Author Archives: Syndicated Content
Portugal economy grows 6.7% in 2022, but slowing down
LISBON (Reuters) - Portugal's economy grew 6.7% in 2022, its strongest pace in 35 years, fuelled by domestic demand and booming tourism, but inflation put the brakes on private consumption in the four...
Thomson Reuters Feb 28, 2023
Applied Materials unveils new chip tool to lower cost in lithography process
By Jane Lanhee Lee OAKLAND, Calif. (Reuters) - Silicon Valley-based Applied Materials Inc, among the most important makers of tools for chip manufacturing, said on Tuesday it has started selling a new...
Thomson Reuters Feb 28, 2023
India's Jan infrastructure output grows 7.8% y/y, fastest in four months
By Shivangi Acharya NEW DELHI (Reuters) - India's infrastructure output expanded 7.8% year-on-year in January, its fastest pace in four months, driven by a surge in fertiliser, coal and electricity ou...
Thomson Reuters Feb 28, 2023
Egypt reopens newly restored historic mosque
CAIRO (Reuters) - Egypt's historic mosque of al-Hakim bi-Amr Allah, named after the sixth Fatimid caliph and located in old Cairo, was reopened for visitors on Monday, Feb. 27 after renovations. The r...
Thomson Reuters Feb 28, 2023
Visa, Mastercard pause crypto push in wake of industry meltdown - sources
By Manya Saini (Reuters) - U.S. payment giants Visa and Mastercard are slamming the brakes on plans to forge new partnerships with crypto firms after a string of high-profile collapses shook faith in ...
Thomson Reuters Feb 28, 2023
Norwegian Cruise 2023 profit forecast falls short; shares slide
(Reuters) -Norwegian Cruise Line Holdings Ltd forecast for its first annual profit in three years fell short of estimates on Tuesday, as the cruise operator battles soaring fuel and labor costs. Share...
Thomson Reuters Feb 28, 2023
Fed might raise policy rates to 6% - BofA
(Reuters) - The U.S. Federal Reserve may hike interest rates to nearly 6%, BofA Global Research said, as strong U.S. consumer demand and a tight labor market would force the central bank to battle inf...
Thomson Reuters Feb 28, 2023
India's growth slowed in December quarter on weakness in manufacturing
By Manoj Kumar and Aftab Ahmed (Reuters) - India's economic growth slowed further in the December quarter as pent up demand eased and weakness in the manufacturing sector continued. Asia's third large...
Thomson Reuters Feb 28, 2023
Brazil's jobless rate drops to 7.9 pct in quarter through December
RIO DE JANEIRO (Reuters) - Brazil's jobless rate fell to 7.9 percent in the three months through December, statistics agency IBGE said on Tuesday, below market expectations. The median forecast in a R...
Thomson Reuters Feb 28, 2023
Tech service startup Bitwise Industries raises $80 million in latest funding round
By Krystal Hu (Reuters) - Bitwise Industries, a tech service provider that trains workers in underrepresented communities, has raised $80 million in a funding round led by existing investors Kapor Cen...
Thomson Reuters Feb 28, 2023
