Category Archives:
Euro interbank borrowing rates see biggest daily surge in over 10 years
By Yoruk Bahceli (Reuters) -Euro area interbank borrowing rates saw their biggest daily jumps in over 10 years on Tuesday, reflecting huge increases in market expectations for European Central Bank ra...
Jun 14, 2022
U.S. producer prices increase strongly in May
WASHINGTON (Reuters) - U.S. producer prices increased solidly in May amid a surge in the cost of energy products, suggesting inflation could remain elevated for a while. The producer price index for f...
Jun 14, 2022
FedEx raises dividend by over 50%, adds two directors to board
(Reuters) -U.S. delivery firm FedEx Corp on Tuesday raised its quarterly dividend by more than 50% to $1.15 per share, sending its shares 10% higher in premarket trading. The company also said it woul...
Jun 14, 2022
Moderna COVID vaccine may pose higher heart inflammation risk – U.S. CDC
(Reuters) - Moderna's COVID-19 vaccine may pose a higher risk of heart inflammation than Pfizer-BioNTech's in shot some age groups, the U.S. Centers for Disease Control and Prevention said on Tuesday....
Jun 14, 2022
OPEC sticks to forecast of 2022 oil demand exceeding pre-pandemic levels but sees risks
By Alex Lawler LONDON (Reuters) - OPEC has kept to its forecast that world oil demand will exceed pre-pandemic levels in 2022, but said Russia's invasion of Ukraine and developments around the coronav...
Jun 14, 2022
Ryanair’s Portuguese cabin staff to strike for three days in late June, union says
LISBON (Reuters) - Ryanair's Portuguese cabin staff will go on strike for three days in late June, Portugal's union of civil aviation personnel SNPVAC said on Tuesday. The workers, demanding complianc...
Jun 14, 2022
Coinbase to cut 1,100 jobs amid turmoil in crypto markets
(Reuters) -Cryptocurrency exchange Coinbase Global Inc said on Tuesday it would slash 18% of its workforce, or about 1,100 jobs, as part of efforts to rein in costs amid volatile market conditions. Th...
Jun 14, 2022
Shanghai Disney Resort to reopen Disneytown, hotel on June 16
BEIJING (Reuters) - Shanghai Disney Resort said on Tuesday it will reopen Disneytown and Shanghai Disneyland hotel on June 16 but the main Disneyland park will remain closed until further notice. Toy ...
Jun 14, 2022
Tesla India policy executive quits after company puts entry plan on hold -sources
By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) - A key executive who was leading Tesla's lobbying effort in India has resigned, weeks after the U.S. carmaker put on hold plans to sell electric car...
Jun 14, 2022
Short-video app Triller and SeaChange call off $5 billion merger
(Reuters) - Short-video app Triller said on Tuesday it had ended its merger agreement with SeaChange International Inc, a provider of video advertising and streaming technology, sending shares of the ...
Jun 14, 2022
Peoria, IL, USA
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