Category Archives:
Fed’s Kashkari: ‘prudent’ to use 50 bps hikes after July
(Reuters) - Minneapolis Federal Reserve Bank President Neel Kashkari on Friday said he supported the U.S. central bank's 0.75 percentage point interest-rate hike this week and could support another si...
Jun 17, 2022
Italy weighing state of alert amid Russian gas supplies squeeze
By Giuseppe Fonte and Francesca Landini MILAN (Reuters) - Italy may declare a heightened "state of alert" on gas next week if Russia continues to curb its supplies, two government sources said on Frid...
Jun 17, 2022
South Korea’s Innospace to launch rocket from Brazil in December -official
By Anthony Boadle BRASILIA (Reuters) - South Korean aerospace and defense company Innospace will be the first private business to send up a rocket from the Alcantara launch center in northern Brazil i...
Jun 17, 2022
Crypto hedge fund Three Arrows Capital considers asset sales, bailout – WSJ
(Reuters) - Cryptocurrency hedge fund Three Arrows Capital Ltd is exploring options, including the sale of assets and a bailout by another firm, the Wall Street Journal reported on Friday. The crypto ...
Jun 17, 2022
Goldman sees Turkey inflation of near 80% before relief comes
ISTANBUL (Reuters) - Goldman Sachs said on Friday it expects annual inflation in Turkey to reach almost 80% before easing to 60% by the end of 2022, thanks to so-called favourable base effects. Inflat...
Jun 17, 2022
Fed’s Bullard says soft landing ‘feasible’ for U.S. and Europe
(Reuters) - The U.S. Federal Reserve and the European Central Bank both have enough credibility to engineer a reduction in inflation without causing a deep recession like the last time the U.S. centra...
Jun 17, 2022
U.S. manufacturing output slips in May
WASHINGTON (Reuters) - Production at U.S. factories unexpectedly fell in May, suggesting some cooling in manufacturing, in part as spending shifts from goods to services. Manufacturing output dipped 0...
Jun 17, 2022
Russian rouble, stocks steady, defy global volatility
(Reuters) - The Russian rouble gained slightly on Friday, while stock markets dipped but remained steady compared with the extreme volatility of major U.S. and European bourses over recent days. At 12...
Jun 17, 2022
U.S. airline Allegiant sees strong demand lasting beyond summer
(Reuters) - Leisure airline Allegiant Travel Co said on Friday bookings beyond the summer travel season were trending above pre-pandemic levels, an early sign that demand was holding steady in the fac...
Jun 17, 2022
Novak says Russia waiting on Siemens, Canada over return of turbine
(Reuters) - Russia must wait and see what Germany's Siemens Energy and Canada offer in regard to equipment for the Nord Stream 1 gas pipeline, Deputy Prime Minister Alexander Novak said on Friday. Rus...
Jun 17, 2022
Peoria, IL, USA
78 °F Partly cloudy
