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US import prices fall in February, post first annual drop since 2020
WASHINGTON (Reuters) - U.S. import prices fell in February as a decline in the cost of fuels offset increases in food, capital and consumer goods, resulting in the first annual decline since 2020. Imp...
Syndicated Content Mar 16, 2023
ECB pushes through 50 bps rate hike despite market turmoil
FRANKFURT (Reuters) - The European Central Bank pushed through another big increase in interest rates on Thursday, sticking to its inflation fight despite turmoil in financial markets that has raised ...
Syndicated Content Mar 16, 2023
U.S. single-family housing starts, building permits rebound in February
WASHINGTON (Reuters) - U.S. single-family homebuilding and permits for future construction rebounded in February, offering hope that the housing market was probably stabilizing after being hammered by...
Syndicated Content Mar 16, 2023
Thailand rushes to avert spill after accident on oil storage ship
BANGKOK (Reuters) - Authorities in Thailand on Thursday were working to avert a leak from a storage vessel carrying 400,000 barrels of crude oil. One crew member was killed after seawater entered the ...
Syndicated Content Mar 16, 2023
SVB collapse may prompt Fed to go slow on rate hikes
(Corrects typographical error in the second column header in the table) (Reuters) - Traders no longer expect a rate hike of 50 basis points by the U.S. Federal Reserve next week as the surprise collap...
Syndicated Content Mar 16, 2023
U.S. weekly jobless claims fall more than expected
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to continued labor market strength, though financial markets turm...
Syndicated Content Mar 16, 2023
UK bans TikTok on government devices
LONDON (Reuters) - British minister Oliver Dowden said on Thursday the government would ban the use of TikTok on government devices, saying there was a risk about how sensitive data could be used on c...
Syndicated Content Mar 16, 2023
Russia’s Avtovaz aims to almost double car sales in 2023
(Reuters) - Russia's top carmaker Avtovaz said on Thursday it plans to sell at least 370,000 vehicles this year, the TASS news agency reported - almost double last year's sales volumes. The company so...
Syndicated Content Mar 16, 2023
Saddam’s rusting yacht serves as picnic spot for Iraqi fishermen
BASRA, Iraq (Reuters) - Capsized in a river in southern Iraq, the rusting wreck of a yacht that belonged to Saddam Hussein serves as a stark reminder of his iron-fisted rule that ended with the U.S.-l...
Syndicated Content Mar 16, 2023
ABB invests in US robot factory as reshoring trend hots up
By John Revill ZURICH (Reuters) - ABB is expanding its main US robot factory as its customers there in the automotive, packaging and machinery industries confront a tight labour market as they bring p...
Syndicated Content Mar 16, 2023
Peoria, IL, USA
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