Category Archives:
Swiss energy rescue helps fuel wider 2024 budget deficit forecast
ZURICH (Reuters) - Switzerland expects its budget deficit to widen to 6.7 billion Swiss francs ($7.46 billion) next year due to extraordinary spending on Ukrainian refugees and the electricity sector,...
Jun 28, 2023
Micron signs preliminary agreement for India chip facility
AHMEDABAD (Reuters) - U.S. memory chip firm Micron Technology on Wednesday signed a memorandum of understanding with the Indian government to build a semiconductor plant, its first factory in the coun...
Jun 28, 2023
BOJ’s Ueda: See good reason to shift policy if inflation re-accelerates into 2024
SINTRA, Portugal (Reuters) -Bank of Japan (BOJ) Governor Kazuo Ueda said on Wednesday the central bank would see good reason to shift monetary policy if it became "reasonably sure" that inflation woul...
Jun 28, 2023
Smoky skies hang over U.S. Midwest, East Coast, hurting air quality
By Brendan O'Brien CHICAGO (Reuters) - Smoke from raging Canadian wildfires hung over the U.S. Midwest and parts of the East Coast on Wednesday, creating hazy skies and worsening air quality, making f...
Jun 28, 2023
UK showing signs of persistent inflation, BoE’s Bailey says
SINTRA, Portugal (Reuters) - Bank of England Governor Andrew Bailey said last week's rise in interest rates reflected a resilient economy and unexpectedly persistent inflation, sticking closely to his...
Jun 28, 2023
Fed’s Powell does not rule out rate rise at coming meetings
By Michael S. Derby (Reuters) - Federal Reserve Chairman Jerome Powell, reiterating that most central bankers still see two rate rises happening this year, did not rule out more rate hike action at th...
Jun 28, 2023
Xponential denies short-seller’s allegations, says franchisee economics ‘strong’
(Reuters) - Xponential Fitness on Wednesday denied allegations made by Fuzzy Panda Research that the fitness chain was hiding losses at its brands and stores, saying the short-seller's report was "mis...
Jun 28, 2023
Indian govt meets Foxconn, Samsung, Reliance to improve PLI scheme
By Shivangi Acharya NEW DELHI (Reuters) - The Indian government met large global firms such as Foxconn, Samsung Electronics and Reliance Industries to find ways to boost manufacturing in the country w...
Jun 28, 2023
Spartan Capital broker faces probe tied to deals advised by Morgan Stanley – WSJ
(Reuters) - Federal prosecutors are investigating whether a broker at Spartan Capital Securities traded on confidential information about planned mergers and acquisitions illegally obtained from Morga...
Jun 28, 2023
Asset management firm Oaktree names co-CEOs to replace Wintrob
(Reuters) - Asset manager Oaktree Capital Management L.P. on Wednesday named insiders Robert O'Leary and Armen Panossian as co-CEOs to replace Jay Wintrob, who is resigning in the first quarter of 202...
Jun 28, 2023
Peoria, IL, USA
44 °F Mist
