Category Archives:
Yellen: U.S. banking system remains sound
WASHINGTON (Reuters) - The U.S. banking system remains sound and the U.S. government will take "any necessary steps" to keep it the strongest and safest financial system in the world, U.S. Treasury Se...
Apr 20, 2023
With eye on IRA, Dowlais targets U.S. rare earth magnets for electric vehicles
By Nick Carey LONDON (Reuters) - UK auto supplier Dowlais is developing rare earth magnets for production in the U.S. market as carmakers look to source more parts locally and benefit from subsidies p...
Apr 20, 2023
Brazil’s government takes measures to boost consumer and capital market credit
BRASILIA (Reuters) - Brazil's government announced a package of 13 measures on Thursday to ease consumer access to credit and reduce associated costs in the capital and insurance markets, a move the n...
Apr 20, 2023
Value of Russian exports falls 35% in Q1 as oil price cap bites -central bank
MOSCOW (Reuters) - The value of Russia's exports fell 35% year-on-year in the first quarter of 2023, due in part to a Western price cap on some Russian oil products, Russia's central bank said on Thur...
Apr 20, 2023
Hospital operators’ outlook in focus on Medicaid concerns
By Khushi Mandowara (Reuters) - U.S. hospital operators are expected to report strong revenue for the first quarter, while investors will also focus on results for cues on the impact to future earning...
Apr 20, 2023
Eid shopping sees sharp drop as Pakistanis feel inflation pinch
By Ariba Shahid and Mubasher Bukhari KARACHI, Pakistan (Reuters) - Retail sales in Pakistan have witnessed a sharp drop compared to previous years in the run up to the Muslim holiday of Eid al-Fitr, r...
Apr 20, 2023
Global wine trade hits record-high value but volumes fall
PARIS (Reuters) - The global wine trade reached record-high value last year, supported by a sharp rise in prices, but the amount of wine sold fell due to weaker demand and logistical problems, an indu...
Apr 20, 2023
US existing home sales resume downward trend in March
WASHINGTON (Reuters) - U.S. existing home sales fell in March as a reversal in mortgage rates likely pushed buyers back to the sidelines, but there are tentative signs that the housing market slump is...
Apr 20, 2023
Brazil’s credit package paves the way for capital market the size of the banking market -official
BRASILIA (Reuters) - Brazil's Secretary of Economic Reforms Marcos Barbosa said on Thursday that the credit package announced by the government aims to strengthen the credit market in the long term, p...
Apr 20, 2023
Stellantis tests e-fuels on existing engines to decarbonise fleet
(Reuters) - Carmaker Stellantis is testing 28 types of engine to try to optimise their performance using synthetic e-fuels, which are made with renewable energy, a step it said on Thursday could decar...
Apr 20, 2023
Peoria, IL, USA
70 °F Partly cloudy
