Category Archives:
New Zealand consumers, businesses gloomy, economic risks grow
By Lucy Craymer WELLINGTON (Reuters) - New Zealand is at growing risk of sliding into a recession in the second half of 2022, some economists said on Friday, as consumers and businesses fret over soar...
Jul 28, 2022
Ackman says rates should be ‘materially higher’ to kill inflation
(Reuters) - Billionaire investor Bill Ackman on Thursday said he expected inflation to come down soon, but not to the level of 2% unless the U.S. Federal Reserve maintained "materially higher" interes...
Jul 28, 2022
Analysis-Wall Street weighs job cuts as deals slide in battered markets
By Saeed Azhar NEW YORK (Reuters) - Wall Street bosses are in a bind about whether to cut investment bankers or keep them on staff in hopes of a recovery from a brutal first half. With risks of a rece...
Jul 28, 2022
StanChart announces $500 million share buyback as first-half profit climbs 19%
SINGAPORE (Reuters) - Standard Chartered on Friday reported first-half pre-tax profit rose 19%, in line with market expectations, as the emerging markets-focused lender benefited from rising interest ...
Jul 28, 2022
Exclusive-Mexico’s Pemex expects rare annual profit – CEO
By Ana Isabel Martinez MEXICO CITY (Reuters) - Mexican state oil company Pemex expects to post a rare annual profit this year, with two consecutive quarters already in the black and a boost to crude o...
Jul 28, 2022
Texas school principal reinstated after suspension over Uvalde shooting-report
(Reuters) - The principal of the Texas elementary school where a gunman went on a rampage in May has been reinstated to her position, ABC News reported on Thursday, citing her attorney. Mandy Gutierre...
Jul 28, 2022
After disaster a year ago, Oregon endures oppressive heat once again
By Matt McKnight PORTLAND, Ore. (Reuters) - The northwestern United States is enduring an extreme heat wave for the second straight summer, with this year perhaps less deadly but more prolonged. The N...
Jul 28, 2022
Crypto platform Zipmex files for bankruptcy protection in Singapore
(Reuters) - Southeast Asia-focused cryptocurrency exchange Zipmex said it had filed for bankruptcy protection in Singapore, becoming the latest victim of the global downturn in digital currencies. Sin...
Jul 28, 2022
Philippine central bank chief sees 2023 inflation back within target band
MANILA (Reuters) - The Philippine central bank expects inflation to ease back to within its 2%-4% target band next year, from a projected average of 5% this year, its governor said on Friday. Bangko S...
Jul 28, 2022
China will step up efforts to stabilise foreign trade in H2 – commerce ministry
BEIJING (Reuters) - China will strengthen efforts to stabilise foreign trade in the second half of the year, the commerce ministry said on Friday. The country's foreign trade faces "high risks, diffic...
Jul 28, 2022
Peoria, IL, USA
54 °F Overcast
