Category Archives:
Uganda says 2023/24 GDP growth to reach 6%
KAMPALA (Reuters) - Uganda's economy will expand by 6% in the next fiscal year that starts in July, an increase from a projected growth of 5.5% this year, boosted by petroleum industry-related investm...
May 30, 2023
US holiday air passenger travel tops 2019 pre-COVID levels
WASHINGTON (Reuters) - The Transportation Security Administration screened nearly 9.8 million passengers over the four-day Memorial Day weekend - about 300,000 more than over the same holiday period i...
May 30, 2023
US agency closes investigation into Tesla game feature
WASHINGTON (Reuters) - The National Highway Traffic Safety Administration (NHTSA) said Tuesday it is closing its investigation into 580,000 Tesla vehicles over the automaker's decision to initially al...
May 30, 2023
Factbox-What have OPEC+ producers said ahead of June oil policy meeting?
LONDON (Reuters) - Mixed signals by major OPEC producers and their main allies have sparked volatility in oil prices ahead of an OPEC+ oil policy meeting set to take place this weekend. Brent crude an...
May 30, 2023
Stellantis will need one or two additional U.S. battery plants – Tavares
BILLY-BERCLAU, France (Reuters) - Stellantis will need one or even two additional large factories in the United States to produce electric vehicle batteries in order to reach its global battery produc...
May 30, 2023
U.S. markets jump on high hopes of debt ceiling lift off
By Nell Mackenzie and Harry Robertson LONDON (Reuters) - Wall Street was tipped for a strong open on Tuesday, while the cost of insuring against a U.S. debt default fell and the safe-haven dollar weak...
May 30, 2023
Zimbabwe announces new measures to aid ailing local currency
HARARE (Reuters) - Zimbabwe's treasury has announced measures to encourage the use of the local dollar as opposed to the U.S. dollar, in a bid to boost the local unit and tame rising consumer inflatio...
May 30, 2023
India’s RBI to hold rates through year-end, cut in early 2024 – Reuters poll
By Anant Chandak and Vivek Mishra BENGALURU (Reuters) - The Reserve Bank of India (RBI) will leave its key interest rate unchanged at 6.50% on June 8 and for the rest of 2023 as it waits to see the ec...
May 30, 2023
Bank of Israel chief cautions of more interest rate hikes if shekel stays weak
By Steven Scheer and Ari Rabinovitch JERUSALEM (Reuters) -Israel's monetary policy is currently restrictive and at an appropriate level given moderating inflation, but interest rates could rise furthe...
May 30, 2023
Brazil’s Patria raises $118.3 million in SmartFit share offering
SAO PAULO (Reuters) - Brazilian private equity firm Patria Investments Ltd raised 591.73 million reais ($118.27 million) in a secondary offering to sell shares in local gym chain SmartFit, a securitie...
May 30, 2023
Peoria, IL, USA
57 °F Sunny
