Category Archives:
Exclusive-U.S. energy chief warns Republicans that oil bill would raise pump prices
By Nandita Bose and Jarrett Renshaw WASHINGTON (Reuters) - U.S. Energy Secretary Jennifer Granholm warned Republicans in a letter seen by Reuters on Wednesday that limiting President Joe Biden's autho...
Jan 18, 2023
Changing nature of inflation prompts new inequalities, New York Fed says
(Reuters) - Asian American/Pacific Islander (AAPI) households and those with lower incomes have experienced higher inflation over the past few months as a rise in the costs of food and shelter and a f...
Jan 18, 2023
Italy committed to secure Intel investment over chip factory, minister says
MILAN (Reuters) - Italy's government is determined to secure an investment by Intel to build a chip factory in the country, the economy minister said on Wednesday. "Unfortunately, or luckily, we have ...
Jan 18, 2023
Twitter offers new annual plan for subscription service
(Reuters) - Twitter Inc said on Wednesday it was offering an annual plan for its subscription service called Twitter Blue, which includes its sought-after "verified" badge, at a discount to its monthl...
Jan 18, 2023
Fed’s Bullard urges colleagues not to “stall” on remaining rate increases
WASHINGTON (Reuters) - St. Louis Fed President James Bullard said Wednesday that U.S. Federal Reserve policymakers should get the policy rate of interest above 5% "as quickly as we can" before pausing...
Jan 18, 2023
Ryanair more confident about Boeing summer deliveries – CFO
DUBLIN (Reuters) - Ryanair is increasingly confident that it will get almost all of the Boeing 737 MAX aircraft it is due to receive in time for its peak summer season, Chief Financial Officer Neil So...
Jan 18, 2023
U.S. business inventories rise in November as sales fall
WASHINGTON (Reuters) - U.S. business inventories increased in November as higher interest rates depressed sales, boosting the inventory-to-sales ratio to the highest level in nearly two years. Busines...
Jan 18, 2023
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
Peoria, IL, USA
50 °F Overcast
