Category Archives:
China says it will step up support for economy in 2023 amid COVID pains
By Kevin Yao BEIJING (Reuters) -China will focus on stabilising its $17-trillion economy in 2023 and step up policy adjustments to ensure key targets are hit, said a statement following an agenda-sett...
Dec 16, 2022
Spain to test cut in work hours to boost companies’ productivity
MADRID (Reuters) - Spain has launched a pilot project to help small and medium sized industrial companies cut the working week by at least half a day without denting salaries in an attempt to boost pr...
Dec 16, 2022
Investment banks ramp up peak rates forecasts after hawkish ECB
By Alun John LONDON (Reuters) - A flurry of investment banks raised their forecasts for where euro zone interest rates will peak, after the European Central Bank signalled on Thursday that hikes were ...
Dec 16, 2022
Stop blaming The Bahamas for FTX collapse, foreign minister says
By Jasper Ward and Brian Ellsworth (Reuters) - The Bahamas should not be blamed for the collapse of bankrupt cryptocurrency platform FTX, the country's foreign minister said on Friday, following repea...
Dec 16, 2022
China agreed to form global sovereign debt ’roundtable’: IMF chief
By Andrea Shalal WASHINGTON (Reuters) - Chinese officials have agreed to form a global sovereign debt "roundtable" that would include a wide variety of stakeholders, including private sector creditors...
Dec 16, 2022
U.S. equity funds gain first weekly inflow in four weeks
(Reuters) - U.S. equity funds saw net purchases in the week ended Dec. 14, as slowing inflation rates raised expectations that the Federal Reserve would cut back the pace of its interest rate hikes. A...
Dec 16, 2022
Biden plans to elevate Cindy McCain as executive director of WFP- Axios
(Reuters) - U.S. President Joe Biden is working to elevate Cindy McCain, widow of the late Republican Senator John McCain, as the executive director of World Food Program, Axios reported on Friday cit...
Dec 16, 2022
Faraday Future slides on signaling need for funds to start production
(Reuters) - Shares of Faraday Future Intelligent Electric tumbled 21% premarket on Friday after the company unveiled production plans for its much-delayed luxury electric car that hinged on securing a...
Dec 16, 2022
FTX debtors file bidding procedures motion for sale of four businesses
(Reuters) - FTX and its affiliated debtors said on Friday the company had filed a motion with the Bankruptcy Court seeking approval of bidding procedures to sell four businesses. Debtors of the bankru...
Dec 16, 2022
LyondellBasell raises reduction target for planet-warming emissions
(Reuters) - Chemicals company LyondellBasell Industries N.V. on Friday increased its greenhouse gas (GHG) reduction target for direct emissions, as well as indirect emissions from purchased energy, to...
Dec 16, 2022
Peoria, IL, USA
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