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Italy approves new $14 billion aid package against inflation
By Giuseppe Fonte ROME (Reuters) - Italy approved on Friday a new aid package worth some 14 billion euros ($14 billion) to shield firms and families from surging energy costs and consumer prices, gove...
Syndicated Content Sep 16, 2022
Analysis-OPEC+ leaders like $100 oil, won’t necessarily defend it
By Alex Lawler and Marwa Rashad LONDON (Reuters) - Saudi Arabia and Russia, the de facto leaders of the OPEC+ oil producer group, see $100 a barrel as a fair price that the global economy can absorb, ...
Syndicated Content Sep 16, 2022
Space tech co Intuitive Machines to list in U.S. via $1 billion SPAC deal
(Reuters) - Space technologies provider Intuitive Machines LLC plans to merge with blank-check firm Inflection Point Acquisition Corp to go public in the United States through a deal valued at more th...
Syndicated Content Sep 16, 2022
London Fashion Week begins with tributes to Queen Elizabeth
By Sarah Mills LONDON (Reuters) - From an all-black opening look to models holding a picture of Queen Elizabeth, London Fashion Week began with tributes to the late monarch as fashionistas paid their ...
Syndicated Content Sep 16, 2022
Social media app Parler buys cloud-services provider
(Reuters) - Parler, a social media app popular with U.S. conservatives, said on Friday it has bought a cloud-services provider and is restructuring its business to focus on customers who run the risk ...
Syndicated Content Sep 16, 2022
Invesco raises $5.4 billion in China investments in first half; flags economic risks
By Selena Li HONG KONG (Reuters) - U.S. asset manager Invesco's Chinese joint venture withstood a volatile first half and attracted $5.4 billion from local investors, but the country's persistent zero...
Syndicated Content Sep 16, 2022
Analysis-Lower oil prices defy robust forecasts for global demand
By Noah Browning, Stephanie Kelly and Laura Sanicola LONDON (Reuters) - Oil prices have tumbled by around a quarter in the past three months, largely due to fears of a prolonged slump in global energy...
Syndicated Content Sep 16, 2022
Russian central bank trims key rate to 7.5%, does not signal further cut
By Andrey Ostroukh MOSCOW (Reuters) -Russia's central bank cut its key interest rate by 50 basis points to 7.5% on Friday as inflation slows and the economy needs cheaper lending to limit a slump, but...
Syndicated Content Sep 16, 2022
Cathay Pacific Airways raises passenger capacity forecast
(Reuters) -Hong Kong's Cathay Pacific Airways expects to reach a third of pre-pandemic passenger capacity by the end of the year, increasing a previous estimate of one quarter, after crew quarantine r...
Syndicated Content Sep 16, 2022
Biden administration targets crypto enforcement, digital asset rules
By Hannah Lang (Reuters) -U.S. government agencies must double down on digital asset sector enforcement and identify gaps in cryptocurrency regulation, the Biden administration said on Friday, citing ...
Syndicated Content Sep 16, 2022
Peoria, IL, USA
60 °F Partly cloudy
