Category Archives:
IMF chief admonishes UK officials over coherence of fiscal, monetary policies
By David Lawder WASHINGTON (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva on Thursday rebuked Britain over its planned tax cuts, telling its finance minister and centra...
Oct 13, 2022
Analysis-Saudi oil power play bruises U.S. ties but won’t break them
By Aziz El Yaakoubi and Ghaida Ghantous RIYADH (Reuters) - Neither side is backing down in a battle of wills over oil between Saudi Arabia's Crown Prince and U.S. President Joe Biden, putting severe s...
Oct 13, 2022
U.S. crude stockpiles surge on reserve releases; distillates draw down – EIA
By David Gaffen (Reuters) - U.S. crude stocks rose by nearly 10 million barrels last week after another big release from government reserves, while distillate inventories fell sharply, the Energy Info...
Oct 13, 2022
New York’s James seeks monitor to oversee Trump’s company before trial
By Luc Cohen NEW YORK (Reuters) - New York state Attorney General Letitia James on Thursday urged a court to appoint an independent monitor to oversee Donald Trump's family company before a civil frau...
Oct 13, 2022
Exclusive-ECB staff sees lower rate peak than market, sources say
By Balazs Koranyi and Francesco Canepa WASHINGTON/FRANKFURT (Reuters) - European Central Bank staff see the need for fewer rate hikes than markets now estimate to tame inflation, according to a new in...
Oct 13, 2022
Stellantis signs framework deal for Fiat vehicle production in Algeria
MILAN (Reuters) - Carmaker Stellantis said on Thursday it had signed a framework agreement with Algeria to develop activities of its Fiat brand in the county, including for local production of vehicle...
Oct 13, 2022
Novartis to cut its Irish workforce by up to 25%
DUBLIN (Reuters) - Novartis said on Thursday that it would cut up to 400 jobs in Ireland, or about a quarter of its workforce there, as part of a previously announced restructuring programme that will...
Oct 13, 2022
EU hopeful its electric cars can get level playing field in U.S. market
WASHINGTON (Reuters) - European Union and U.S. officials will hold talks on Thursday and Friday to discuss ways to grant EU companies, including electric car makers, the same status as U.S. ones in th...
Oct 13, 2022
Nikola founder was a ‘con man,’ U.S. prosecutor tells jurors
By Jody Godoy NEW YORK (Reuters) - A prosecutor on Thursday urged jurors to convict Nikola Corp founder Trevor Milton of fraud, calling him a "con man" who lied about the low-emission vehicle company ...
Oct 13, 2022
Biden says prices “too high” as inflation rises before midterms
By Jarrett Renshaw WASHINGTON (Reuters) - U.S. President Joe Biden said the consumer price index report released on Thursday shows some progress in the fight against higher prices but there is more wo...
Oct 13, 2022
Peoria, IL, USA
70 °F Partly cloudy
