Category Archives:
U.S. recession still likely despite resilient economic data – PIMCO
NEW YORK (Reuters) - U.S. bond manager Pacific Investment Management Company (PIMCO) is sticking to its previous forecast that the U.S. economy is headed toward a recession, despite recent data indica...
Feb 08, 2023
Hermes wins U.S. trademark trial over ‘MetaBirkin’ NFTs – defendant’s lawyer
By Blake Brittain (Reuters) -A Manhattan federal jury on Wednesday concluded that an artist's non-fungible token versions of Hermes' famous Birkin bags violated the French fashion house's trademark ri...
Feb 08, 2023
Russian weekly consumer prices climb ahead of central bank rate decision
MOSCOW (Reuters) -Russia recorded a rise in weekly consumer prices, extending the previous week's gain, data from statistics service Rosstat showed on Wednesday, cementing expectations the central ban...
Feb 08, 2023
Tree study shows how drought may have doomed ancient Hittite empire
By Will Dunham WASHINGTON (Reuters) - Around 1200 BC, human civilization experienced a harrowing setback with the near-simultaneous demise or diminishment of several important empires in the Middle Ea...
Feb 08, 2023
Russia’s 2022 economic fall seen in lower incomes, slumping consumer demand
By Alexander Marrow MOSCOW (Reuters) - Russian consumer demand contracted at its fastest pace in seven years in 2022 and real disposable incomes fell, data released on Wednesday showed, as the country...
Feb 08, 2023
White House says blog post on Nord Stream explosion ‘utterly false’
WASHINGTON (Reuters) - The White House on Wednesday dismissed a blog post by a U.S. investigative journalist alleging the United States was behind explosions of the Nord Stream gas pipelines as "utter...
Feb 08, 2023
China car sales plunge 38% in January as subsidies, tax cut end
SHANGHAI/BEIJING (Reuters) - China's passenger car sales slumped 38% in January, reversing a 2.4% gain in the previous month, industry data showed on Wednesday, as demand weakened after a tax cut on c...
Feb 08, 2023
Twitter restricted in Turkey, NetBlocks says
ISTANBUL (Reuters) - Twitter has been restricted in Turkey on Wednesday, the Netblocks internet observatory said, two days after a major earthquake that has killed more than 11,000 people in southern ...
Feb 08, 2023
U.S. imposes sanctions on MS-13 gang members in Nicaragua, Honduras
WASHINGTON (Reuters) - The U.S. Treasury Department imposed sanctions on Wednesday on two members of the international criminal gang MS-13, accusing them of involvement in drug trafficking and murder ...
Feb 08, 2023
B. Riley shares drop after short-seller Wolfpack Research takes aim
(Reuters) - Shares of investment bank B. Riley Financial fell more than 8% after short-seller Wolfpack Research on Wednesday disclosed a short position in the stock. B. Riley had overleveraged to buy ...
Feb 08, 2023
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