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UK’s Truss breaks silence on markets slump, defends her tax cuts
By Muvija M and Kate Holton LONDON (Reuters) - British Prime Minister Liz Truss broke her silence on Thursday following nearly a week of chaos in financial markets triggered by her plans for tax cuts,...
Sep 29, 2022
U.S. candidate beats Russian to head U.N. telecoms agency
GENEVA (Reuters) -The U.S. candidate Doreen Bogdan-Martin on Thursday decisively beat a Russian candidate to be the next Secretary-General of the International Telecommunication Union in an election s...
Sep 29, 2022
Swedish rate-setters say quick action key to fight inflation spiral – minutes
STOCKHOLM (Reuters) - Sweden's central bank must act robustly to get inflation under control or rising prices could become entrenched, rate-setters said in the minutes of the central bank's most recen...
Sep 29, 2022
Nestle CEO: I’m not a ‘mega deal’ maker
ZURICH (Reuters) - Food group Nestle is in no hurry to acquire companies given rich valuations and will stick to its traditionally cautious approach to deals, its chief executive told a conference on ...
Sep 29, 2022
ECB’s Rehn: long-term debt level not sustainable in third of euro zone countries
HELSINKI (Reuters) - Long-term debt of more than one third of euro area countries is under serious threat, European Central Bank policymaker and Finnish central bank chief Olli Rehn said on Thursday. ...
Sep 29, 2022
German economic institutes see 2023 contraction as gas crisis hits
BERLIN (Reuters) - Four leading German economic institutes have almost halved their spring economic growth forecast for Europe's largest economy this year and slashed their 2023 projection to -0.4% fr...
Sep 29, 2022
China’s central bank to step up efforts to support economic recovery
BEIJING (Reuters) - China's central bank said on Thursday it will step up efforts to consolidate economic recovery, which still faces some downward pressures. China's economy continues to recover, but...
Sep 29, 2022
KKR’s tender offer for Hitachi Transport to be delayed -statement
TOKYO (Reuters) - Japan's Hitachi Transport System Ltd said on Thursday it had been informed by KKR & Co that the private equity firm's tender offer for it would be delayed from the initially planned ...
Sep 29, 2022
CEO Blume hails ‘historic moment’ as Porsche AG lists on Frankfurt exchange
FRANKFURT (Reuters) - Porsche AG Chief Executive Oliver Blume rang the bell and hugged colleagues on what he called the "historic moment" of the luxury car brand listing on Thursday after Germany's bi...
Sep 29, 2022
UK’s Truss presses on with ‘controversial’ economic plan, says it’s the right course
LONDON (Reuters) -British Prime Minister Liz Truss defended her economic plan that has roiled financial markets, saying on Thursday she was willing to take "controversial" steps to reignite growth and...
Sep 29, 2022
Peoria, IL, USA
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