Category Archives:
Nestle to double investments in Brazil in 2022 as it expands output capacity
SAO PAULO (Reuters) - Nestle SA said on Tuesday it will almost double its investments in Brazil in 2022 from a year earlier as it builds a new pet food factory and looks to expand its overall industri...
Feb 22, 2022
ECB may need to cut short bond buys: Reinesch
FRANKFURT (Reuters) - The European Central Bank may need to end its bond buys sooner than earlier thought given mounting inflation risks, ECB policymaker Gaston Reinesch said, joining a growing number...
Feb 22, 2022
Three Fed banks voted to increase discount rate in January
By Ann Saphir (Reuters) - Directors at three regional Federal Reserve banks voted in January to increase the interest rate charged to commercial banks for emergency loans by a quarter of a percentage ...
Feb 22, 2022
Brazil meatpacker Marfrig proposes shareholder Molina, Santander’s Rial for BRF board
SAO PAULO (Reuters) - Brazilian meatpacker BRF SA said on Tuesday that Marfrig Global Foods SA proposed appointing its controlling shareholder Marcos Molina as BRF's chairman and Santander Brasil's Ch...
Feb 22, 2022
U.S. market fallout from Russia-Ukraine strife may be brief, some strategists say
By Davide Barbuscia and Devik Jain (Reuters) - As the S&P 500 hovers near correction territory, Wall Street is gauging the further effect of the conflict between Russia and Ukraine on asset prices, wi...
Feb 22, 2022
Global stock market outlook modest even before Russia-Ukraine escalation: Reuters poll
By Hari Kishan and Jonathan Cable BENGALURU (Reuters) - Global stock markets were already headed for a volatile year with modest gains even before the latest escalation of the Russia-Ukraine crisis, a...
Feb 22, 2022
Explainer: Western sanctions on banks only scratch surface of Fortress Russia
By Tommy Wilkes LONDON (Reuters) - The European Union and Britain announced new sanctions on Russia on Tuesday after Moscow's recognition of two separatist regions in Ukraine as independent entities, ...
Feb 22, 2022
Lucid Group to recall over 200 cars due to possible safety issue
(Reuters) - Electric-vehicle maker Lucid Group said on Tuesday it would recall more than 200 of its premium sedans due to a possible safety issue, sending its shares down nearly 5%. The California-bas...
Feb 22, 2022
Small businesses still struggling financially, Fed survey finds
By Jonnelle Marte (Reuters) - Small businesses continue to struggle financially and many are facing greater challenges with managing supply chain challenges and hiring enough workers, according to a s...
Feb 22, 2022
U.S. opposes Canada’s digital services tax proposal
(Reuters) - The United States Trade Representative's (USTR) office said on Tuesday it opposed Canada's plan to enact a digital services tax (DST) and urged Canada to abandon plans for such a step. "Th...
Feb 22, 2022
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