Category Archives:
German economy beats expectations with 0.1% growth in Q2
BERLIN (Reuters) - The German economy grew in the second quarter, beating analyst expectations, supported by private and government spending despite the energy crisis, data showed on Thursday. Europe'...
Aug 25, 2022
India’s top refiner eyes net zero carbon emissions by 2046
NEW DELHI (Reuters) - Indian Oil Corp, the country's top refiner, has set a 2046 net zero carbon emissions goal, its chairman S. M. Vaidya said at annual shareholders meet on Thursday. India, one of t...
Aug 25, 2022
Novartis to spin off generics arm Sandoz and list it in Zurich
ZURICH (Reuters) -Novartis said on Thursday it would spin off Sandoz and list the biosimilars unit on the Swiss stock exchange to create the No.1 European generics company and a more focused parent gr...
Aug 25, 2022
Wake up and smell the coffee: Low-growth, high-inflation era beckons post-pandemic America
By Howard Schneider JACKSON, Wyo. (Reuters) - On paper, T.J. Semanchin's Wonderstate Coffee business seems more productive than ever, with fewer workers generating higher sales at the company's three ...
Aug 25, 2022
Marketmind: Cautious undertone, waiting for Jackson Hole
(Corrects typographical error in headline.) A look at the day ahead in European and global markets from Anshuman Daga. While Asian stocks managed to make modest gains on Thursday, there is a heavy air...
Aug 25, 2022
Fed’s Powell leaves kid gloves behind as he saddles up for Jackson Hole
(Reuters) - Federal Reserve Chair Jerome Powell's message on inflation and interest rates at this year's Jackson Hole central banking conference in Wyoming will strike a tone entirely different from t...
Aug 25, 2022
In isolated Russia, a tale of two economies
IZHEVSK, Russia (Reuters) - Russia's record employment signals a surprisingly smooth decoupling from the West. Its rapid replacement of McDonald's and Starbucks says business as usual. Yet pressures a...
Aug 25, 2022
China to promote fiscal, monetary policies to support job stabilisation
BEIJING (Reuters) -China will focus on creating jobs and promote fiscal, monetary and industrial policies to stabilise its labour market, Li Zhong, Vice Minister of the Ministry of Human Resources and...
Aug 24, 2022
BOJ’s Nakamura stresses need to maintain ultra-loose policy
By Leika Kihara TOKYO (Reuters) - The Bank of Japan must maintain massive stimulus to support an economy facing a resurgence in COVID-19 infections and slowing global demand, one of its board member s...
Aug 24, 2022
S.Korea seeks cooperation with EU over U.S. Inflation Reduction Act
By Joyce Lee and Heekyong Yang SEOUL (Reuters) - South Korea will seek cooperation with the European Union over the U.S. Inflation Reduction Act that excludes electric vehicles (EVs) assembled outside...
Aug 24, 2022
Peoria, IL, USA
50 °F Sunny
