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Russian electronics retailer M.Video-Eldorado’s sales drop in 2022
MOSCOW (Reuters) - Sales at M.Video-Eldorado, Russia's top consumer electronics chain, dropped 14% in 2022 as the industry was hit by the impact of Western sanctions, a company presentation for an upc...
Syndicated Content Apr 12, 2023
Germany’s Merck to invest 300 million euros in US gas plant
(Reuters) - Germany's Merck will invest about 300 million euros ($327.90 million) in the world's largest integrated specialty gas plant in Hometown, U.S., the company said on Wednesday. The agreement ...
Syndicated Content Apr 12, 2023
Futures edge higher ahead of inflation data
(Reuters) - U.S. stock index futures edged higher on Wednesday as investors awaited key inflation data and minutes from the Federal Reserve's policy meeting for clues on whether U.S. interest rates ar...
Syndicated Content Apr 12, 2023
Bank of Canada seen holding on rates amid cooling inflation, financial turmoil
By Steve Scherer OTTAWA (Reuters) - The Bank of Canada on Wednesday is expected to keep rates on hold as inflation cools and because of stress in the global banking system, despite the fact that growt...
Syndicated Content Apr 12, 2023
Yellen to press for additional reforms at World Bank this year
By Andrea Shalal WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen will call on Wednesday for the World Bank to undertake additional reforms this year to expand its ability to help developin...
Syndicated Content Apr 12, 2023
Fed minutes to detail debate in the wake of SVB, Signature bank failures
By Howard Schneider WASHINGTON (Reuters) - Detailed minutes of the U.S. Federal Reserve's meeting last month due out Wednesday may show just how close the central bank came to postponing further inter...
Syndicated Content Apr 12, 2023
Explainer-The FDIC’s ‘special’ fee to make banks pay for SVB cleanup
By Douglas Gillison and Hannah Lang (Reuters) - The Federal Deposit Insurance Corp is expected to propose next month how to make the U.S. banking sector pay for an estimated $23 billion hole in its in...
Syndicated Content Apr 12, 2023
Access, printouts and glue: Tracing the source of leaked US secrets
By Idrees Ali, Jonathan Landay and Sarah N. Lynch WASHINGTON (Reuters) - A probe into the leak of secret U.S. documents likely will require investigators to examine those who had access and scrutinize...
Syndicated Content Apr 12, 2023
Delta bets on premium travel as ‘shock absorber’ for economic downturn
By Rajesh Kumar Singh CHICAGO (Reuters) - Delta Air Lines is doubling down on more profitable premium travel as it looks to shore up its defenses against an economic downturn. Chief Executive Ed Basti...
Syndicated Content Apr 12, 2023
Inflation trumps financial risks as central bank tightening set to continue
By Howard Schneider, William Schomberg and Balazs Koranyi WASHINGTON/LONDON/FRANKFURT (Reuters) - Despite broad warnings about the economic risks posed by recent stress in the banking sector, global m...
Syndicated Content Apr 12, 2023

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