Category Archives:
LVMH’s Sephora to sell Russian subsidiary
PARIS (Reuters) - French luxury group LVMH's beauty retail chain Sephora said on Monday it was selling its Russian subsidiary to the local general manager. It added that the business would operate und...
Jul 11, 2022
No fries till autumn at some of McDonald’s Russian successor restaurants
MOSCOW (Reuters) - Excitement was on the menu when former McDonald's restaurants reopened in Russia last month under new management and branding, but the successor to the golden-arched throne has a pr...
Jul 11, 2022
U.S. consumers see inflation picking up in year ahead but moderating over longer term – NY Fed survey
(Reuters) - U.S. consumers see inflation rising further in the year ahead but expect a more moderate pace over the longer term in a signal that inflation expectations - a key dynamic being closely wat...
Jul 11, 2022
Northrop Grumman completes design review of high-energy laser for U.S. DoD
(Reuters) - U.S. weapons maker Northrop Grumman Corp said on Monday it has completed the preliminary design review for a high-energy laser that would have several defense applications if scaled. The c...
Jul 11, 2022
UK’s Javid sets out tax-cutting plan in pitch to be PM
LONDON (Reuters) - Sajid Javid, a contender to replace Boris Johnson as Britain's prime minister, said on Monday he would cut a slew of taxes and hold an emergency budget to increase help for househol...
Jul 11, 2022
Brazil will continue with its interest rate instrument, says cenbank director
BRASILIA (Reuters) - Brazilian central bank director Diogo Guillen said on Monday that policymakers continue to have interest rates as a policy instrument, but will assess how to best use it in the fu...
Jul 11, 2022
What’s next for Peoria’s Carl Cannon?
PEORIA, Ill. — Peoria Park District will be celebrating Carl Cannon’s many years of service and achievements with a news conference on Wednesday, July 13 at the Noble Center. Park District...
Jul 11, 2022
Kansas City Fed’s George warns “abrupt” rate changes could strain economy
WASHINGTON (Reuters) - Faster than expected changes to the federal funds rate could stress the economy and financial markets, with steady and well-communicated increases preferable in the current unce...
Jul 11, 2022
German union demands 8% wage hike for metal, electrical industry workers
BERLIN (Reuters) - German labour union IG Metall is demanding an 8% wage hike for around 3.8 million workers in the metal and electric industry amid spiking inflation, it said in a statement on Monday...
Jul 11, 2022
Mali’s cotton trucks race to the border after sanctions ease
By Ange Aboa TENGRELA, Ivory Coast (Reuters) - After months stuck at home unable to provide for his family, Malian truck driver Ibrahima Sangare is delighted to be back on the road after the lifting o...
Jul 11, 2022
Peoria, IL, USA
45 °F Overcast
