Category Archives:
U.S. auto sales to fall in July on slim inventories – J.D. Power
(Reuters) - A shortage of vehicles at dealers due to the supply chain snarls gripping automakers is expected to drive down U.S. auto retail sales in July, said consultants J.D. Power and LMC Automotiv...
Jul 27, 2022
Two former Minnesota officers to be sentenced in federal court in George Floyd case
By Brendan O'Brien (Reuters) - Two former Minneapolis officers are due to be sentenced on Wednesday on federal charges stemming from their role in the 2020 death of George Floyd, an incident that spar...
Jul 27, 2022
U.S. goods trade deficit narrows sharply in June; inventories increase
WASHINGTON (Reuters) - The U.S. trade deficit in goods narrowed sharply in June amid a surge in exports, which could potentially calm fears that the economy contracted again in the second quarter. The...
Jul 27, 2022
Rising rates to cushion impact on Asia banks from slowing economies
By Anshuman Daga SINGAPORE (Reuters) - Asia-focused lenders HSBC, Standard Chartered and their Southeast Asian peers such as DBS are set to report an improvement in second-quarter net interest income,...
Jul 27, 2022
Exclusive: Spirit vote on Frontier deal to go ahead, set to fail – sources
By Anirban Sen and Greg Roumeliotis (Reuters) - Spirit Airlines Inc will go ahead with a vote on its sale to Frontier Group Holdings Inc on Wednesday, with its shareholders expected to shoot it down, ...
Jul 27, 2022
India aviation regulator halves SpiceJet’s capacity after snags
BENGALURU (Reuters) - India's aviation regulator on Wednesday ordered SpiceJet to slash its approved fleet to 50% this summer for eight weeks citing safety snags and said it will subject the domestic ...
Jul 27, 2022
Nasdaq short interest dips 0.9% in mid-July
NEW YORK (Reuters) - Short interest on the Nasdaq fell 0.9% in mid-July, the exchange said late Tuesday. As of July 15, short interest dipped to about 13.058 billion shares, compared with 13.173 billi...
Jul 27, 2022
IMF says Sri Lanka needs to talk with China about debt restructuring
By Jorgelina do Rosario and Uditha Jayasinghe LONDON (Reuters) - The International Monetary Fund (IMF) said Sri Lanka should kick off debt restructuring talks with its bilateral lender China, while th...
Jul 27, 2022
Danone sends 1.3 million cans of Aptamil formula to U.S. amid shortage
By Jessica DiNapoli and Richa Naidu LONDON (Reuters) - French consumer goods giant Danone's North America unit said on Wednesday it had shipped more than 750,000 cans of its flagship Aptamil baby form...
Jul 27, 2022
Cost of living crisis? Europe’s consumers keep spending
By Richa Naidu and Susan Mathew LONDON (Reuters) - Europe's largest consumer-focused firms are seeing no shortage of demand despite a cost-of-living crisis, prompting several to upgrade sales forecast...
Jul 27, 2022
Peoria, IL, USA
49 °F Partly cloudy
