Category Archives:
Amazon down for thousands of users – Downdetector.com
(Reuters) - Amazon.com Inc was down for thousands of users on Wednesday, according to outage tracking website Downdetector.com. About 12,000 users reported issues with accessing the e-commerce platfor...
Dec 07, 2022
Israeli bank regulator predicts profit slowdown after 2022 gains
By Steven Scheer TEL AVIV (Reuters) - Israeli bank profits will slow somewhat next year after a robust 2022, the country's banking regulator said. Big profits have angered some consumers who say fees ...
Dec 07, 2022
Ghana hoping for IMF agreement by next week: finance ministry official
By Cooper Inveen and Christian Akorlie ACCRA (Reuters) - Ghana's economic recovery efforts could be delayed and complicated if a visiting team from the International Monetary Fund (IMF) leaves without...
Dec 07, 2022
Bank of England set to raise rates to 3.5% after inflation hits 41-year high
By David Milliken LONDON (Reuters) - The Bank of England looks set to raise interest rates to 3.5% or more next week, but policymakers appear increasingly split on how much tightening is needed to tam...
Dec 07, 2022
Used-car retailer Carvana slumps after Wedbush says bankruptcy risk rising
(Reuters) - Shares of Carvana Co fell 40% in morning trade on Wednesday after Wedbush raised the possibility of a debt default by the used-car retailer, which would increase the risk of bankruptcy, an...
Dec 07, 2022
Bank of Canada increases rates by 50 bps, says hikes may be over
TORONTO (Reuters) - The Bank of Canada on Wednesday hiked its benchmark overnight interest rate by 50 basis points to 4.25%, the highest level in almost 15 years, and signaled the tightening campaign ...
Dec 07, 2022
ECB seeks urgent regulation after multiple crypto bubbles burst
FRANKFURT (Reuters) - Crypto assets are here to stay so their regulation is urgently needed to protect investors and the stability of the global financial landscape, European Central Bank board member...
Dec 07, 2022
J.P.Morgan sees ‘milder’ euro zone economic contraction in fourth quarter
(Reuters) - J.P.Morgan on Wednesday forecast a "milder" fourth-quarter contraction in the euro zone after strong resilience of the household sector resulted in a better-than-expected economic growth i...
Dec 07, 2022
Wall Street opens lower as recession worries mount
(Reuters) - Wall Street's main indexes opened lower on Wednesday as warnings of a looming recession from major Wall Street bankers offset optimism around China relaxing its strict zero-COVID rules. Th...
Dec 07, 2022
Meta’s Whatsapp loses action against EU Data Protection Board – court statement
PARIS (Reuters) - The Court of Justice of the European Union said in a statement it had dismissed as inadmissible an action brought by WhatsApp against a decision of the European Data Protection Board...
Dec 07, 2022
Peoria, IL, USA
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