Category Archives:
Storm clouds gather over highly indebted companies, Moody’s says
By Matt Tracy WASHINGTON (Reuters) - Credit ratings agency Moody's Investors Service Inc said on Wednesday it has pushed more highly indebted companies to the bottom of its junk ratings barrel and tha...
Apr 19, 2023
Canadian housing starts fall 11% in March -CMHC
TORONTO (Reuters) - Canadian housing starts fell more than expected in March compared with the previous month as groundbreaking decreased on multiple unit and single-family detached urban homes, data ...
Apr 19, 2023
Credit squeeze ‘biggest threat’ to economic outlook – asset managers
By Nell Mackenzie PARIS (Reuters) - The biggest threat to the economic outlook is a credit squeeze that has not finished filtering through the financial system, two senior asset managers told a Europe...
Apr 19, 2023
Review into Australian central bank recommends new board structure
SYDNEY (Reuters) - The Australian government will reveal details of an external review into the operation of the country's central bank on Thursday, including recommendations to establish separate boa...
Apr 19, 2023
Glencore in hot pursuit of Teck with eyes on copper assets
(Reuters) - Swiss miner Glencore Plc said on Wednesday it was willing to raise its bid for Canada's Teck Resources Ltd, its latest attempt to bring the Canadian miner on the negotiation table ahead of...
Apr 19, 2023
Swiss government reiterates financial commitment to Credit Suisse deal
ZURICH (Reuters) -The Swiss government said commitments to the Swiss National Bank and UBS to ease the takeover of Credit Suisse will not be affected by parliament's rejection of 109 billion Swiss fra...
Apr 19, 2023
Spotify down for thousands of users
(Reuters) - Spotify was facing issues on Wednesday, the audio streaming platform said, with outage tracking website Downdetector reporting that the service was down for over 18,000 users in the United...
Apr 19, 2023
Record demand pushes silver into new era of deficits, Silver Institute says
LONDON (Reuters) - Global demand for silver rose by 18% last year to a record high of 1.24 billion ounces, creating a huge supply deficit, the Silver Institute said on Wednesday, predicting more short...
Apr 19, 2023
Stellantis recalls 131,700 Ram trucks over powertrain software issue – NHTSA
(Reuters) - Stellantis will recall 131,700 Ram 1500 pickup trucks manufactured in 2021 due to a powertrain software issue, the National Highway Traffic Safety Administration's (NHTSA) website showed o...
Apr 19, 2023
‘Red White & Boom’ to play in Peoria for 35th year
PEORIA, Ill. – It will be the 35th time Peoria radio stations including WMBD have come together to put on what organizers believe is the biggest 4th of July party around. “Carle Health Red...
Apr 19, 2023
Peoria, IL, USA
52 °F Light Rain With Thunderstorm
