Category Archives:
Italy preparing 6 billion euro package to curb energy bills – draft
ROME (Reuters) - Italy's government is finalising new measures worth almost 6 billion euros ($6.81 billion) to help consumers and firms hit by the rise in energy bills, a draft decree seen by Reuters ...
Feb 18, 2022
Fed’s Evans says policy “wrong-footed,” but may not need to be restrictive
By Howard Schneider NEW YORK (Reuters) - Current high inflation requires a "substantial repositioning" of Federal Reserve policy, but not so much that it will restrict the economy and wreck employment...
Feb 18, 2022
New York Gov. Hochul, NYC Mayor Adams to unveil plan to improve safety in city subway
NEW YORK (Reuters) - New York Governor Kathy Hochul and New York City Mayor Eric Adams will unveil a plan on Friday to make the city's subway system safer, following several recent attacks against pas...
Feb 18, 2022
Germany’s Ottobock to wait until September to list amid choppy markets – sources
By Emma-Victoria Farr and Alexander Hbner (Reuters) - German artificial limb maker Ottobock is waiting until September to launch its multibillion-euro stock market listing because of choppy financial ...
Feb 18, 2022
Iran nuclear deal could be agreed very soon, EU official says
BRUSSELS (Reuters) - A senior European Union official said on Friday that a U.S.-Iranian deal to revive Iran's 2015 nuclear agreement was close but success depended on the political will of those invo...
Feb 18, 2022
U.S. leading economic indicator unexpectedly falls in January
WASHINGTON (Reuters) - A gauge of future U.S. economic activity fell in January for the first time in nearly a year amid a resurgence in COVID-19 cases, high inflation and supply chain disruptions, su...
Feb 18, 2022
Fed’s hopes for low inflation and lots of jobs may fall flat, economists say
By Howard Schneider New York (Reuters) - When the Federal Reserve tacked to a new brand of monetary policy 18 months ago it thought it could deliver low unemployment and tame inflation. It may end up ...
Feb 18, 2022
CIBC’s C$125 million settlement of financial crisis lawsuit gets court approval
(Reuters) - Canadian Imperial Bank of Commerce has received approval from an Ontario court of a C$125 million ($98 million) settlement to resolve claims in a class-action lawsuit alleging misrepresent...
Feb 18, 2022
India, UAE eye $100 billion in annual trade after signing trade pact
By Manoj Kumar and Alexander Cornwell NEW DELHI/DUBAI (Reuters) -India and the United Arab Emirates signed a broad trade and investment pact on Friday that will eventually cut all tariffs on each othe...
Feb 18, 2022
Volta Trucks raises $260 million to fund electric vehicle launch
By Nick Carey LONDON (Reuters) - Volta Trucks said on Friday that it had raised 230 million euros ($260 million) in Series C funding round, which will finance it through the launch of series productio...
Feb 18, 2022
Peoria, IL, USA
50 °F Partly cloudy
