Category Archives:
Fed’s Powell tests positive for COVID, has mild symptoms
WASHINGTON (Reuters) -Federal Reserve Chair Jerome Powell tested positive for COVID-19 on Wednesday and is experiencing mild symptoms, the U.S. central bank said in a statement. Powell is up to date o...
Jan 18, 2023
Lufthansa bids for stake in Italian airline ITA
By Angelo Amante and Giuseppe Fonte BERLIN/ROME (Reuters) -German carrier Lufthansa said on Wednesday it had offered to buy an initial minority stake in ITA Airways, Italy's state-owned successor to A...
Jan 18, 2023
Zambia received ‘debt-for-nature’ proposal from WWF for $13 billion restructuring
By Marc Jones and Rachel Savage LONDON (Reuters) - Zambia received a 'debt-for-nature swap' proposal as part of its $13 billion restructuring discussions, a move that while complex to secure and not p...
Jan 18, 2023
Northvolt says ‘believes in Germany’, battery plant talks ongoing
By Victoria Waldersee BERLIN (Reuters) - Northvolt believes in Germany as an industrial location and continues discussions on building a battery plant there, it said on Wednesday amid speculation that...
Jan 18, 2023
U.S. to announce international cryptocurrency action -statement
WASHINGTON (Reuters) - The U.S. Justice Department will "announce a major, international cryptocurrency enforcement action" on Wednesday, it said in a statement, without offering further details. U.S....
Jan 18, 2023
U.S. home builder spirits brighten to kick off 2023, NAHB says
By Dan Burns (Reuters) - Confidence among U.S. single-family homebuilders improved for the first time in more than a year in January, potentially signaling the housing slump may have reached its low p...
Jan 18, 2023
U.S. manufacturing output tumbles in December
WASHINGTON (Reuters) - Production at U.S. factories fell more than expected in December and output in the prior month was weaker than previously thought, indicating that manufacturing was rapidly losi...
Jan 18, 2023
Air France says it won’t bid for Italy’s ITA Airways
PARIS (Reuters) - Air France-KLM said on Wednesday it had informed the Italian government it would not bid for an equity stake in its flag carrier ITA Airways. Sources earlier this month told Reuters ...
Jan 18, 2023
Croatia clashes with traders over post-euro ‘wild’ price hikes
By Antonio Bronic and Daria Sito-Sucic ZAGREB (Reuters) - The Croatian government and businesses are at loggerheads as traders dismiss measures aimed at battling price hikes after the introduction of ...
Jan 18, 2023
Microsoft to cut 10,000 jobs as tech layoffs intensify
(Reuters) - Microsoft Corp said on Wednesday it would cut 10,000 jobs by the end of the third quarter of fiscal 2023, the latest sign that layoffs were accelerating in the U.S. technology sector as co...
Jan 18, 2023
Peoria, IL, USA
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