Category Archives:
Credit Suisse to name Ulrich Korner as its next CEO – FT
(Reuters) - Credit Suisse is set to announce Ulrich Korner as its new chief executive officer, replacing Thomas Gottstein, the Financial Times reported on Tuesday. Credit Suisse did not immediately re...
Jul 26, 2022
South Korean inflation expectations highest in at least 20 years – central bank data
SEOUL (Reuters) - South Korean consumers' inflation expectations in July hit their highest in at least 20 years, a central bank survey showed on Wednesday, suggesting a rising challenge for authoritie...
Jul 26, 2022
Teva reaches proposed $4.25 billion settlement of U.S. opioid lawsuits
WILMINGTON, Del. (Reuters) - Teva Pharmaceutical Industries announced a $4.25 billion proposed nationwide settlement on Tuesday that could resolve thousands of lawsuits over the drugmaker's alleged ro...
Jul 26, 2022
Mexico’s Televisa posts 44% jump in Q2 net profit
MEXICO CITY (Reuters) - Grupo Televisa, Mexico's largest broadcaster, reported on Tuesday a 44% jump in net profit in the second quarter compared with the year earlier period. The company posted a net...
Jul 26, 2022
Singapore’s GIC flags market risks; inflation here to stay
By Anshuman Daga and Yantoultra Ngui SINGAPORE (Reuters) - Singapore sovereign wealth fund GIC, one of the world's biggest investors, is bracing for muted investment returns and expects little respite...
Jul 26, 2022
Galesburg shooting leaves man dead
PEORIA, Ill. – A Galesburg man who was shot during an incident at a local bar has since lost his life. Peoria County Coroner Jamie Harwood says Gregory Tucker, 33, was pronounced brain dead at a...
Jul 26, 2022
White House does not plan additional oil reserve releases beyond 6-month window
WASHINGTON (Reuters) - The Biden administration does not plan to continue releases from the Strategic Petroleum Reserve (SPR) beyond the original six-month period, White House economic adviser Brian D...
Jul 26, 2022
South Carolina abortion ban allowed as high court hears challenge
By Brendan Pierson (Reuters) - A South Carolina judge on Tuesday declined to block the state's ban on abortions after about six weeks of pregnancy while the state's Supreme Court considers a challenge...
Jul 26, 2022
Cutting U.S. deficits would help the Fed tame inflation, White House says
WASHINGTON (Reuters) - The Biden administration's goal of cutting deficits would help the Federal Reserve in its efforts to cut inflation, a top White House economic adviser said on Tuesday. "Enacting...
Jul 26, 2022
S&P revises Italy’s outlook to stable from positive
(Reuters) - S&P Global Ratings said on Tuesday it had revised its outlook on its unsolicited BBB/A-2 ratings on Italy to stable from positive. The ratings agency, which affirmed all of its sovereign r...
Jul 26, 2022
Peoria, IL, USA
52 °F Rain
