Category Archives:
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
EU countries eye deal on more energy measures within weeks
By Kate Abnett BRUSSELS (Reuters) - European Union countries will seek a November deal on more emergency measures to tackle high gas prices, officials said, although countries still disagree on what f...
Oct 10, 2022
Rivian shares skid after EV maker recalls nearly all vehicles
(Reuters) - Shares of Rivian Automotive Inc fell 7% on Monday after the electric-vehicle maker recalled nearly all its vehicles, exacerbating investor concerns that the company may not be able to meet...
Oct 10, 2022
Inflation, early shopping to slow U.S. online holiday spending – report
By Ananya Mariam Rajesh and Aatrayee Chatterjee (Reuters) - U.S. online holiday sales are expected to rise this year at their slowest pace since at least 2015, according to a report, as shoppers feel ...
Oct 10, 2022
Honeywell to make lower-carbon aviation fuel from ethanol
By Stephanie Kelly NEW YORK (Reuters) - Tech firm Honeywell International Inc will roll out technology that could increase supplies of lower-carbon aviation fuel produced from ethanol, the company sai...
Oct 10, 2022
Deutsche Post to hike FY guidance after Q3 profit rise
BERLIN (Reuters) - German logistics company Deutsche Post will hike its full-year guidance when it reports third-quarter financial results on Nov. 8, it said on Monday, citing a rise in quarterly prof...
Oct 10, 2022
Futures slip on escalating Ukraine war, dip in chip stocks
By Ankika Biswas (Reuters) - U.S. stock index futures slipped on Monday, as an intensifying war in Ukraine and U.S. curbs on chip technology exports to China hit investors' appetite for risk assets ah...
Oct 10, 2022
Former Sephora stores reopen in Russia under new ownership, Ile de Beauté brand
MOSCOW (Reuters) - Some of LVMH retail beauty brand Sephora's stores reopened in Russia on Monday as Ile de Beaut, the Russian firm said, the latest rebranding in the country's retail space as firms e...
Oct 10, 2022
Swiss National Bank cuts overnight deposits by 30 billion francs
ZURICH (Reuters) - The amount of commercial bank cash held overnight with the Swiss National Bank fell by 30 billion Swiss francs ($30.07 billion) last week, data on Monday showed, illustrating how th...
Oct 10, 2022
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