Category Archives:
Carrots and sticks: Venezuela’s new oil chief targets graft, courts workers
By Tibisay Romero, Deisy Buitrago and Marianna Parraga VALENCIA/CARACAS (Reuters) - The new CEO of Venezuelan state-run PDVSA is targeting endemic corruption at the financially troubled oil company wh...
May 31, 2023
Inflation dips in German states, pointing to national drop
By Maria Martinez BERLIN (Reuters) - Inflation eased in five economically important German states in the month of May, preliminary data showed on Wednesday, suggesting that national price rises are se...
May 31, 2023
Taiwan central bank sees export momentum picking up in H2
TAIPEI (Reuters) - Taiwan's economic growth is likely to be low in the first half of the year under continuing global inflationary pressure, but export momentum may pick up in the second half, the isl...
May 31, 2023
Kenya central bank lowers 2023 growth forecast to 5.5%
NAIROBI (Reuters) - Kenya's central bank has lowered its economic growth projection for this year to 5.5%, a presentation by the bank's governor Patrick Njoroge showed on Wednesday. The bank had said ...
May 31, 2023
UAE central bank issues AML/CTF guidance for dealing with virtual assets
DUBAI (Reuters) - The UAE Central Bank has issued new anti-money laundering and counter-terrorism financing guidance for financial institutions when dealing with virtual assets, such as cryptocurrenci...
May 31, 2023
EV maker Faraday Future launches limited edition FF 91 2.0 for $309,000
(Reuters) - Electric vehicle (EV) startup Faraday Future Intelligent Electric launched its limited edition FF 91 2.0 Futurist Alliance vehicle on Tuesday, priced at $309,000. The company said the mode...
May 31, 2023
Russian clothing brands plug gap left by Western rivals
By Roman Churikov MOSCOW (Reuters) - Russian designers and brands are helping the retail sector gradually recover from a turbulent 15 months of store closures and slumping demand, with new labels plug...
May 31, 2023
Italy Q1 GDP revised up to 0.6% q/q, 1.9% y/y -ISTAT
May 31 (Reuters) - Italy's economy rose 0.6% in the first quarter, boosted by strong domestic demand, national statistics bureau ISTAT said on Wednesday, lifting a preliminary estimate of a 0.5% rise ...
May 31, 2023
British consortium, Swiss Glencore, Indonesia’s Aneka Tambang, to invest $9 billion in Indonesia EVs – minister
JAKARTA (Reuters) - A British consortium will invest for about $9 billion in Indonesia's electric vehicle batteries sector and mining, working with companies such as Glencore and state miner Aneka Tam...
May 31, 2023
Target Pride backlash exposes ‘rainbow capitalism’ problem, designer says
By Helen Reid LONDON (Reuters) - U.S. retailer Target's decision to remove some LGBTQ-themed merchandise after customer backlash in its stores highlights the problem with companies' "rainbow capitalis...
May 31, 2023
Peoria, IL, USA
61 °F Partly cloudy
