Category Archives:
Fed’s Mester: interest rates need to rise ‘somewhat above’ 4%
(Reuters) - The U.S. Federal Reserve will need to raise interest rates somewhat above 4% by early next year and then hold them there in order to bring too high inflation back down to the central bank'...
Aug 31, 2022
Venice film jury chief Julianne Moore says put art before business
VENICE (Reuters) - Art should trump business in any debate over the future of cinema, U.S. actor Julianne Moore said on Wednesday as she took charge of the jury at the Venice Film Festival. The 11-day...
Aug 31, 2022
Bosch to invest $200 million to make fuel cell stacks in South Carolina
(Reuters) - Bosch Group said on Wednesday it will invest more than $200 million to produce fuel cell stacks in its South Carolina facility, as the German auto supplier accelerates its transition to el...
Aug 31, 2022
Foreign tourism to Portugal surpasses pre-COVID levels in July
LISBON (Reuters) - The number of foreign tourists visiting Portugal slightly surpassed pre-pandemic levels in July for the first time since the end of most COVID-19 restrictions, data from the Nationa...
Aug 31, 2022
Pilots at Lufthansa’s Eurowings vote in favour of strike action
BERLIN (Reuters) - Pilots at Lufthansa's subsidiary Eurowings voted in favour of strike action on Wednesday but first want to continue wage negotiations with their employer, said pilots' union VC. Som...
Aug 31, 2022
Bed Bath & Beyond gets $500 million in financing, to shut 150 stores
(Reuters) - Bed Bath & Beyond Inc said on Wednesday it has secured more than $500 million in new financing as the cash-strapped home goods retailer battles a slump in demand and profit. The company sa...
Aug 31, 2022
Futures edge higher as tech stocks rebound, private jobs data on tap
(Reuters) - U.S. stock index futures edged higher on Wednesday as technology and growth stocks snapped back, while investors waited for private payrolls data to gauge how fast the Federal Reserve will...
Aug 31, 2022
Fossilized tusk from giant ancient elephant found in Israel
JERUSALEM (Reuters) - A fossilized tusk from a giant prehistoric elephant that once roamed around the Mediterranean has emerged from an excavation site in southern Israel, offering what archaeologists...
Aug 31, 2022
Brazil personal care firm MPM announces capital increase of up to $44 million
SAO PAULO (Reuters) - Brazilian personal care services provider MPM Corporeos SA, popularly known for its Espacolaser depilation brand, announced late on Tuesday a new capital increase to raise up to ...
Aug 31, 2022
Startup Gatik to deploy self-driving trucks for Pitney Bowes in Dallas
(Reuters) - Self-driving delivery truck startup Gatik will deploy its Class 6 box trucks for global shipping and mailing firm Pitney Bowes' ecommerce deliveries in Dallas, Texas, the companies said on...
Aug 31, 2022
Peoria, IL, USA
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