Category Archives:
Fed’s Bostic says he’s split between 50 bps and 75 bps Sept rise – WSJ
(Reuters) - Federal Reserve Bank of Atlanta President Raphael Bostic said he hasn't decided if the Fed should increase interest rates by 50 basis points or 75 basis points at its policy meeting next m...
Aug 25, 2022
Thai king’s medical firm reports record profit after vaccine deal with AstraZeneca
BANGKOK (Reuters) - Thai drugmaker Siam Bioscience, owned by the country's king, reported a near 50-fold increase in annual profit in 2021, when it began producing AstraZeneca Plc's COVID-19 vaccine, ...
Aug 25, 2022
Ukraine economy could grow by 15.5% in 2023 after deep fall – minister
By Andrea Shalal KYIV (Reuters) - Ukraine's economy should stabilise over the coming year and expand by as much as 15.5% in 2023, depending on military developments in the war against Russia that bega...
Aug 25, 2022
Stellantis plant in Sochaux halted over chip shortage
PARIS (Reuters) - Car production at Stellantis' Sochaux car plant in France will be suspended until Saturday, the company confirmed to Reuters, after a union official cited semiconductor shortages as ...
Aug 25, 2022
German business sentiment falls less than expected in August
BERLIN (Reuters) - German business morale in August fell to its lowest reading since June 2020 amid high uncertainty due to the Ukraine war and fears of economic downturn in the third quarter, a surve...
Aug 25, 2022
Honda to cut output by up to 40% at Japan plants on supply disruptions
TOKYO (Reuters) - Honda Motor Co said on Thursday it would slash production plans by up to 40% in Japan early next month due to persistent supply chain and logistical issues. Its assembly plant in Sai...
Aug 25, 2022
Massive renewable energy needed to power Australia to net zero economy by 2050 – study
By Sonali Paul MELBOURNE (Reuters) - Australia will have to invest in renewable energy and carbon capture and storage at unprecedented speed and scale in order for the economy to achieve net zero carb...
Aug 25, 2022
Exclusive-Some Chinese financiers cold shoulder Beijing’s property rescue call-sources
By Xie Yu, Engen Tham and Julie Zhu HONG KONG/SHANGHAI (Reuters) - Some of China's state-backed financial institutions are pushing back on Beijing's calls to support the embattled property sector due ...
Aug 25, 2022
China’s Baidu reveals its first quantum computer called Qianshi
BEIJING (Reuters) - Chinese search engine giant Baidu Inc revealed its first quantum computer on Thursday and is ready to make it available to external users, joining the global race to apply the tech...
Aug 25, 2022
Rouble steadies near 60 vs dollar; TCS, M.Video shares down after results
MOSCOW (Reuters) - The Russian rouble stabilised near 60 against the dollar on Thursday, lacking new momentum, while shares in TCS, owner of Russia's Tinkoff Bank, and retailer M.Video-Eldorado fell a...
Aug 25, 2022
Peoria, IL, USA
50 °F Partly cloudy
