Category Archives:
Yellen sticks to view U.S. economy headed for soft landing
By Andrea Shalal MARRAKECH, Morocco (Reuters) -U.S. Treasury Secretary Janet Yellen said on Wednesday she continued to expect the U.S. economy would have a soft landing, even though the conflict betwe...
Oct 11, 2023
Fed’s Bowman says US policy rate may need to rise further
(Reuters) - Federal Reserve Governor Michelle Bowman on Wednesday repeated her view that despite "some progress" on inflation, the U.S. central bank will probably need to tighten monetary policy furth...
Oct 11, 2023
Exclusive-India regulator probing ties between Adani Group and Gulf Asia fund, say sources
By Jayshree P Upadhyay and Krishn Kaushik (Reuters) - India's market regulator is investigating the relationship between the Adani Group and a fund incorporated in the British Virgin Islands to see if...
Oct 11, 2023
Mercuria sees oil likely hitting $100 on Middle East turmoil
By Yousef Saba FUJAIRAH (Reuters) - The deputy CEO of commodity trader Mercuria, Magid Shenouda, said on Wednesday that oil could go to $100 a barrel if the situation in the Middle East escalates. "I ...
Oct 11, 2023
Hurricane Lidia slams Mexico’s coast leaving widespread damage
(Reuters) - Rescue workers on Wednesday were scrambling to clean up the mess left by Hurricane Lidia, which slammed into Mexico's Pacific coast overnight, leaving one person dead in the western state ...
Oct 11, 2023
Exclusive-Indian govt panel wants car ratings tied to improved connectivity -draft
By Munsif Vengattil and Aditi Shah NEW DELHI (Reuters) - An Indian government panel has recommended that automakers who step up connectivity features in cars to communicate with other vehicles and ext...
Oct 11, 2023
Yellen says oil price cap has ‘significantly’ cut Russia’s revenues
By Andrea Shalal MARRAKECH, Morocco (Reuters) - U.S. Treasury Secretary Janet Yellen on Wednesday said a G7-led price cap on Russian oil had sharply reduced Russian revenues over the past 10 months, a...
Oct 11, 2023
Euro zone consumers see inflation above ECB’s target for years
FRANKFURT (Reuters) - Euro zone households see inflation staying slightly above the European Central Bank's 2% target for another three years, an ECB survey showed on Wednesday, in a possible headache...
Oct 11, 2023
World Bank’s Banga: Interest rates to stay higher for longer
MARRAKECH, Morocco (Reuters) - World Bank President Ajay Banga said on Wednesday interest rates will likely stay higher for longer and complicate investments for companies across the globe. He also to...
Oct 11, 2023
China’s trade slump likely eased further in September, adds to stabilisation signs: Reuters poll
By Joe Cash BEIJING (Reuters) - China's exports likely contracted at a slower pace for a second consecutive month in September, a Reuters poll showed on Wednesday, adding to a string of recent data su...
Oct 11, 2023
Peoria, IL, USA
42 °F Partly cloudy
