Category Archives:
Stellantis production at Italy’s Sevel plant to be suspended over chip shortage
MILAN (Reuters) - Production at a Stellantis plant in Italy making light commercial vehicles will be halted next week due to a semiconductor shortage, a spokesperson for the carmaker said on Friday, c...
Aug 27, 2021
Fed’s Mester says taper should begin this year, end middle of next
WASHINGTON (Reuters) - The U.S. Federal Reserve has met its goal of "substantial further progress" on both employment gains and inflation and should begin to reduce its massive monthly bond buys this ...
Aug 27, 2021
From dried fruit to bike repair, Cuban entrepreneurs prepare for a more open economy
By Marc Frank and Anett Rios HAVANA (Reuters) - Cuban entrepreneurs, running businesses ranging from selling dried fruit to repairing bikes and developing software, are scrambling to understand the op...
Aug 27, 2021
Toyota halts all self-driving e-Palette vehicles after Olympic village accident
(Reuters) - Toyota Motor said on Friday it had suspended operations of its self-driving e-Palette transportation pods at the Paralympic Games village in Tokyo, a day after one of the vehicles collided...
Aug 27, 2021
U.S. consumer spending slows in July; monthly inflation moderates
WASHINGTON (Reuters) - U.S. consumer spending slowed in July as shortages of motor vehicles tempered a rise in outlays on in-person services, supporting views that economic growth will moderate in the...
Aug 27, 2021
U.S. bond funds receive higher inflows in week to Aug. 25 – Lipper
(Reuters) - U.S. bond funds witnessed a big increase in inflows in the week to Aug. 25 on caution ahead of a long-awaited speech by the Fed Chair Jerome Powell at the Jackson Hole Symposium, that coul...
Aug 27, 2021
Fed’s Harker says he still supports tapering sooner rather than later
(Reuters) - Philadelphia Federal Reserve Bank President Patrick Harker said on Friday that he still supports tapering the central bank's asset purchases sooner rather than later, calling the significa...
Aug 27, 2021
T-Mobile confident no ongoing risks to user data from recent hack
(Reuters) -T-Mobile US Inc said on Friday it was confident there were no continuing risks to user data from a breach disclosed earlier this month that affected more than 53 million current, former and...
Aug 27, 2021
Chanel buys up more jasmine fields to safeguard famous No. 5
By Eric Gaillard PEGOMAS, France (Reuters) - Wary of disappearing flower crops used in its best-selling perfumes, fashion and beauty firm Chanel has bought up more land in southern France to secure it...
Aug 27, 2021
Tianjin asks govt firms to move data out of Alibaba, Tencent clouds-document
BEIJING (Reuters) - The Chinese city of Tianjin has asked municipally controlled companies to migrate their data from private sector operators like Alibaba Group and Tencent Holdings to a state-backed...
Aug 27, 2021
Peoria, IL, USA
52 °F Overcast
