Category Archives:
OBR sees UK GDP falling 2% in over a year of recession
LONDON (Reuters) - Britain's economy will shrink by 2% in a recession that started during the previous quarter and is on track to last just over a year, the Office for Budget Responsibility (OBR) fore...
Nov 17, 2022
Fed’s Jefferson says low inflation key to U.S. prosperity
(Reuters) - High inflation hurts low-income households hardest, and bringing it down is the best way for the Federal Reserve to help bring prosperity to Americans broadly and narrow the economic gaps ...
Nov 17, 2022
U.S. confirms new Ford death due to faulty air bag inflator
WASHINGTON (Reuters) - U.S. auto safety regulators on Thursday said they confirmed a new death tied to a defective air bag inflator in a 2006 Ford Ranger pickup and reiterated urgent calls for owners ...
Nov 17, 2022
IMF grants Malawi waiver after it overstated its reserves
BLANTYRE (Reuters) - The International Monetary Fund's executive board has granted Malawi a waiver after it misreported its international reserves, the IMF said on Thursday, helping clear the way for ...
Nov 17, 2022
Chipmaker Astera Labs valued at over $3 billion after latest fundraise
(Reuters) - Chipmaker Astera Labs said on Thursday it was valued at $3.15 billion following a late-stage funding round led by Fidelity Management & Research, signaling investors' bullishness on the se...
Nov 17, 2022
Problems across German mobile phone networks affecting thousands – Focus Online
BERLIN (Reuters) - German mobile phone providers experienced a problem on Thursday that meant thousands of people had trouble making calls, online news magazine Focus Online reported. Portal Allestoer...
Nov 17, 2022
Britain softens business rates blow with 13.6 billion stg support package
By James Davey LONDON (Reuters) -Britain will provide 13.6 billion pounds ($16.1 billion) of support to retail, hospitality and leisure companies facing higher business rate bills next year, to help t...
Nov 17, 2022
Pelosi to pass leadership torch as top U.S. House Democrat – news website Puck
WASHINGTON (Reuters) - U.S. House of Representatives Speaker Nancy Pelosi plans to pass the leadership torch for House Democrats and throw her support behind congressman Hakeem Jeffries, news website ...
Nov 17, 2022
Britain’s budget plan restores credibility but risks remain -Moody’s
LONDON (Reuters) - Britain's budget plan for tax increases and tighter public spending announced on Thursday goes some way to restoring the country's economic credibility, but risks remained due to th...
Nov 17, 2022
Software firm PTC to buy peer ServiceMax for about $1.5 billion
(Reuters) - Software firm PTC said on Thursday it will buy cloud-based provider of software ServiceMax for $1.46 billion in cash as it looks to expand its portfolio of product lifecycle management off...
Nov 17, 2022
Peoria, IL, USA
38 °F Partly cloudy
