Category Archives:
EU Commission to propose more flexibility in debt reduction
STRASBOURG (Reuters) - The European Commission will propose in October changes to EU debt rules that make them simpler and more flexible in reducing high debt and that will allow for strategic investm...
Sep 14, 2022
Vedanta to create hub to manufacture iPhones, TV equipment in India -CNBC TV18
NEW DELHI (Reuters) - Vedanta Ltd will look at creating a hub to manufacture Apple's iPhones and TV equipment, along with possibly diving into the electric vehicle sector, Chairman Anil Agarwal said i...
Sep 14, 2022
EU to seek clearance of trade deals, set rules on raw materials – von der Leyen
STRASBOURG (Reuters) - The European Union needs to update its links with reliable countries and key growth areas and secure supply of lithium and rare earths that power the switch to a green economy, ...
Sep 14, 2022
Goldman cuts India’s Infosys, TCS to “sell” on slowdown worries
BENGALURU (Reuters) - Goldman Sachs downgraded top Indian information technology service providers Infosys and Tata Consultancy Services to "sell," from "buy," citing slowdown in dollar revenue growth...
Sep 14, 2022
EU will propose windfall levies on energy firms, von der Leyen says
BRUSSELS (Reuters) - The European Union will propose measures to cap revenues from low-cost electricity generators and force fossil fuel firms to share the profits they make from soaring energy prices...
Sep 14, 2022
Analysis-China poised to shake up economic leadership as reformers bow out
By Kevin Yao BEIJING (Reuters) - China's ruling Communist Party sets the stage next month for the biggest overhaul of its economic leadership in a decade, with a generation of reform-minded policymake...
Sep 14, 2022
European shares open lower, Inditex leads retailers higher
(Reuters) - European shares dipped at the opening bell on Wednesday after higher-than-expected U.S. inflation cemented views of a large interest rate hike by the Federal Reserve next week, but a rally...
Sep 14, 2022
Swedish inflation surge paves way for big Riksbank hike
STOCKHOLM (Reuters) - Swedish inflation surged again in August, with Wednesday's statistics office data likely to force the central bank into an aggressive rate hike later this month and again in Nove...
Sep 14, 2022
France is not falling into recession, Le Maire says
PARIS (Reuters) - French Finance Minister Bruno Le Maire said on Wednesday that the economy was not facing recession after the government lowered its economic outlook for 2023. Le Maire also told CNew...
Sep 14, 2022
S.Korea court orders arrest of developer of failed cryptocurrency Luna
SEOUL (Reuters) - A South Korean court has issued an arrest warrant for Do Kwon, the primary developer of failed cryptocurrency Luna and the founder of blockchain platform Terraform Labs. "An arrest w...
Sep 14, 2022
Peoria, IL, USA
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