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BIS backs “forceful” rate hikes despite rising recession risk
By Marc Jones LONDON (Reuters) - The world's central bank umbrella body, the Bank for International Settlements (BIS), has urged major economies to forge ahead with forceful interest rate hikes despit...
Syndicated Content Sep 19, 2022
Bread prices jump by nearly a fifth in EU, Eurostat says as war in Ukraine weighs
(Reuters) - The price of bread rose by almost a fifth in the European Union in August as Russia's invasion of Ukraine, both major exporters of grains and fertilisers, continued to disrupt global marke...
Syndicated Content Sep 19, 2022
Tesla’s German battery plant and land extension on track – mayor
BERLIN (Reuters) - Tesla has confirmed to the mayor of Gruenheide that its plans to operate the battery plant currently under construction in Germany are unchanged, mayor Arne Cristiani told Reuters o...
Syndicated Content Sep 19, 2022
TIM, Vivo, Claro seek $606 million Brazil Oi deal haircut
SAO PAULO (Reuters) -TIM SA, Telefonica Brasil and Claro have asked that the price of their deal to buy rival telecom Oi SA's mobile operations in Brazil be lowered by 3.2 billion reais ($605.05 milli...
Syndicated Content Sep 19, 2022
Exclusive-India’s top lender asks exporters to trade with Bangladesh in rupee, taka
By Nidhi Verma and Nupur Anand New Delhi (Reuters) - Top lender State Bank of India has asked exporters to avoid settling deals with Bangladesh in the dollar and other major currencies as it looks to ...
Syndicated Content Sep 19, 2022

Biden says ‘the pandemic is over’ even as death toll, costs mount
WASHINGTON (Reuters) – U.S. President Joe Biden said in an interview aired on Sunday that “the pandemic is over,” even though the country continues to grapple with coronavirus infect...
Julia Bradley Sep 19, 2022
Mercedes-Benz to build wind farm in northwestern Germany, examining solar options
BERLIN (Reuters) - Mercedes-Benz is planning to build a wind farm in the northwestern German state of Lower Saxony, by 2025 that is able to produce a hundred megawatts of electricity, equivalent to ov...
Syndicated Content Sep 19, 2022
Norway to hike rates by 50 basis points this week – Reuters poll
OSLO (Reuters) - Norway's central bank is expected to raise its benchmark interest rate again this week and signal a continued rise in the cost of borrowing in the fourth quarter to combat inflation, ...
Syndicated Content Sep 19, 2022
10-year Treasury yield rises to highest since 2011
(Reuters) - Benchmark 10-year U.S. Treasury yields rose to their highest in over 11 years on Monday as investors braced for the Federal Reserve's policy decision on Wednesday, where it is expected to ...
Syndicated Content Sep 19, 2022
Exclusive-Google faces pressure in India to help curb illegal lending apps -sources
By Nupur Anand and Ira Dugal MUMBAI (Reuters) - Alphabet Inc's Google has been asked by the Indian government and the central bank to introduce more stringent checks to help curb the use of illegal di...
Syndicated Content Sep 19, 2022
Peoria, IL, USA
50 °F Partly cloudy
