Category Archives:
Conagra warns inflation will take bigger bite out of margins
(Reuters) - Conagra Brands Inc on Thursday warned of a bigger hit to full-year margins from surging raw material costs and shipping expenses despite prices hikes by the Chef Boyardee pasta maker. The ...
Jan 06, 2022
Mexican central bank flags concern over inflation, labor costs, minutes show
MEXICO CITY (Reuters) - Mexico's central bank signaled concern over rising inflation and labor costs as its board voted last month to raise its benchmark interest rate by 50 basis points to 5.50%, min...
Jan 06, 2022
Uber to end Uber Eats operations in Brazil -report
SAO PAULO (Reuters) - Uber has decided to end its food delivery operations in Brazil, financial blog Brazil Journal reported on Thursday, saying the company's delivery services are expected to be halt...
Jan 06, 2022
Explainer-Fed signals readiness to shrink balance sheet. Why that’s a big deal
By Jonnelle Marte and Dan Burns (Reuters) - The Federal Reserve is ready to cut back its holdings of more than $8 trillion of bonds, with a readout of the U.S. central bank's meeting last month sugges...
Jan 06, 2022
New York Times to buy sports site the Athletic in $550 million deal – The Information
(Reuters) - The New York Times Co has agreed to buy subscription-based sports site the Athletic in a deal valued at around $550 million, the Information reported on Thursday, citing a person familiar ...
Jan 06, 2022
U.S. factory orders increase strongly in November
WASHINGTON (Reuters) - New orders for U.S.-manufactured goods accelerated in November, but business spending on equipment likely struggled to rebound in the fourth quarter. The Commerce Department sai...
Jan 06, 2022
Rivian shares tumble below IPO price
(Reuters) - Shares of Rivian Automotive Inc fell below their IPO price of $78 for the first time on Thursday, alongside a broader selloff in electric vehicle stocks. Rivian's shares, which were up dur...
Jan 06, 2022
Turkey’s cenbank says forex rule won’t burden exporters – sources
By Ceyda Caglayan ISTANBUL (Reuters) - Turkish exporters have told the Central Bank they may struggle to meet a new requirement for them to sell 25% of their hard currency revenues to the bank and cou...
Jan 06, 2022
Aeromexico passenger traffic reaches highest post-pandemic level
MEXICO CITY (Reuters) - Passenger traffic at Grupo Aeromexico in December reached its highest level since the start of the COVID-19 pandemic, the Mexican airline said on Thursday. Aeromexico transport...
Jan 06, 2022
‘Do not follow the big lie’: Americans speak on first anniversary of U.S. Capitol attack
(Reuters) - Here are reactions on the first anniversary of the Jan. 6, 2021, attack on the U.S. Capitol by a mob of supporters of Republican then-President Donald Trump in a failed bid to halt certifi...
Jan 06, 2022
Peoria, IL, USA
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