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Marketmind: Not nice out there
A look at the day ahead from Sujata Rao. Inflation? Reflation? Stagflation? Whichever ultimately turns out to be correct, markets are running scared, with world stocks at the lowest since July and som...
Syndicated Content Oct 05, 2021
Inflation will abate as supply meets demand, says UK PM Johnson
LONDON (Reuters) - Inflationary pressures will abate as supply improves to meet demand, British Prime Minister Boris Johnson said on Tuesday. Asked during an interview on LBC about the risks of inflat...
Syndicated Content Oct 05, 2021
UK is at a turning point: we want rising wages, PM Johnson says
LONDON (Reuters) - Britain's economy is at a turning point and the government welcomes rising wages but will not return to the old approach of low investment and low skills, Prime Minister Boris Johns...
Syndicated Content Oct 05, 2021
AstraZeneca files for U.S. approval of drug to prevent COVID-19
(Reuters) - AstraZeneca said on Tuesday it had submitted a request with U.S. health regulators to grant emergency use authorisation for a new treatment to prevent COVID-19. The British drugmaker had s...
Syndicated Content Oct 05, 2021
Analysis-Brexit cold turkey: UK tries to kick 25-year imported labour habit
By Guy Faulconbridge LONDON (Reuters) - The United Kingdom's 25-year-old model of importing cheap labour has been up-ended by Brexit and COVID-19, sowing the seeds for a 1970s-style winter of disconte...
Syndicated Content Oct 05, 2021
U.S. envoy Sullivan to meet China’s top diplomat Yang this week-SCMP
(Reuters) - U.S. President Joe Biden's national security adviser Jake Sullivan will hold talks with China's top diplomat Yang Jiechi in Switzerland on Tuesday and Wednesday, the South China Morning Po...
Syndicated Content Oct 05, 2021
Swiss Re estimates Hurricane Ida claims at $750 million, Europe flooding at $520 million
By Brenna Hughes Neghaiwi ZURICH (Reuters) - Swiss Re has estimated its preliminary claims burden from Hurricane Ida at $750 million, the reinsurer said on Tuesday, while updating its loss estimate fo...
Syndicated Content Oct 05, 2021
Investors eye Big Tech as stock market wobbles
By Lewis Krauskopf NEW YORK (Reuters) - Technology stocks are bearing the brunt of a recent market selloff, putting a spotlight on how an extended downturn in the sector could weigh on broader equity ...
Syndicated Content Oct 05, 2021
Explainer: Germany’s next government faces three big economic challenges
By Michael Nienaber and Rene Wagner BERLIN (Reuters) - Chancellor Angela Merkel has steered Germany through many crises over the past 16 years, but she has also left behind a mixed legacy and failed t...
Syndicated Content Oct 05, 2021
New U.S. China trade plan leaves industry hungry for specifics
By David Lawder and Andrea Shalal WASHINGTON (Reuters) - Having waited eight months for U.S. Trade Representative Katherine Tai's promised "top-to-bottom" policy review of trade with China, some U.S. ...
Syndicated Content Oct 05, 2021
Peoria, IL, USA
50 °F Partly cloudy
