Category Archives:
Chinese e-commerce firm Dingdong apologises after food safety concern
BEIJING (Reuters) - Chinese e-commerce firm Dingdong (Cayman) Ltd apologised on Thursday for selling expired food products after the firm was summoned by Beijing's market regulator following a report ...
Mar 17, 2022
Fed finally moves against inflation with rate hike
(Corrects location of Glenmede to Philadelphia, Pennsylvania) NEW YORK (Reuters) -The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point and projected its policy rat...
Mar 17, 2022
U.S. weekly jobless claims fall amid strong demand for workers
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week as demand for labor remained strong, positioning the economy for another month of solid job ga...
Mar 17, 2022
Canada home prices accelerate again, up 1.5% in February -Teranet
OTTAWA (Reuters) - Canadian home price gains accelerated again in February from January, climbing 1.5% on the month as prices rose in nine of the 11 major markets, data showed on Thursday. The Teranet...
Mar 17, 2022
Rouble firms in Moscow, volatile offshore as coupon payment news awaited
(Reuters) -The Russian rouble firmed in Moscow on Thursday and saw volatile trade offshore but stayed weaker than 100 to the U.S. dollar in both markets, with investors watching Russia-Ukraine talks a...
Mar 17, 2022
Credit Suisse upgrades Chinese stocks to ‘overweight’
MILAN (Reuters) - Swiss bank Credit Suisse has upgraded Chinese stocks to 'overweight' following a recent commitment by the country's policymakers to support the economy. "We think that Chinese equiti...
Mar 17, 2022
British pound drops after BoE hikes rates by 0.25%
LONDON (Reuters) - The British pound reversed its earlier gains and fell on Thursday, as investors interpreted a Bank of England 8-1 vote in favour of raising interest rates by 0.25% to be a more dovi...
Mar 17, 2022
Analysis-As liquidity dries up, oil braces for whiplash volatility
By Julia Payne LONDON (Reuters) - A $40 a barrel rise and fall in oil prices in March pushed many investors to exit the volatile trade and created the conditions for more wild price swings in the week...
Mar 17, 2022
China’s factories opt for isolation bubbles to beat COVID curbs and keep running
By Josh Horwitz and Martin Quin Pollard SHANGHAI/BEIJING (Reuters) - To keep factory lines open in the face of COVID curbs Chinese firms are asking workers to eat, sleep and work in bubbles isolated f...
Mar 17, 2022
Japan parts makers halt output after quake, another blow to supply chain
By Tim Kelly and Shinji Kitamura TOKYO (Reuters) -Japan's Renesas Electronics Corp, Murata Manufacturing Co Ltd, Sony Group Corp and other precision parts makers halted some operations on Thursday aft...
Mar 17, 2022
Peoria, IL, USA
46 °F Overcast
