Category Archives:
Ukraine’s banking sector increases losses as war rages
KYIV (Reuters) - Ukraine's banking system posted a net loss of 7.4 billion hryvnias ($253 million) in January-April, a rise from 0.16 billion hryvnias in January-March, as Russia pressed on with its m...
Syndicated Content May 24, 2022
Explainer-Indonesia’s stop-start controls on palm oil exports
By Bernadette Christina and Fransiska Nangoy (Reuters) - Indonesian President Joko Widodo has agreed to allow palm oil exports to resume after a three-week ban, though it is unclear how rapidly shipme...
Syndicated Content May 24, 2022
U.S. motorists overlook high gas prices, plan to hit road for Memorial Day
By Stephanie Kelly and Arathy Somasekhar NEW YORK (Reuters) - U.S. Memorial Day weekend travel is expected to be the busiest in two years as more American drivers hit the road and shake off coronaviru...
Syndicated Content May 24, 2022
Explainer: A judge ruled the U.S. must keep expelling asylum seekers. What happens now?
By Ted Hesson WASHINGTON (Reuters) - The administration of U.S. President Joe Biden said it would appeal the decision of a Louisiana judge that upended its plans to end a COVID-era health order blocki...
Syndicated Content May 24, 2022
Abortion injects urgency into Democratic Cuellar-Cisneros rematch in Texas
By Moira Warburton WASHINGTON (Reuters) - Centrist U.S. Representative Henry Cuellar seeks to hold off progressive challenger Jessica Cisneros on Tuesday in a high-profile south Texas Democratic prima...
Syndicated Content May 24, 2022
L’Oreal CEO says no inflation impact so far on beauty product consumption
DAVOS, Switzerland (Reuters) - French cosmetics group L'Oreal is not so far seeing any impact from inflation on purchases of beauty products, its chief executive told Reuters on Tuesday. "So far we se...
Syndicated Content May 24, 2022
Billionaire Styers backs climate tech firm Regrow Ag
By Simon Jessop and Karl Plume LONDON/CHICAGO (Reuters) - Billionaire Tom Styers and investment partner Katie Hall have led the latest funding round for technology start-up Regrow Ag, which aims to he...
Syndicated Content May 24, 2022
Texas AG Paxton squares off against Bush in Republican run-off
By Brad Brooks LUBBOCK, Texas (Reuters) - Texas Attorney General Ken Paxton is expected to fend off a challenge on Tuesday from fellow Republican George P. Bush in a primary run-off election that has ...
Syndicated Content May 24, 2022
Bank of England tells banks to take climate action now or face slashed profits
By Huw Jones and Andy Bruce LONDON (Reuters) - Banks and insurers which fail to properly manage climate risks could face a 10% to 15% hit to annual profits and higher capital requirements, the Bank of...
Syndicated Content May 24, 2022
Tide is turning as Canada’s banks brace for a Q2 earnings downdraft
By Nichola Saminather TORONTO (Reuters) - Canada's top six banks are expected to post an average 12% drop in second-quarter earnings from the previous three months as increased expenses and loan-loss ...
Syndicated Content May 24, 2022
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