Category Archives:
Defiant pound sees biggest monthly rise since 2020 – but still trails most peers
By Harry Robertson LONDON (Reuters) - The pound has pulled off its biggest monthly increase against the U.S. dollar since July 2020 in November, although its rally was eclipsed by peers such as the ye...
Dec 01, 2022
Exclusive-U.S. Chamber of Commerce warns against draft EU plan to exclude non-EU cloud vendors
By Foo Yun Chee BRUSSELS (Reuters) - The U.S. Chamber of Commerce and 12 other groups on Thursday warned the European Union against adopting rules that could exclude Amazon, Alphabet unit Google, Micr...
Dec 01, 2022
Analysis-Retailers turn to robots in cost inflation fight
By James Davey LONDON (Reuters) - At a vast warehouse in the southern Dutch city of Roosendaal, automated cranes and driverless vehicles silently stack clothes for the French and Italian stores of ret...
Dec 01, 2022
China’s lithium newcomer Zijin eyes rich returns from battery demand
By Siyi Liu and Dominique Patton BEIJING (Reuters) - The head of China's Zijin Mining Group Co Ltd said lithium prices now at record levels could halve by end-2025, telling the Reuters NEXT conference...
Dec 01, 2022
STMicro, Soitec deepen cooperation over fast-growing semiconductor material
By Mathieu Rosemain PARIS (Reuters) - French semiconductor materials supplier Soitec and chipmaker STMicroelectronics said on Thursday they were deepening their cooperation over the manufacturing of a...
Dec 01, 2022
J.P. Morgan private bank invests in two Swiss fintechs
ZURICH (Reuters) - J.P. Morgan Private Bank has invested in two Swiss fintech companies that specialise in software that helps advisers customise portfolios for wealthy clients in Europe, the Middle E...
Dec 01, 2022
Analysis-China central bank to offer limited, targeted growth support, no bazooka
By Kevin Yao BEIJING (Reuters) - China's $17 trillion economy is headed for one of its worst showings this year in almost half a century, but its central bank has limited options in its armoury for pr...
Dec 01, 2022
Russia factory activity grows at fastest pace in almost six years in Nov – PMI
MOSCOW (Reuters) - Russia's manufacturing sector expanded at its fastest pace in almost six years in November thanks to an increase in output and new orders, a business survey showed on Thursday, rebo...
Dec 01, 2022
U.S. Treasury’s Yellen ‘practiced and practiced’ her signature for U.S. bills
NEW YORK (Reuters) - U.S. Treasury Secretary Janet Yellen said she "practiced and practiced" writing the signature that will soon adorn U.S. dollars in order to avoid the illegible scrawls of her pred...
Dec 01, 2022
RBI seen raising rates by smaller 35bps in Dec, hiking again in early 2023: Reuters poll
By Shaloo Shrivastava BENGALURU (Reuters) - The Reserve Bank of India will raise interest rates by a smaller 35 basis points to 6.25% in December, according to economists polled by Reuters who expect ...
Dec 01, 2022
Peoria, IL, USA
73 °F Partly cloudy
