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Bank of Israel unanimously backed 50 bps July hike to fight inflation -minutes
By Steven Scheer JERUSALEM (Reuters) - All six rate setters at the Bank of Israel supported raising the benchmark interest rate by 0.5 point to 1.25% at their July 4 meeting in a move that escalated a...
Syndicated Content Jul 18, 2022
Goldman profit halves but beats estimates as fixed-income trading shines
(Reuters) -Goldman Sachs Group Inc on Monday reported a smaller-than-expected 48% slump in second-quarter profit, buffered by the strength in its fixed-income trading as investors realigned their bets...
Syndicated Content Jul 18, 2022
U.S. wants to end dependence on China rare earths -Yellen
By Andrea Shalal SEOUL (Reuters) -The United States wants to end its "undue dependence" on rare earths, solar panels and other key goods from China to prevent Beijing from cutting off supplies as it h...
Syndicated Content Jul 18, 2022
Emirates says air travel must tough out disruption until 2023
FARNBOROUGH, England (Reuters) - The president of Dubai's Emirates, which has clashed with London's Heathrow over enforced capacity cuts, said on Monday that a badly disrupted air travel industry woul...
Syndicated Content Jul 18, 2022
Dubai transport start-up Swvl sees more customers ditch cars for buses
By Hadeel Al Sayegh DUBAI (Reuters) - Higher oil prices have helped Dubai-based transport startup Swvl attract customers as people in its bigger markets such as Egypt and Pakistan ditch their cars in ...
Syndicated Content Jul 18, 2022
Mexico’s unicorns unlikely to IPO locally, says Mexican exchange CEO
MEXICO CITY (Reuters) - Mexico's tech startups may be enjoying a boom, but its top stars are unlikely to list on the country's own stock market, the national exchange's chief executive told Reuters in...
Syndicated Content Jul 18, 2022
Ladysmith Black Mambazo shrug off power cut to sing for Mandela
By Tim Cocks JOHANNESBURG (Reuters) - Ladysmith Black Mambazo sang their warm-hearted choral harmonies in honour of peace icon Nelson Mandela on Sunday, with a 45-minute forced intermission caused by ...
Syndicated Content Jul 18, 2022
Leave our policy alone, Bank of England official tells UK’s Truss
LONDON (Reuters) - A top Bank of England official pushed back at suggestions from a leading candidate to become Britain's prime next minister that the government should set a "clear direction of trave...
Syndicated Content Jul 18, 2022
Porsche expects higher returns, China recovery in 2022
BERLIN (Reuters) - Volkswagen-owned Porsche expects revenue of 38 billion to 39 billion euros ($38.63 billion to $39.64 billion) in 2022 from 33.1 billion in 2021, the sportscar maker said on Monday, ...
Syndicated Content Jul 18, 2022
Microsoft president sees ‘new era’ of stagnating labor pool
By Jeffrey Dastin and Kenneth Li REDMOND, Wash. (Reuters) - U.S. companies are facing a "new era" in which fewer people are entering the workforce and pressure to pay higher salaries may become perman...
Syndicated Content Jul 18, 2022
Peoria, IL, USA
70 °F Partly cloudy
