Category Archives:
Ivanhoe Mines’ Friedland sees logistics cost squeeze easing
JOHANNESBURG (Reuters) - High shipping costs have posed a "challenge" for Democratic Republic of Congo-focused copper producer Ivanhoe Mines, but an alternative route to port via Angola should ease th...
Mar 30, 2022
Amazon gets rare ‘underperform’ rating on risks from higher expenses, inflation
(Reuters) - Amazon.com Inc received a rare "underperform" rating from BNP Paribas Exane on Wednesday, with the French brokerage saying the e-commerce giant faces a bumpy ride ahead due to surging infl...
Mar 30, 2022
Brazil’s public debt up 2.03% in February, interest rates kept rising
BRASILIA (Reuters) - Brazil's federal public debt increased 2.03% in February from the month before to 5.73 trillion reais ($1.21 trillion), the Treasury said on Wednesday, while issuance costs kept r...
Mar 30, 2022
Russian gold miners dig for ways to overcome Ukraine impact
By Yadarisa Shabong (Reuters) -Russian gold miners Polymetal and Petropavlovsk warned on Wednesday of increasing hurdles in doing business, including higher operating costs and continued challenges re...
Mar 30, 2022
Waymo offers driverless rides to employees in San Francisco, expands in Phoenix
By Hyunjoo Jin SAN FRANCISCO (Reuters) - Alphabet Inc unit Waymo on Wednesday said it has started offering driverless rides to employees in San Francisco, accelerating a race with General Motors Co.-b...
Mar 30, 2022
Chile’s central bank shrinks GDP growth forecast for 2022
SANTIAGO (Reuters) - Chile's central bank revised its forecast for 2022 economic growth on Wednesday, dropping it to a range of 1.0% to 2.0% from an estimate of 1.5% to 2.5% in December. "The economy ...
Mar 30, 2022
U.S. Treasury says on pace to exhaust most rental aid funds by mid-2022
WASHINGTON (Reuters) - U.S. Treasury officials are urging municipalities to divert part of their shares of $350 billion in state and local COVID-19 aid to help struggling renters stay in their homes a...
Mar 30, 2022
Intel CEO earned 1,711 times average worker’s pay in 2021
(Reuters) - Intel Corp Chief Executive Officer Pat Gelsinger earned 1,711 times the average worker at the U.S. chipmaker in just 11 months since he joined in February last year, a regulatory filing sh...
Mar 30, 2022
China’s top airlines post wider 2021 losses amid drive to stamp out COVID
BEIJING (Reuters) - China's three biggest airlines on Wednesday reported wider losses in the final quarter of 2021, marking the second year in the red due to COVID-19 as hopes for a recovery remain di...
Mar 30, 2022
French energy regulator does not expect gas supply problems
PARIS (Reuters) -France should not have any problems with energy supplies, the head of the country's CRE regulatory body said on Wednesday, adding that requests for users to be careful were normal. Ea...
Mar 30, 2022
Peoria, IL, USA
63 °F Overcast
