Category Archives:
Exclusive-Kaisa offshore creditors offer $2 billion to take over stalled projects – sources
By Clare Jim HONG KONG (Reuters) - An offshore bondholders' group of cash-strapped Kaisa is offering up to $2 billion to acquire stalled housing projects of the Shenzhen-based developer to facilitate ...
Sep 19, 2022
Organized groups fuel rapid rise in U.S. book-banning, report says
By Daniel Trotta (Reuters) - Book bans accelerated across the United States during the 2021-2022 school year, largely through the efforts of organized groups that called on public schools to remove mo...
Sep 19, 2022
Daimler Truck CEO says output could be five times higher without supply chain problems
HANNOVER, Germany (Reuters) - Daimler Truck's deliveries could have been five times higher in 2021 and 2022 if it had not faced supply chain problems, its chief executive Martin Daum told Reuters. Dau...
Sep 19, 2022
Big U.S. bank CEOs to be grilled by Congress on consumer, social issues
By Pete Schroeder WASHINGTON (Reuters) - The chief executives of JPMorgan, Bank of America, Citigroup, Wells Fargo and other major U.S. retail banks will be grilled this week by lawmakers on a slew of...
Sep 19, 2022
Trump ally’s trial on foreign agent charges to start with jury selection
By Luc Cohen NEW YORK (Reuters) - Jury selection is set to begin on Monday in the trial of Tom Barrack, the private equity executive and onetime fundraiser for former President Donald Trump, on charge...
Sep 19, 2022
Fed prepares to update racing odds as inflation bucks the reins
By Howard Schneider WASHINGTON (Reuters) - The Federal Reserve, after chasing inflation for the better part of a year, will look ahead as far as 2025 in new projections this week that will show more f...
Sep 19, 2022
Exact number of interest rate hikes will be data-dependent, ECB’s De Guindos says
MADRID (Reuters) - The exact of further interest rates by the European Central Bank will depend on upcoming macroeconomic data, ECB Vice-president Luis de Guindos said on Monday. "Monetary policy alwa...
Sep 19, 2022
Amazon halts construction of new warehouses in Spain until 2024 – El Confidencial
MADRID (Reuters) - Amazon.com Inc has suspended the construction of new warehouses in Spain until 2024, Spanish news website El Confidencial said on Monday, citing unidentified company sources. El Con...
Sep 19, 2022
Britain’s financial watchdog says FTX may be operating in UK without authorisation
LONDON (Reuters) - Britain's Financial Conduct Authority said on Friday cryptocurrency exchange FTX may be offering financial services or products in the UK without its authorisation. FTX is one of th...
Sep 19, 2022
Ameren: Over 1,300 customers still without power in the area
PEORIA, Ill. – According to the Ameren Illinois Outage Map, 1,326 customers in Peoria County are still without power midday after strong storms moved through Central Illinois Sunday night. Just ...
Sep 19, 2022
Peoria, IL, USA
42 °F Rain, Mist
