Author Archives: Syndicated Content
Russia set for smaller GDP contraction in 2023, but no room for rate cut: Reuters poll
By Alexander Marrow and Elena Fabrichnaya MOSCOW (Reuters) - Russia's economy is set for a shallower contraction this year than previously thought, a Reuters poll showed on Friday, but above-target in...
Mar 31, 2023
Biden calls on Russia to release US reporter: "Let him go"
WASHINGTON (Reuters) - U.S. President Joe Biden called on Russia on Friday to release detained Wall Street Journal reporter Evan Gershkovich, who was charged with spying by Moscow. Russia's FSB securi...
Mar 31, 2023
EU backs use of Novo Nordisk's weight loss drug in adolescents
(Reuters) - The European Medicines Agency said on Friday its committee has recommended expanding the use of Danish drugmaker Novo Nordisk's weight loss drug in adolescents aged 12 years and older. The...
Mar 31, 2023
Instant View: US Feb PCE price index shows inflation keeps cooling
NEW YORK (Reuters) - U.S. consumer spending rose moderately in February, likely payback after surging the prior month, and while inflation showed signs of cooling it remained elevated, which could see...
Mar 31, 2023
US unveils stricter EV tax credit rules to take effect April 18
By David Shepardson and David Lawder WASHINGTON (Reuters) - The U.S. Treasury Department on Friday unveiled stricter electric vehicle tax rules that will reduce or cut tax credits on some zero-emissio...
Mar 31, 2023
U.S. consumer spending slows in February; inflation cooling
WASHINGTON (Reuters) - U.S. consumer spending rose moderately in February, likely payback after surging the prior month, and while inflation showed signs of cooling it remained elevated, which could s...
Mar 31, 2023
China to conduct cybersecurity review on chipmaker Micron's products
BEIJING (Reuters) - China's cyberspace regulator will conduct a cybersecurity review on products sold in China by U.S. memory chip manufacturer Micron Technology, the regulator said on Friday. The mov...
Mar 31, 2023
Exclusive-U.S. regulator seeks sale of Silicon Valley Bank, Signature Bank portfolios-sources
By David French and Pete Schroeder NEW YORK/WASHINGTON (Reuters) - The Federal Deposit Insurance Corporation (FDIC) has retained advisers to sell the securities portfolios that the new owners of faile...
Mar 31, 2023
Asia infrastructure bank says it won't get distracted by geopolitics
By Joe Cash BOAO, China (Reuters) - The Asian Infrastructure Investment Bank (AIIB) will stick to its mandate as an apolitical multilateral lender and won't get dragged into political disputes, even a...
Mar 31, 2023
Canadian economy outperforms with 0.5% growth in January
OTTAWA (Reuters) - The Canadian economy performed better than expected in January versus December, driven by broad gains in both goods and services industries, Statistics Canada data showed on Friday....
Mar 31, 2023
