Category Archives:
Sky-high energy costs to fan fire under aluminium and zinc prices
By Peter Hobson LONDON (Reuters) - Slowing economic growth is weighing on industrial metals prices but zinc and aluminium are likely to outperform if sky-high energy prices force European smelters to ...
Aug 12, 2022
U.S. heightens export controls on advanced chip, gas turbine engine technologies
WASHINGTON (Reuters) - The United States has decided to strengthen export controls on technologies for advanced semiconductors and gas turbine engines that it deems essential to its national security,...
Aug 12, 2022
Brazil’s central bank chief says credit card will cease to exist soon
BRASILIA (Reuters) - Brazil's central bank chief Roberto Campos Neto on Friday said he believes credit cards will cease to exist soon due to the growth of the open finance system, through which client...
Aug 12, 2022
U.S. equity funds notch up biggest weekly inflow in seven weeks
(Reuters) - Investors were net buyers of U.S. equity funds in the week to Aug. 10, on bets that the Federal Reserve would slow the pace of its interest rate hikes as inflation concerns subside. Refini...
Aug 12, 2022
Dutch detain suspected developer of crypto mixer Tornado Cash
AMSTERDAM (Reuters) - Dutch authorities on Friday said they had arrested a 29-year-old man believed to be a developer for the crypto mixing service Tornado Cash, which the United States put on its san...
Aug 12, 2022
Soccer-Judge approves $24 million settlement between USWNT players, U.S. Soccer
(Reuters) - A federal judge in California has preliminarily approved a $24 million settlement between the U.S. women's national soccer team (USWNT) and governing body U.S. Soccer in a years-long dispu...
Aug 12, 2022
Global equity funds see first weekly inflow in seven weeks
(Reuters) - Global equity funds saw inflows in the week to Aug. 10 after six straight weeks of withdrawals, as investors took the view that the Federal Reserve might not be too aggressive with its int...
Aug 12, 2022
U.S. import prices decline for first time in seven months
(Reuters) -U.S. import prices posted their first decline in seven months in July, the Labor Department said on Friday, on lower costs for both fuel and nonfuel products. Import prices fell by a more-t...
Aug 12, 2022
India’s July inflation eases to 6.71% as some commodity prices fall
By Manoj Kumar NEW DELHI (Reuters) -India's consumer inflation dipped to 6.71% in July, easing for the third month in a row, helped by a slower increase in food and fuel prices and adding to expectati...
Aug 12, 2022
Prada seeks $1 billion valuation in Milan listing – Bloomberg News
(Refiles to add media packaging code) (Reuters) - Italian luxury group Prada SpA is considering seeking at least $1 billion from a second listing in Milan and is working with Goldman Sachs Group Inc o...
Aug 12, 2022
Peoria, IL, USA
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