Category Archives:
Bank of Israel raises key rate by 1/2 point as inflation above 5%
JERUSALEM (Reuters) - The Bank of Israel on Monday raised its benchmark interest rate by half a point, the sixth straight meeting it has increased rates to try to cool inflation that remains above 5%....
Nov 21, 2022
Factbox-Aircraft lessors sue insurers for $6.5 billion over trapped Russian planes
LONDON (Reuters) - Aircraft leasing firms are suing dozens of insurers for around $6.5 billion in a string of lawsuits over the loss of hundreds of aircraft stuck in Russia since Moscow's invasion of ...
Nov 21, 2022
Disney’s Bob Iger returns to lead post-pandemic revamp
(Reuters) - Bob Iger is returning as Walt Disney Co's chief executive officer in a bid to restore confidence in the entertainment giant and chart a faster path to profitability for its streaming busin...
Nov 21, 2022
Azerbaijan economy to hit record $76.5 billion this year – president
BAKU (Reuters) - Azerbaijan's GDP will reach a record 130 billion manat ($76.5 billion) by the end of 2022, President Ilham Aliyev said on Monday. Fuelled by high energy prices, Azerbaijan's oil and g...
Nov 21, 2022
Exclusive-Hedge fund Hestia wants Pitney Bowes to review capital spend, e-commerce segment
By Svea Herbst-Bayliss NEW YORK (Reuters) - Hestia Capital Partners LP, which scored big gains on its GameStop bet, is pushing shipping and mailing company Pitney Bowes Inc to re-evaluate its capital ...
Nov 21, 2022
Disney’s Iger may have to cut costs as streaming loses money
(Reuters) - Bob Iger must show Wall Street a new side to his character as he returns to lead Walt Disney Co by cutting costs and restoring profits in just two years after splurging cash on acquisition...
Nov 21, 2022
Rivian employees file complaints of injuries, safety violations in Normal
NORMAL, Ill. — Rivian workers are accusing their employer of multiple safety violations at the company's Normal manufacturing plant, according to a new report from Bloomberg that details multipl...
Nov 21, 2022
Investor Irenic asks News Corp to explore alternatives to combination with Fox
(Reuters) - Activist investor Irenic Capital Management, which has a $150 million stake in News Corp, sent a letter to the company, asking its special committee formed to evaluate a deal with Fox Corp...
Nov 21, 2022
IMF to disburse $200 million to Democratic Rep. of Congo under credit line
DAKAR (Reuters) - The International Monetary Fund (IMF) said on Monday it would disburse $200 million to Democratic Republic of Congo for balance-of-payment support, pending executive board approval i...
Nov 21, 2022
Egypt’s central bank transfers subsidised loan programmes to govt in line with IMF demand
CAIRO (Reuters) - Egypt's central bank is transferring the administration and costs of its main subsidised loan programmes to the ministry of finance, according to a circular published on its website ...
Nov 21, 2022
Peoria, IL, USA
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