Category Archives:
Texas power use to break records next week as heatwave returns
(Reuters) - Power demand in Texas will likely hit new all-time highs next week as economic growth boosts overall use and homes and businesses crank up their air conditioners to escape another heat wav...
Jul 01, 2022
Russian state companies hike salaries amid double-digit inflation
MOSCOW (Reuters) - Dominant lender Sberbank and gas giant Gazprom are among the major Russian companies raising salaries from July, faced with double-digit inflation and the need to retain top talent ...
Jul 01, 2022
Why sentiment in industrial metals has been crumbling
By Pratima Desai LONDON (Reuters) - Industrial metal prices have just seen their biggest quarter of falls in many years, with the market reflecting exposure to China's COVID lockdowns, inflation, risi...
Jul 01, 2022
Factbox: Dealmaking hits the rocks due to stormy markets
(Reuters) - Efforts by companies to strike merger agreements with buyout firms are floundering in stormy markets, with private equity struggling to raise financing for bids big enough to satisfy share...
Jul 01, 2022
U.S. orders 2.5 million more doses of Bavarian Nordic’s vaccine for monkeypox
(Reuters) -The U.S. government has ordered 2.5 million more doses of Bavarian Nordic's vaccine for use against monkeypox outbreaks, the Department of Health and Human Services said on Friday. The shot...
Jul 01, 2022
With a dash of spice, Reliance and Britain’s Pret bet on India’s changing tastes
By Aditya Kalra and Abhirup Roy NEW DELHI (Reuters) - British snack chain Pret will adapt its menu to local tastes when it opens in Indian cities and airports under a partnership with retail giant Rel...
Jul 01, 2022
U.S. construction spending unexpectedly falls in May
WASHINGTON (Reuters) - U.S. construction spending unexpectedly fell in May as single-family homebuilding stalled, more evidence that the Federal Reserve's aggressive monetary policy tightening was slo...
Jul 01, 2022
Peru firefighters control blaze near Machu Picchu, remain on alert
By Marco Aquino LIMA (Reuters) - Peruvian firefighters largely controlled wildfire near the Incan ruins of Machu Picchu on Friday, though remained alert for a possible resurgence of the blaze due to s...
Jul 01, 2022
India bans on single-use plastic to combat pollution
By Mayank Bhardwaj NEW DELHI (Reuters) - India on Friday imposed a ban on single-use plastics on items ranging from straws to cigarette packets to combat worsening pollution in country whose streets a...
Jul 01, 2022
U.S. manufacturing sector slows in June; new orders measure contracts – ISM
WASHINGTON (Reuters) - U.S. manufacturing activity slowed more than expected in June, with a measure of new orders contracting for the first time in two years, more evidence that the economy was cooli...
Jul 01, 2022
Peoria, IL, USA
46 °F Overcast
