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Factbox-Global banks take axe to jobs as cost pressures mount
LONDON (Reuters) - Banks typically trim jobs towards the end of the year, but 2022 has seen a bigger wave of redundancies and layoffs. Rising cost pressures as a result of inflation and shrinking reve...
Syndicated Content Dec 02, 2022
Irish domestic economy shrank in Q3 following Q2 investment boom
DUBLIN (Reuters) - Ireland's domestic economy shrank by 1.1% quarter-on-quarter from July to September, following the strong investment driven growth of 4.7% in the second quarter of the year, data fr...
Syndicated Content Dec 02, 2022
Germany’s Scholz welcomes Biden’s openness to tweaking U.S. inflation act
BERLIN (Reuters) - German Chancellor Olaf Scholz welcomed comments by U.S. President Joe Biden that he is open to tweaking the Inflation Reduction Act that has raised fears in Europe of losing investm...
Syndicated Content Dec 02, 2022
Column-Dodging recession could whiplash markets: Mike Dolan
By Mike Dolan LONDON (Reuters) - Recession of some sort next year is fast becoming consensus - to such an extent that financial markets could find themselves whiplashed if it doesn't materialise. The ...
Syndicated Content Dec 02, 2022
Silicon Valley startup beaming electricity wirelessly raises $30 million
By Jane Lanhee Lee REDWOOD CITY, Calif. (Reuters) - Reach Power Inc, a Silicon Valley startup that beams electricity wirelessly, said on Friday it had raised $30 million in a funding round that will h...
Syndicated Content Dec 02, 2022
As the Fed plans to ‘raise and hold,’ new projections may show the cost
By Howard Schneider WASHINGTON (Reuters) - U.S. Federal Reserve officials have signaled plans for a half-point interest rate hike at their meeting this month, and while that would be a step down from ...
Syndicated Content Dec 02, 2022
Futures slip ahead of November jobs report
(Reuters) - U.S. stock index futures edged lower on Friday as investors await the monthly jobs report for November, which would provide more clues on the Federal Reserve's path of monetary tightening....
Syndicated Content Dec 02, 2022
Crypto meltdown a boon for bankruptcy lawyers
By Andrew Goudsward (Reuters) - Turmoil in the cryptocurrency industry has rattled major exchanges and sent the value of digital assets tumbling, but at least one group stands to gain: bankruptcy lawy...
Syndicated Content Dec 02, 2022
Web designer opposed to gay marriage at center of U.S. Supreme Court clash
By Andrew Chung WASHINGTON (Reuters) - The wedding websites that Colorado-based web designer Lorie Smith would like to create for clients might offer ceremony details, pictures, a story about the coup...
Syndicated Content Dec 02, 2022
‘No sacred cows’ as pipeline company TC Energy prepares for C$5 billion asset sales
By Rod Nickel WINNIPEG, Manitoba (Reuters) - As TC Energy Corp prepares to unload C$5 billion ($3.7 billion) in assets next year, investors and analysts say the North American pipeline operator has pl...
Syndicated Content Dec 02, 2022
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