Category Archives:
U.S. retail sales fall more than expected in November; weekly jobless claims decrease
WASHINGTON (Reuters) - U.S. retail sales fell more than expected in November, likely payback after surging in the prior month, while the labor market remains tight, with the number of Americans filing...
Dec 15, 2022
Ericsson to reach lower end of margin goal range by 2024
STOCKHOLM (Reuters) - Swedish telecom equipment maker Ericsson said on Thursday it was committed to reaching the lower end of its long-term target of a profit (EBITA) margin of 15-18% by 2024 as it ou...
Dec 15, 2022
Biden to blacklist China’s YMTC, crackdown on AI chip sector
By Alexandra Alper WASHINGTON (Reuters) - The Biden administration on Thursday plans to add Chinese memory chipmaker YMTC and 21 "major" Chinese players in the artificial intelligence chip industry to...
Dec 15, 2022
China mulls new measures to support real estate sector – vice premier
BEIJING (Reuters) - China is mulling new measures to support its real estate sector in order to improve the balance sheets of the industry, the country's vice premier Liu He said on Thursday. China ha...
Dec 15, 2022
INSTANT VIEW: ECB delivers fourth straight increase but slows pace
The European Central Bank raised interest rates for the fourth time in a row on Thursday, and outlined plans to shrink its bloated balance sheet from March 2023 to contain inflation. The central bank ...
Dec 15, 2022
ECB to start offloading bond holdings in March
FRANKFURT (Reuters) - The European Central Bank said on Thursday it would start reducing its 5 trillion euro ($5.3 trillion) bond portfolio from March, its next step towards tighter policy as it tries...
Dec 15, 2022
ECB raises rates again, outlines balance sheet run off
FRANKFURT (Reuters) - The European Central Bank raised interest rates by half a percentage point on Thursday, its fourth successive hike, and outlined plans to shrink its bloated balance sheet from Ma...
Dec 15, 2022
ECB raises inflation, cuts 2023 growth projection
FRANKFURT (Reuters) - The European Central Bank raised its inflation projections for the euro zone on Thursday and said price growth would remain above its 2% target throughout a projection horizon th...
Dec 15, 2022
U.S. East Coast in path of powerful winter storm that killed 3 in South
(Reuters) - A sprawling winter storm was expected to unleash ice, snow and strong winds across the Northeast on Thursday after spawning dozens of tornadoes that claimed the lives of three people as it...
Dec 15, 2022
UK watchdog narrows dividend-stripping investigation
By Kirstin Ridley LONDON (Reuters) - A British investigation into a trading scheme that claimed multiple tax rebates on dividend payments, said by European countries to have siphoned billions of euros...
Dec 15, 2022
Peoria, IL, USA
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