Category Archives:
India ‘fairly’ confident of cutting fiscal deficit to 4.5% of GDP in 3 years -official
By Nikunj Ohri NEW DELHI (Reuters) - India is 'fairly' confident it can meet its target to cut its fiscal deficit by nearly 200 basis points to 4.5% of GDP in the next three years, assuming there is n...
Feb 02, 2023
On Groundhog Day, Punxsutawney Phil predicts six more weeks of winter
By Brendan O'Brien (Reuters) - The celebrated groundhog known as Punxsutawney Phil emerged from his Pennsylvania burrow on Thursday and saw his shadow, a sign of six more weeks of frosty weather in No...
Feb 02, 2023
Crypto exchange Kraken shuts Abu Dhabi office
(Reuters) - Cryptocurrency exchange Kraken has shut its Abu Dhabi office less than a year after securing a license in the region, a spokesperson said on Thursday, as the company seeks to sharpen its f...
Feb 02, 2023
SEC asks big hedge funds for employee phone review – Bloomberg News
The U.S. Securities and Exchange Commission has asked some major hedge funds to review certain employees' personal mobile phones for evidence of business dealings on unapproved channels, Bloomberg New...
Feb 02, 2023
U.S. factory orders rebound in December
WASHINGTON (Reuters) - New orders for U.S.-manufactured goods rebounded in December, but higher interest rates are weighing on business spending on equipment, which could keep manufacturing under pres...
Feb 02, 2023
Brazil currency firms, rate cut bets pushed back by central bank’s hawkish outlook
By Marcela Ayres BRASILIA (Reuters) - Brazil's currency firmed and interest rate futures jumped on Thursday as a more hawkish outlook from the central bank led economists to push back forecasts for ra...
Feb 02, 2023
OECD offers final guidance for global minimum corporate tax
PARIS (Reuters) - The Organisation for Economic Cooperation and Development detailed on Thursday the final guidance for governments on how to bring the new global minimum corporate tax into their law ...
Feb 02, 2023
Central banks should stick to ‘higher for longer’ interest rate approach – IMF
(Reuters) - Global central banks need to make clear to financial markets the probable need for interest rates to remain higher for longer in order to bring inflation sustainably back down to target an...
Feb 02, 2023
Central banks hike rates again, but a pause is coming
LONDON (Reuters) - Major central banks are steadily moving closer to a pause in their aggressive interest rate hiking campaigns. The U.S. Federal Reserve has just implemented its smallest rise of its ...
Feb 02, 2023
U.S. lawmakers ask for documents on Russian hackers targeting nuclear labs
WASHINGTON (Reuters) - U.S. lawmakers are calling for the Department of Energy to release documents detailing the targeting of American nuclear laboratories by Russian hackers last year. The call - is...
Feb 02, 2023
Peoria, IL, USA
42 °F Partly cloudy
