Category Archives:
Factbox-Analysts bet bumper Turkish rate hikes on the way
LONDON (Reuters) - Analysts at leading investment banks expect Turkey's new economic chiefs to start ramping up interest rates next week as part of a major reset of the country's economic policies. Pr...
Jun 13, 2023
Egypt to allocate $4.1 billion for food subsidies in 2023/24 – document
By Nayera Abdallah and Nadine Awadalla CAIRO (Reuters) - Egypt is allocating 127.7 billion Egyptian pounds ($4.14 billion) for its sprawling food subsidy programme out of a 3 trillion pound budget for...
Jun 13, 2023
Cool US May CPI rise supports Fed pause argument
NEW YORK (Reuters) - U.S. consumer prices rose moderately in May, leading to the smallest annual increase in inflation in more than two years, though underlying price pressures remained strong, suppor...
Jun 13, 2023
Fed seen holding rates steady this week after inflation data
(Reuters) -Federal Reserve policymakers are seen as far more likely to skip raising interest rates this week after government data Tuesday showed consumer price gains, while still too hot for comfort,...
Jun 13, 2023
US consumer prices slow in May; core inflation sticky
WASHINGTON (Reuters) - U.S. consumer prices rose moderately in May, leading to the smallest annual increase in inflation in more than two years, though underlying price pressures remained strong, supp...
Jun 13, 2023
Accenture looks to power AI efforts with $3 billion investment
(Reuters) - Accenture said on Tuesday it will invest $3 billion over three years into its data and AI practice, doubling the number of employees that are working with the cutting-edge technology at th...
Jun 13, 2023
Ten people shot in Denver after city’s NBA team wins championship
By Brendan O'Brien (Reuters) - Ten people were wounded in a shooting in downtown Denver, Colorado early on Tuesday after basketball fans poured onto city streets to celebrate the Denver Nuggets winnin...
Jun 13, 2023
Exclusive-Arex Capital pushes Enhabit to consider company sale – letter
By Svea Herbst-Bayliss NEW YORK (Reuters) - Hedge fund Arex Capital Management is urging Enhabit to put itself up for sale and wants the home health and hospice provider to begin a strategic review to...
Jun 13, 2023
Scientists fight claim EU nature law hurts farmers
By Kate Abnett BRUSSELS (Reuters) - Claims by centre-right lawmakers that the EU's flagship bill to restore nature will hurt farmers and endanger food security are not supported by scientific evidence...
Jun 13, 2023
Indiana confirms GM, SDI will build $3 bilion EV battery manufacturing plant
(Reuters) - General Motors and Samsung SDI will build a more than $3 billion EV battery cell plant in Indiana scheduled to begin operations in 2026, creating 1,700 manufacturing jobs, the state's gove...
Jun 13, 2023
Peoria, IL, USA
44 °F Overcast
