Category Archives:
U.S. Treasury will hold IMF chief accountable for integrity changes -official
WASHINGTON (Reuters) - A high-ranking U.S. Treasury official told senators on Tuesday that the agency would hold International Monetary Fund Managing Director Kristalina Georgieva accountable for chan...
Oct 19, 2021
Fed’s Barkin says U.S. labor supply problems may outlast pandemic
By Howard Schneider WASHINGTON (Reuters) - U.S. labor shortages may outlast the coronavirus pandemic and limit overall economic growth unless the country comes up with better education, health and chi...
Oct 19, 2021
Morrisons shareholders back CD&R’s $10 billion takeover
LONDON (Reuters) - Shareholders in British supermarket group Morrisons on Tuesday approved a 7 billion pound ($9.7 billion) agreed takeover offer from U.S. private equity firm Clayton, Dubilier & Rice...
Oct 19, 2021
U.S. Treasury’s Yellen says Democrats propose $10,000 IRS bank reporting threshold
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen said on Tuesday she welcomed a new proposal from congressional Democrats to raise the bank account transaction reporting threshold to the In...
Oct 19, 2021
Senior U.S. House Democrat favors giving Treasury Secretary power on debt limit
WASHINGTON (Reuters) - A top Democrat in the U.S. House of Representatives on Tuesday said he would support allowing the U.S. Treasury secretary to unilaterally extend the limit on federal borrowing, ...
Oct 19, 2021
At least 50% of Aston Martin car sales should be electric by 2030, says CEO
LONDON (Reuters) - At least 50% of British luxury carmaker Aston Martin's sales should be electric models by 2030, the company's top executive said on Tuesday. "I would say a minimum of 50% of our sal...
Oct 19, 2021
Sales growth at Gucci slows down sharply in Q3, missing forecasts
PARIS (Reuters) - Kering's star brand Gucci grew sales by 3.8% in the third quarter, missing analyst expectations, as the pace of recovery from the coronavirus pandemic slowed down sharply following a...
Oct 19, 2021
Diapers to yogurt, global firms face higher costs amid supply-chain woes
(Reuters) - Results from companies Procter & Gamble Co and Danone SA as well as phone maker Ericsson on Tuesday show higher costs and supply chain disruptions, signaling more margin pressure for globa...
Oct 19, 2021
Investment firm CD&R to buy PwC’s mobility unit for $2.2 billion – source
(Reuters) - Private investment firm Clayton, Dubilier & Rice (CD&R) will buy accounting and consulting firm PwC's global mobility tax and immigration services business, the two companies said on Tuesd...
Oct 19, 2021
U.S. FCC commissioner wants new restrictions review for Chinese dronemaker DJI
By David Shepardson WASHINGTON (Reuters) - A Republican member of the Federal Communications Commission (FCC) on Tuesday said he wants the U.S. telecommunications regulator to begin the process of imp...
Oct 19, 2021
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