Category Archives:
Invesco to cut stake in India’s Zee by more than a third to 11%
MUMBAI (Reuters) - U.S. investment firm Invesco is set to cut its holding in India's Zee Entertainment by more than a third to 11%, it said on Wednesday, days after abandoning an attempt to shake up t...
Apr 06, 2022
Hungary PM Orban says price caps need to stay in place as much as possible
BUDAPEST (Reuters) - Hungary's price caps to protect households from surging inflation will stay in place until their current expiry date and possibly beyond that if prices remain high, Prime Minister...
Apr 06, 2022
Current COVID vaccines not ‘well-matched’ against BA.2 -FDA
(Reuters) -Current COVID-19 vaccines are not well-matched against the BA.2 sub-variant of Omicron, the U.S. Food and Drug Administration said on Wednesday, as its panel of outside experts meets to dis...
Apr 06, 2022
Russia’s new car sales slump 63% year on year in March
(Reuters) - New car sales in Russia fell 62.9% year-on-year in March, contracting for a ninth straight month, as the industry encountered an acute shortage and soaring prices caused by a sharp rouble ...
Apr 06, 2022
Bank of Canada to hike rates by 50 basis points in April- Reuters poll
By Shrutee Sarkar BENGALURU (Reuters) - The Bank of Canada will raise its overnight interest rate by 50 basis points at its next policy meeting on April 13, according to a majority of economists polle...
Apr 06, 2022
China’s cabinet flags more measures to support economy
BEIJING (Reuters) - China's cabinet on Wednesday held out the prospect of more measures to support an economy under pressure from a slowing global recovery, volatile commodity markets and COVID-19 out...
Apr 06, 2022
U.S. Commerce Secretary Raimondo tests positive for COVID-19
WASHINGTON (Reuters) -U.S. Commerce Secretary Gina Raimondo tested positive for COVID-19 on Wednesday after experiencing mild symptoms, the Commerce Department said. Raimondo, who is fully vaccinated ...
Apr 06, 2022
Italy slashes growth outlook as Ukraine weighs, confirms deficit goal – draft
By Giuseppe Fonte ROME (Reuters) - Italy has slashed its growth estimate for this year as the war in Ukraine weighs on the economy, while confirming a previous 2022 budget deficit target of 5.6% of na...
Apr 06, 2022
Binance’s U.S. unit valued at $4.5 billion in seed funding round
(Reuters) - Crypto exchange Binance's U.S. unit said on Wednesday it had raised over $200 million in a seed funding round, at a pre-money valuation of $4.5 billion. The company said RRE Ventures, Foun...
Apr 06, 2022
Tissi to take leading role at La Scala after leaving Bolshoi
By Sara Rossi MILAN (Reuters) - Italian Jacopo Tissi has returned to Milan's La Scala after the war in Ukraine prompted his abrupt departure from the Bolshoi Ballet in Moscow where he had been promote...
Apr 06, 2022
Peoria, IL, USA
66 °F Light Rain
