Category Archives:
S&P downgrades Credit Suisse Group, Moody’s cuts some ratings
ZURICH (Reuters) - S&P Global Ratings has downgraded Credit Suisse Group's long-term issuer credit rating by one notch to BBB- and cut its view on main operating unit Credit Suisse AG and other core s...
Nov 02, 2022
China vows commitment to growth as pressure on economy mounts
HONG KONG/BEIJING (Reuters) - Chinese policymakers pledged on Wednesday that growth was still a priority and they would press on with reforms, in an apparent bid to soothe fears that ideology could ta...
Nov 02, 2022
Futures edge higher as investors await Fed decision
(Reuters) - U.S. stock index futures inched higher on Wednesday ahead of a widely expected interest rate hike from the Federal Reserve, with investors looking for signs the central bank could tone dow...
Nov 02, 2022
COVID, Ukraine war cost German economy 420 billion euros – study
BERLIN (Reuters) - The COVID-19 pandemic and the war in Ukraine collectively cost the German economy 420 billion euros ($415.38 billion) in lost value creation between 2020 and 2022, according to a st...
Nov 02, 2022
Energy crisis putting most German firms under duress -survey
BERLIN (Reuters) -The energy crisis is impacting nearly every branch of the German economy, with the number of companies that see high energy costs due to the Ukraine war as a threat to business at th...
Nov 02, 2022
Fed set for another big rate hike, may tamp down future tightening
By Howard Schneider WASHINGTON (Reuters) - The Federal Reserve is expected to raise interest rates by three-quarters of a percentage point for the fourth straight time on Wednesday, but open the door ...
Nov 02, 2022
Boeing investors seek clarity, realistic goals after a series of setbacks
By Rajesh Kumar Singh CHICAGO (Reuters) - A series of production delays, cuts in jet delivery outlook and mounting losses at its defense business have damaged Boeing Co's credibility among investors, ...
Nov 02, 2022
ECB wants to put banks on schedule to meet climate goals
FRANKFURT (Reuters) - Euro zone banks still largely fail to meet the European Central Bank's climate disclosure and management expectations, and laggards who keep failing deadlines could be forced to ...
Nov 02, 2022
Suncor Fort Hills deal hints at new strategy for Canada oil sands mine replacement
By Nia Williams and Rod Nickel (Reuters) - Suncor Energy's acquisition of a larger stake in the Fort Hills oil sands project is a sign that Canada's second-largest oil company is looking for alternati...
Nov 02, 2022
Explainer-U.S. midterm elections: How America casts and counts its votes
By Matt Zdun (Reuters) - Misinformation online and false claims of election fraud by former President Donald Trump and his allies have sharply eroded public trust in the integrity of U.S. elections. H...
Nov 02, 2022
Peoria, IL, USA
43 °F Overcast
