Author Archives: Syndicated Content
ECB tells banks to cut lending to indebted borrowers after binge
FRANKFURT (Reuters) - The European Central Bank has told banks to cut lending to the most indebted borrowers, which could poke a hole in their balance sheets if the economy turns south or interest rat...
Thomson Reuters Mar 30, 2022
Sri Lanka suffers long power cuts as currency shortage makes fuel scarce
By Uditha Jayasinghe COLOMBO (Reuters) - Businesses and households in Sri Lanka faced 10-hour-long power cuts on Wednesday as a deepening economic crisis roiled markets and the electricity regulator u...
Thomson Reuters Mar 30, 2022
Germany girds for gas rationing, Europe on edge in Russian standoff
By Joseph Nasr and Vera Eckert BERLIN/FRANKFURT (Reuters) -Germany triggered an emergency plan to manage gas supplies on Wednesday that could see Europe's largest economy ration power if a standoff ov...
Thomson Reuters Mar 30, 2022
Analysis-Cost of living woes boost "phoenix" Le Pen in race for French presidency
By Michel Rose and Elizabeth Pineau PARIS (Reuters) - For a far-right challenger whose past presidential campaigns have centred on pugnacious anti-immigration, eurosceptic rhetoric, Marine Le Pen has ...
Thomson Reuters Mar 30, 2022
Truckmaker MAN to shorten hours of up to 11,000 workers on Ukraine crisis
BERLIN (Reuters) - German commercial vehicle maker Traton's MAN unit will shorten the hours of as many as 11,000 workers in Germany as the war in Ukraine causes what it said were "massive" supply gaps...
Thomson Reuters Mar 30, 2022
German inflation rises more than expected in March
BERLIN (Reuters) - German annual inflation rose more than expected in March as prices of natural gas and mineral oil products soared after Russia's invasion of Ukraine, preliminary data showed on Wedn...
Thomson Reuters Mar 30, 2022
OPEC chief encourages OPEC+ to stay the course, remain vigilant
LONDON (Reuters) - OPEC Secretary General Mohammad Barkindo said OPEC+ participants should "stay the course" regarding the group's decisions, adding that the OPEC+ should remain vigilant to ever-chang...
Thomson Reuters Mar 30, 2022
Mariupol a strategic prize for Russia, symbol of resistance for Ukraine
By Pavel Polityuk and Natalia Zinets (Reuters) - The southern Ukrainian port of Mariupol has been under heavy fire from Russian forces since soon after the war began on Feb. 24. Nearly 5,000 people ha...
Thomson Reuters Mar 30, 2022
Florida reaches $878 million opioid settlements with CVS, Teva, others
(Reuters) - Florida has reached more than $878 million of settlements with CVS Health Corp and three drug companies to resolve claims over their roles in fueling an opioid epidemic in the third most p...
Thomson Reuters Mar 30, 2022
Billionaire investor launches board fight at Athira, wants CEO replaced
By Svea Herbst-Bayliss BOSTON (Reuters) - Billionaire investor Richard (Ric) Kayne is seeking two board seats at Athira Pharma, arguing the biotech company needs a new chief executive officer to succe...
Thomson Reuters Mar 30, 2022
