Category Archives:
Higher inflation risks to give Russia no room to cut rates this year: Reuters poll
By Alexander Marrow and Elena Fabrichnaya MOSCOW (Reuters) - The Bank of Russia will not find room to cut interest rates in 2023 as increased budget spending has raised inflation risks, a Reuters poll...
Mar 01, 2023
Italy posts firm growth in 2022, but budget deficit overshoots
By Antonella Cinelli and Valentina Consiglio ROME (Reuters) - Italy posted firm economic growth of 3.7% last year but the budget deficit far exceeded official forecasts due to the cost of tax incentiv...
Mar 01, 2023
Tesla’s new Mexico plant could create up to 6,000 jobs – foreign ministry official
MEXICO CITY (Reuters) - Electric carmaker Tesla could create 5,000 to 6,000 jobs at a new plant planned for the northern Mexican state of Nuevo Leon, said Martha Delgado, a Mexican deputy foreign mini...
Mar 01, 2023
YouTube child data gathering faces UK scrutiny after complaint
LONDON (Reuters) - Britain's information regulator said on Wednesday it would look into an official complaint accusing Alphabet Inc's YouTube of illegally collecting data from millions of children. Th...
Mar 01, 2023
China’s Weibo ups stake in Inmyshow Digital with $315 million acquisition
(Reuters) - China's Weibo Corp said on Wednesday it was raising its stake in Shanghai-listed media marketing firm Inmyshow Digital Technology Group Co Ltd through the acquisition of ShowWorld Hong Kon...
Mar 01, 2023
Bundesbank posts first loss in over four decades as higher rates bite
FRANKFURT (Reuters) - Germany's Bundesbank recorded its first loss in over four decades last year as a string of European Central Bank rate hikes reduced the value of its bond holdings and also genera...
Mar 01, 2023
Factbox-Fed rate watch: Wall Street banks see longer hike cycle, higher rates
(Reuters) - As the U.S. economy holds up better than expected in the face of aggressive interest rate hikes, markets have started pricing in a higher peak rate as the Federal Reserve battles sticky in...
Mar 01, 2023
Theater chain AMC falls 8% on worries of slower box-office recovery
(Reuters) - AMC Entertainment Holdings Inc's shares fell 8% in premarket trading after the company's results underscored fears that theater-going would not return to pre-pandemic levels anytime soon a...
Mar 01, 2023
Lilly to cut insulin prices by 70% from fourth quarter
(Reuters) - Eli Lilly and Co said on Wednesday it would reduce prices by 70% for its most commonly prescribed forms of insulin. The U.S. drugmaker said the reduced prices for its branded insulin injec...
Mar 01, 2023
Russian internet speeds drop on hardware shortage, research finds
By Alexander Marrow MOSCOW (Reuters) - Russian mobile internet speeds dropped in regions outside Moscow in February, research from news and analysis firm Telecom Daily showed on Wednesday, as the depa...
Mar 01, 2023
Peoria, IL, USA
61 °F Sunny
