Category Archives:
Monte dei Paschi to hold board meeting on cash call on Tuesday – source
MILAN (Reuters) - The board of Monte dei Paschi di Siena will meet on Tuesday over a planned 2.5 billion euro ($2.4 billion) new share sale, a person close to the matter said, while it is still unclea...
Oct 10, 2022
Factbox-Automakers accelerate drive to secure battery raw materials
(Reuters) - Rising demand for electric vehicles (EV) around the world is encouraging automakers such as Tesla Inc, Volkswagen and Stellantis NV to step up efforts to secure raw materials needed for ma...
Oct 10, 2022
In a land of spas, Hungary’s cave bath falls victim to soaring gas prices
By Krisztina Fenyo MISKOLCTAPOLCA, Hungary (Reuters) - Staff turned off the lights and started draining the pools at Hungary's famous Miskolctapolca cave baths on Monday, after the centuries-old attra...
Oct 10, 2022
Pakistan keeps policy rate at 15%, projects high inflation, weak growth
By Syed Raza Hassan KARACHI, Pakistan (Reuters) - Pakistan's central bank kept its key policy rate unchanged at 15% on Monday, days after the South Asian country's credit rating was downgraded in the ...
Oct 10, 2022
Russian pop diva who denounced war says she is in Israel
LONDON (Reuters) - Alla Pugacheva, the queen of Soviet pop music, on Monday said she was in Israel, three weeks after she denounced President Vladimir Putin's war in Ukraine for turning Russia into a ...
Oct 10, 2022
EU eyes multi-year fiscal plans that include investment, reform -Gentiloni
By Jan Strupczewski (Reuters) - The ongoing reform of EU fiscal rules could give governments more leeway in plans that combine debt cuts with investment and reforms, in exchange for greater accountabi...
Oct 10, 2022
From boom to bottom: Renault, Nissan in talks that could reshape alliance
PARIS (Reuters) - French carmaker Renault and its Japanese partner Nissan said on Monday they were in talks about the future of their alliance, confirming media reports over the weekend. The partnersh...
Oct 10, 2022
French luxury groups to highlight sector’s resilience as demand holds up for now
By Mimosa Spencer PARIS (Reuters) - French luxury groups LVMH, Gucci-owner Kering and Hermes are expected to post double-digit third-quarter sales growth as demand for high-end fashion from tourists a...
Oct 10, 2022
Fed’s Evans: Inflation can fall quickly, with “soft landing” and no recession
By Howard Schneider CHICAGO (Reuters) - The U.S. Federal Reserve may still be able to lower inflation without a sharp rise in unemployment even as it continues raising interest rates, Chicago Fed pres...
Oct 10, 2022
Factbox-European companies offer one-off bonuses, hike pay amid cost-of-living crisis
(Reuters) -Companies across Europe are offering one-off bonuses and are under pressure to increase pay to help staff with surging food and energy bills over the winter, while many are bringing forward...
Oct 10, 2022
Peoria, IL, USA
37 °F Sunny
