Category Archives:
Bill Ackman bets Hong Kong dollar peg can break
SINGAPORE (Reuters) - Billionaire investor Bill Ackman said he's betting the Hong Kong dollar can fall and said it's matter of time before its peg to the U.S. dollar breaks. "We have a large notional ...
Nov 23, 2022
S.Korean central bank hikes rates by 25 bps, slows tightening pace
By Cynthia Kim and Jihoon Lee SEOUL (Reuters) - South Korea's central bank raised interest rates by a more modest 25 basis points on Thursday, slowing the pace of policy tightening as it tries to tame...
Nov 23, 2022
Residents favor on-site cannabis consumption; Peoria City Council doesn’t
PEORIA, Ill. – The Peoria City Council, now officially has on first reading, proposed changes to an ordinance on how cannabis businesses can operate in the city. There are a number of proposals ...
Nov 23, 2022
Venezuela’s anti-inflation efforts dealt blow as currency tumbles
CARACAS (Reuters) - Venezuela's effort to curb high inflation by stabilizing exchange rates is becoming less effective as the local bolivar currency slips in value against the dollar, analysts said on...
Nov 23, 2022
Japan Nov factory activity shrinks at quickest pace in 2 years
TOKYO (Reuters) - Japan's manufacturing activity contracted at the fastest pace in two years in November as demand worsened due to strong inflationary pressures, a business survey showed on Thursday. ...
Nov 23, 2022
Amazon UK adds e-cargo bikes, walkers in decarbonisation drive
LONDON (Reuters) - Amazon UK said it would expand its electric-cargo bike fleet and make more deliveries on foot to accelerate the decarbonisation of the transportation network it uses to deliver pack...
Nov 23, 2022
Bankers pour cold water on red hot coal
By Sarah McFarlane and Clara Denina LONDON (Reuters) - It's the best of times, it's the worst of times. At least when it comes to mining coal. After years of decline, demand for the polluting fossil f...
Nov 23, 2022
Workers to decide whether to unionize Ohio GM-LG battery joint venture
By David Shepardson (Reuters) - Workers next month will decide whether to unionize at a General Motors-LG Energy battery cell manufacturing joint venture in Ohio, a U.S. government agency said. The Na...
Nov 23, 2022
FTC likely to file lawsuit to block Microsoft’s $69 billion bid for Activision – Politico
(Reuters) - The U.S. Federal Trade Commission (FTC) is likely to file an antitrust lawsuit to block Microsoft Corp's $69 billion takeover bid for video game publisher Activision Blizzard Inc, Politico...
Nov 23, 2022
Berkshire Hathaway says Warren Buffett donates shares to family charities
(Reuters) - Berkshire Hathaway Inc said Warren Buffett has donated more of his fortune to four family charities, without disclosing whether the billionaire chairman made a new donation to the Bill & M...
Nov 23, 2022
Peoria, IL, USA
78 °F Sunny
