Category Archives:
National Bank of Canada quarterly profit falls on higher expenses, provisions
(Reuters) - National Bank of Canada posted a lower fourth-quarter profit on Wednesday, as the Canadian lender set aside higher provisions in the face of an economic downturn. The company recorded $87 ...
Nov 30, 2022
Foxconn asks workers for referrals to replenish China plant’s staff
SHANGHAI (Reuters) - Apple supplier Foxconn on Wednesday offered a 1,000 yuan ($141.11) award to staff who successfully recommend people to work at its plant in China's Zhengzhou city, as it tries to ...
Nov 30, 2022
Portugal jobless rate unchanged at 6.1% in October – flash estimate
(Reuters) - Portugal's monthly unemployment rate remained unchanged at 6.1% from the previous month, the National Statistics Institute (INE) said in its flash estimate on Wednesday. The labour underut...
Nov 30, 2022
HSBC to close 114 branches in Britain from April 2023
LONDON (Reuters) - HSBC will close 114 branches in Britain from April 2023, the British lender said on Wednesday, the latest in a string of such announcements by retail banks in the country as they sl...
Nov 30, 2022
DIY retailer Kingfisher partners with Google Cloud to boost e-commerce
By Paul Sandle LONDON (Reuters) - European home improvement retailer Kingfisher has agreed a five-year partnership with Google Cloud, a move it said should provide customers with faster and more intui...
Nov 30, 2022
Venezuela exports oil, despite US sanctions, using false documents, ships linked to Iran
By Marianna Parraga and Jonathan Saul HOUSTON/LONDON (Reuters) - When the supertanker Young Yong sailed to the Chinese port of Qingdao in September last year, it had quality certificates for its cargo...
Nov 30, 2022
Reelin’ in the year: Powell’s pivot, Fed unity, and the war on inflation
By Howard Schneider WASHINGTON (Reuters) - The Federal Reserve started 2022 expecting a surge in inflation to subside as the pandemic-scarred economy got back to normal, and divided over how much the ...
Nov 30, 2022
Marketmind: Uneasy Chair
A look at the day ahead in U.S. and global markets from Mike Dolan. Even as disinflation takes hold and recession looms, Federal Reserve Chair Jerome Powell may have to deliver another uncomfortable m...
Nov 30, 2022
U.S. plans to boost purchases of Native goods, revitalize tribal languages
By Andrea Shalal WASHINGTON (Reuters) - The Biden administration will announce new actions on Wednesday to give Native American tribes more say in managing federal lands, boost purchases of tribal ene...
Nov 30, 2022
U.S. House Democrats set to elect Hakeem Jeffries as first Black party leader
By Richard Cowan WASHINGTON (Reuters) - Democrats in the U.S. House of Representatives were poised on Wednesday to pass their leadership baton to a younger generation, marking the end of the Nancy Pel...
Nov 30, 2022
Peoria, IL, USA
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