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U.S. producer prices increase more than expected in March
WASHINGTON (Reuters) - U.S. producer prices increased more than expected in March amid a surge in demand for services, suggesting inflation could remain high for a while. The producer price index for ...
Apr 13, 2022
Death toll from floods on South Africa’s east coast rises to 259 – official
JOHANNESBURG (Reuters) - The death toll from devasting floods on South Africa's east coast increased to 259, a provincial official said on Wednesday, from an earlier estimate of just over 50. The heav...
Apr 13, 2022
General Atlantic hires ex-IHS Markit boss Uggla to lead climate venture
LONDON (Reuters) - U.S. private equity firm General Atlantic on Wednesday named Lance Uggla, former boss of data company IHS Markit, as chief executive of its climate-focused venture BeyondNetZero. Ug...
Apr 13, 2022
China warns of NFT-related financial risks
SHANGHAI (Reuters) - China warned on Wednesday of financial risks associated with non-fungible tokens (NFTs), as three industry bodies jointly issued guidelines to prevent the digital asset market fro...
Apr 13, 2022
S.Africa’s Ramaphosa vows to help victims of deadly floods, mudslides
JOHANNESBURG (Reuters) - President Cyril Ramaphosa pledged on Wednesday to help flood victims on South Africa's east coast after heavy rains killed at least 45 people, displaced dozens, swept away roa...
Apr 13, 2022
With Argentine inflation seen topping 6%, a bricklayer struggles to survive
By Miguel Lo Bianco BUENOS AIRES (Reuters) - Jos Luis Rodrguez, a bricklayer in Argentina, cannot get by on his paycheck anymore with inflation set to have climbed more than 6% in March alone, the hig...
Apr 13, 2022
China will use timely RRR cuts to support economy -state media
BEIJING (Reuters) - China will use timely cuts in banks' reserve requirement ratios (RRR) and other policy tools to support the economy, state media quoted the cabinet as saying on Wednesday, as headw...
Apr 13, 2022
Russia can boost economy by $97 billion without inflationary risks, official says
(Reuters) - Russia can boost its economy by 7-8 trillion roubles ($85-97 billion) without stoking significant inflationary risks, a senior official said on Wednesday, as Moscow deals with supply curbs...
Apr 13, 2022
Russian Netflix users sue streaming giant for leaving market -RIA
(Reuters) - Russian users of Netflix have launched a class action lawsuit against the streaming giant for leaving the Russian market, demanding 60 million roubles ($726,000) in compensation, the RIA n...
Apr 13, 2022
Coffee maker Lavazza sees ‘challenging’ 2022, halts Russian activities
MILAN (Reuters) - Italian coffee maker Lavazza said on Wednesday it expected a challenging 2022 due to raw material price rises after reporting a strong increase in profits for 2021. The family-owned ...
Apr 13, 2022
Peoria, IL, USA
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