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Kobe Steel’s U.S. unit signs technology deal with Sweden’s H2 Green Steel
TOKYO (Reuters) - Japanese steelmaker Kobe Steel Ltd said on Wednesday its U.S. unit, Midrex Technologies, has signed a contract with Swedish steel venture H2 Green Steel to supply its technology for ...
Oct 12, 2022
U.S. needs to do more to tackle inflation, deputy Treasury chief says
WASHINGTON (Reuters) - The United States still needs to do more to bring down inflation, which is still too high globally, Deputy U.S. Treasury Secretary Wally Adeyemo said on Wednesday, adding that t...
Oct 12, 2022
U.S. oil patch M&A in Q3 tops $16 billion, the most this year
HOUSTON (Reuters) - Mergers and acquisitions in the U.S. oil patch accelerated to $16 billion in the third quarter, the most this year, although the nine-month total trails the year-ago period's, acco...
Oct 12, 2022
Factbox-From property to bonds, four financial flashpoints for the euro zone
By Francesco Canepa FRANKFURT (Reuters) - While a financial storm gathers nearby, the euro zone has so far been comparatively unscathed. The club of 19 countries that share the euro has not seen a fla...
Oct 12, 2022
U.S. FDA authorizes updated COVID booster shots for children as young as 5
(Reuters) -The U.S. Food and Drug Administration on Wednesday authorized Omicron-tailored COVID-19 booster shots from Moderna Inc and Pfizer Inc for children, a move that will boost the governmentR...
Oct 12, 2022
Russian copper builds up in LME warehouses -sources
By Pratima Desai LONDON (Reuters) - Significant volumes of unwanted Russian-origin copper have been deposited in London Metal Exchange approved warehouses in Germany, the Netherlands and Taiwan since ...
Oct 12, 2022
U.S. faces ‘larger-than-usual’ risks in inflation battle, OECD says
By Lindsay Dunsmuir (Reuters) - The United States faces increased uncertainty due to rapid rises in interest rates, and the Federal Reserve should adjust policy as needed as it monitors global events ...
Oct 12, 2022
BOJ’s Kuroda warns against fast, one-sided yen falls
By Leika Kihara WASHINGTON (Reuters) -Bank of Japan Governor Haruhiko Kuroda said on Wednesday fast and one-sided moves in the yen, driven by speculation, would be bad for the economy by making it dif...
Oct 12, 2022
Crypto.com chooses Paris for European headquarters
(Reuters) - Cryptocurrency platform Crypto.com will set up its European regional headquarters in Paris, the Singapore-based company said on Wednesday. The firm will invest 150 million euros ($145.7 mi...
Oct 12, 2022
India’s August industrial output fell for the first time 18 months
NEW DELHI (Reuters) -India's industrial output unexpectedly fell year-on-year in August for the first time in 18 months, as heavy rains dampened mining and construction activity while a drop in manufa...
Oct 12, 2022
Peoria, IL, USA
42 °F Partly cloudy
