineworld Group after initial talks with certain lenders. (Reporting by Chavi Mehta ...
Dec 21, 2022
Aircraft lessor SMBC completes $6.7 billion purchase of rival Goshawk
DUBLIN (Reuters) - SMBC Aviation Capital has completed its purchase of smaller rival Goshawk Aviation in a deal that creates the world's second largest aircraft lessor by number of aircraft, SMBC said...
Dec 21, 2022
BMW to make Solid Power’s battery cells under expanded agreement
(Reuters) - Solid Power Inc said on Wednesday it will offer some intellectual property rights related to its solid-state batteries to BMW and allow production of the battery cells at the automaker's f...
Dec 21, 2022
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