Author Archives: Syndicated Content
Fed's Powell: we are still monitoring the banks' situation very carefully
MADRID (Reuters) - The U.S. Federal Reserve is still monitoring the situation in the banking industry very carefully, Fed Chair Jerome Powell said on Thursday. "We are very reluctant to say" if the se...
Jun 29, 2023
BMW to produce electric X3 model at South Africa plant
(Reuters) - Germany's BMW will build its X3 model in South Africa from 2024, investing 4.2 billion rand ($225.09 million) to electrify its plant in Rosslyn, the company said in a statement on Thursday...
Jun 29, 2023
Chip industry globalisation under threat, says chief of China's YMTC
By Brenda Goh SHANGHAI (Reuters) - Geopolitics and the national security concerns of some countries are threatening the globalisation of the world's chip industry, which is now in a turbulent era, the...
Jun 29, 2023
MLB roundup: Yanks’ Domingo German fires perfecto vs. A’s
Domingo German pitched the fourth perfect game in New York Yankees history Wednesday night, taking down 27 Athletics in order in an 11-0 victory at the Oakland Coliseum. When Esteury Ruiz grounded the...
Jun 29, 2023
Papal envoy to meet Patriarch Kirill in Moscow -RIA
MOSCOW (Reuters) - Papal envoy Cardinal Matteo Zuppi and Patriarch Kirill, the head of the Russian Orthodox Church, will meet in Moscow on Thursday, the RIA news agency reported. Zuppi on Wednesday di...
Jun 29, 2023
UNESCO member states set to give green light to US return
By John Irish PARIS (Reuters) - The 193 member states of the United Nations' cultural agency are expected to back the United States' return to the organisation almost five years after then-President D...
Jun 29, 2023
Factbox-Sri Lanka unveils domestic debt restructuring plan, asks foreign investors for a 30% haircut
(Reuters) - Sri Lanka announced a restructuring plan for its massive domestic debt on Thursday to meet targets set by the International Monetary Fund (IMF) and aim to turn around its economy, which ha...
Jun 29, 2023
Fed's Powell: Most US policymakers see two or more rate hikes ahead
(Reuters) - With U.S. inflation well above the Federal Reserve's 2% goal and a labor market that's still very tight, most of the central bank's policymakers expect they will need to raise interest rat...
Jun 29, 2023
France: 150 arrests in overnight unrest after teenager killed by police
PARIS (Reuters) - A hundred and fifty people were arrested in France after a second night of unrest across the country, Interior Minister Gerald Darmanin said on Thursday, following the fatal shooting...
Jun 29, 2023
US court approves Cineworld's restructuring plan
(Reuters) - British cinema chain operator Cineworld Group said on Wednesday that a U.S. court had approved its debt restructuring plan. The company, which filed for Chapter 11 protection in the U.S. l...
Jun 29, 2023
