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IMF warns Bank of England against inaction on inflation
By David Milliken LONDON (Reuters) - The International Monetary Fund warned the Bank of England on Tuesday to avoid an 'inaction bias' in its approach to combating price pressures as it said inflation...
Syndicated Content Dec 14, 2021
Deadly U.S. tornadoes to cost insurers about $3 billion- KCC
(Reuters) - Catastrophe modeling firm Karen Clark & Company (KCC) said on Tuesday it expects insured losses of about $3 billion from the swarm of tornadoes and severe convective storms that caused des...
Syndicated Content Dec 14, 2021
Investors brace for faster Fed taper, rate hikes next year
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Investors are pricing in a quicker end to the Federal Reserve's bond-buying scheme ahead of the central bank's policy decision on Wednesday, positionin...
Syndicated Content Dec 14, 2021
U.S. diplomat meets top Ukrainian officials amid Russian military buildup
KYIV (Reuters) - Karen Donfried, the United States assistant secretary of state, has met top Ukrainian officials to reinforce the U.S. commitment to Ukraine's sovereignty and discuss a path toward dip...
Syndicated Content Dec 14, 2021
Hunger lingers for millions of underemployed, low-income Americans
By Christopher Walljasper CHICAGO (Reuters) - Sofia Suarez, a receptionist at a dental office in Chicago, was out of work for about three months in the early days of the COVID-19 pandemic. Nearly a ye...
Syndicated Content Dec 14, 2021
EV ride-hail leasing company Hive raises $30 million in funding round
By Tina Bellon (Reuters) - Electric vehicle leasing startup Hive Technologies Inc said on Tuesday it closed a $30 million funding round to expand its fleet for ride-hail drivers who can otherwise not ...
Syndicated Content Dec 14, 2021
IMF urges UK to give non-banks access to liquidity in market crises
LONDON (Reuters) - Britain should consider giving 'non-banks' access to its repurchase agreements and government bond operations as a source of liquidity in stressed markets, the International Monetar...
Syndicated Content Dec 14, 2021
UBS chief investment office stops coverage of U.S. dollar-Turkish lira pair
(Reuters) - A wealth management arm of Switzerland's UBS Group confirmed on Tuesday it will discontinue research coverage of the U.S. dollar-Turkish lira currency pair in an effort to streamline its o...
Syndicated Content Dec 14, 2021
Factbox-Russian companies prepare for new IPO surge
(Reuters) - A post-pandemic economic recovery, a stock market surge to record highs and an uptick in the number of retail investors are fuelling a pick up in listings in Russia following a barren few ...
Syndicated Content Dec 14, 2021
At least 10 Russian companies considering IPOs in 2022, advisers say
By Andrey Ostroukh and Alexander Marrow MOSCOW (Reuters) - At least 10 Russian companies could hold an initial public offering (IPO) in 2022, extending the listing spree that started a year ago if geo...
Syndicated Content Dec 14, 2021
Peoria, IL, USA
51 °F Thunderstorm In Vicinity, Mist
