Category Archives:
German industrial orders fall more than expected in November
BERLIN (Reuters) - German industrial orders fell more than expected in November, decreasing by 5.3% on the month on a seasonally and calendar adjusted basis, the federal statistics office said on Frid...
Jan 06, 2023
Shell to pay $2 billion in EU and UK windfall tax in Q4
LONDON (Reuters) - Shell expects to pay about $2 billion in additional taxes in the fourth quarter of 2022 related to the European Union and British windfall taxes imposed on the energy sector. Europe...
Jan 06, 2023
Crypto exchange Huobi to lay off 20% of staff – Justin Sun
By Xinghui Kok SINGAPORE (Reuters) - Crypto exchange Huobi plans to lay off about 20% of its staff, Tron founder Justin Sun told Reuters. Sun, a Chinese cryptocurrency entrepreneur who is also a membe...
Jan 06, 2023
U.S. FDA grants priority review to Roche’s bispecific antibody Glofitamab
ZURICH (Reuters) - Roche announced on Friday the U.S. Food and Drug Administration has granted priority review to the Swiss pharmaceutical company's bispecific antibody Glofitamab. Glofitamab is inten...
Jan 06, 2023
Lowering inflation top priority for South Asia – India cenbank chief
By Nikunj Ohri NEW DELHI (Reuters) -Taming inflation is the top priority for South Asian countries as risks to growth and investment outlook could rise if price pressures persist at high levels, Reser...
Jan 06, 2023
Sodexo’s Q1 boosted by return to office and price hikes
(Reuters) - French catering and food services group Sodexo on Friday beat forecasts for first-quarter sales, as a continued return to the workplace and other physical venues helped its On-site busines...
Jan 06, 2023
Stock swoon resets valuations but recession risk, rates cloud outlook
By Lewis Krauskopf NEW YORK (Reuters) - U.S. stocks are starting 2023 at much cheaper levels after Wall Street's biggest swoon in 14 years but the potential for a recession combined with higher intere...
Jan 06, 2023
Surging recovery bets on China stocks face reality check
By Jason Xue and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) - Chinese investors are doubling down on economic recovery bets, with a flurry of new fund launches this week riding on optimism about an en...
Jan 06, 2023
Fed’s ‘inclusive’ jobs promise hits reality of inflation control
By Howard Schneider WASHINGTON (Reuters) - Aiming to fortify broad labor market gains among U.S. minority groups over the previous decade, Federal Reserve Chair Jerome Powell in 2020 engineered a hist...
Jan 06, 2023
China may ease ‘three red lines’ property rules – Bloomberg News
(Reuters) - China is planning to relax restrictions on borrowing for property developers to support the troubled sector by dialing back the "three red lines" policy, Bloomberg News reported on Friday....
Jan 05, 2023
Peoria, IL, USA
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