Category Archives:
Explainer-How will Twitter’s board handle Elon Musk?
(Reuters) - Many investors, analysts and investment bankers expect Twitter Inc's board of directors to reject Elon Musk's $43 billion acquisition offer in the coming days as inadequate, but how would ...
Apr 18, 2022
Indian bond yields off session highs on short-covering; rupee near 1-month low
By Swati Bhat MUMBAI (Reuters) - The Indian rupee dropped on Monday to its lowest in nearly a month against the dollar, tracking losses in the stock market and weighed by sharp gains in global crude o...
Apr 18, 2022
Russia faces economic upheaval, two years to return to inflation target – Nabiullina
(Reuters) - Russia's economy cannot survive indefinitely on its financial reserves and will have to transform itself to deal with the impact of international sanctions, Central Bank Governor Elvira Na...
Apr 18, 2022
Rouble hovers near 80 vs dollar, stocks down
(Reuters) - The rouble hovered around the 80 mark against the dollar on Monday, while stock indexes inched lower as the market lacked new momentum and watched developments around what Russia calls "a ...
Apr 18, 2022
Volkswagen China says its plants in Changchun resume production
SHANGHAI (Reuters) - Volkswagen Group China said on Monday its factories in the northeastern Chinese city of Changchun, which it runs via a joint venture with China's FAW Group, have gradually resumed...
Apr 18, 2022
India’s March WPI inflation accelerates, adding pressure on retail prices
NEW DELHI (Reuters) -India's annual wholesale inflation rate accelerated to 14.55% in March, completing a year in double-digit territory as firms grapple with rising input costs and pass on higher pri...
Apr 18, 2022
Sri Lankan president expands cabinet ahead of IMF talks
By Uditha Jayasinghe and Devjyot Ghoshal COLOMBO (Reuters) - Sri Lanka's President Gotabaya Rajapaksa expanded his cabinet with 17 new ministers on Monday, but they did not include members of his fami...
Apr 18, 2022
Infowars files for bankruptcy in U.S. court
(Reuters) - Far-right wing website InfoWars has filed for voluntary Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas, according to court documents. The ...
Apr 18, 2022
Analysts see less room for China rate cuts after ‘conservative’ RRR cut
SHANGHAI (Reuters) - The smallness of a cut to the amount of money Chinese banks must hold in reserves may reflect concern by the Chinese central bank over inflation and U.S. monetary tightening, maki...
Apr 18, 2022
China’s supply chains must be stabilised, vice premier says
BEIJING (Reuters) -China's supply chains must be stabilised amid COVID-19 outbreaks, with local governments helping key companies get back to work, the official Xinhua news agency quoted Vice Premier ...
Apr 18, 2022
Peoria, IL, USA
45 °F Overcast
