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Author

Reuters

Reuters

  • US and World News

    Residential fire near French city Lyon kills 10, including children

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    By Yiming Woo and Sarah Meyssonnier VAULX-EN-VELIN, France (Reuters) -Ten people including five children aged three to 15 were killed in a fire on Friday that engulfed a residential building …

  • Business News

    Goldman Sachs to cut thousands of employees – source

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    NEW YORK (Reuters) – Goldman Sachs Group Inc is planning to cut a couple of thousand employees to navigate a difficult economic environment, a source familiar with the move said. …

  • US and World News

    Biden administration offers U.S. households more free COVID-19 tests for winter

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    By Jeff Mason WASHINGTON (Reuters) -U.S. households can order four free at-home COVID-19 tests from the government website COVIDTests.gov beginning on Thursday as part of the Biden administration’s efforts to …

  • Business News

    Vivendi offers remedies to address EU concerns over planned Lagardere takeover -filing

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    BRUSSELS (Reuters) – French media conglomerate Vivendi has offered remedies to address European Union (EU) competition concerns over its planned takeover of Lagardere, according to a filing on the European …

  • US and World News

    White House: Next security assistance package for Ukraine coming

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    WASHINGTON (Reuters) – The White House said on Friday the next security assistance package for Ukraine is coming and it is expected to include more air defense capabilities for the …

  • Business News

    Factbox-How governments are trying to ease impact of inflation

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    (Reuters) – Pandemic-related disruptions to global supply chains and the knock-on effects of Russia’s war in Ukraine have driven up prices of energy, commodities and necessities. Here’s how governments are …

  • Business News

    Self-driving trucking firm TuSimple appoints CFO, reconstitutes audit panel

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    (Reuters) – TuSimple Holdings Inc appointed interim financial chief Eric Tapia on a permanent basis and reconstituted its audit committee, the self-driving trucking firm said on Friday, weeks after an …

  • Business News

    Sale of Russia’s bailed-out Otkritie Bank to go through this year

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    MOSCOW (Reuters) – Russia’s Central Bank Governor Elvira Nabiullina said on Friday that the sale of bailed-out lender Otkritie Bank to Russia’s No. 2 bank VTB would go through before …

  • Business News

    Twitter manually reviewed all accounts that posted links to ElonJet -exec

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    By Sheila Dang (Reuters) – Twitter Inc’s head of trust and safety told Reuters the company manually reviewed “any and all accounts” that violated its new privacy policy by posting …

  • Business News

    BlackRock to make leadership changes across units (Dec. 14)

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    (This Dec.14 story has been corrected to say that Gary Shedlin, Mark McCombe and Rob Fairbairn will step down from BlackRock’s global executive committee, not step down as vice chairmen, …

  • Business News

    Czech interest rates likely to stay on hold until mid-2023 – Reuters poll

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    By Jason Hovet PRAGUE (Reuters) – The Czech National Bank (CNB) is likely to hold interest rates steady at its final policy meeting of 2022 on Dec. 21 and will …

  • Business News

    UniCredit signs asset management accord with Azimut

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    By Valentina Za MILAN (Reuters) – UniCredit has struck a deal with asset manager Azimut Holding in a move that paves the way for the Italian bank to return to …

  • Business News

    Fortum CFO steps down, to be replaced by Uniper executive

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    OSLO (Reuters) -Finnish energy group Fortum said on Friday its Chief Financial Officer Bernhard Gunther will step down in the first quarter of 2023 and will be replaced by CFO …

  • Business News

    Italian economy to grow 0.4% in 2023, average inflation at 7.3% – central bank

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    MILAN (Reuters) – The Italian economy is expected to grow by 0.4% next year, a sharp slowdown compared with the 3.8% seen for 2022, the central bank said on Friday. …

  • Business News

    ECB’s Knot says Fed is closer to end of rate hikes than ECB

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    AMSTERDAM (Reuters) – The European Central Bank (ECB) has a longer way to go in raising interest rates than the Federal Reserve, but ultimately won’t raise its rates to the …

  • Business News

    China says it will step up support for economy in 2023 amid COVID pains

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    By Kevin Yao BEIJING (Reuters) -China will focus on stabilising its $17-trillion economy in 2023 and step up policy adjustments to ensure key targets are hit, said a statement following …

  • Business News

    Investment banks ramp up peak rates forecasts after hawkish ECB

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    By Alun John LONDON (Reuters) – A flurry of investment banks raised their forecasts for where euro zone interest rates will peak, after the European Central Bank signalled on Thursday …

  • US and World News

    UK’s Sunak hopeful of resolution to Northern Ireland trade row with EU

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    BELFAST (Reuters) – British Prime Minister Rishi Sunak said on Friday he was hopeful of reaching a resolution to a long-running dispute with the European Union on changing post-Brexit trade …

  • Business News

    FTX debtors file bidding procedures motion for sale of four businesses

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    (Reuters) – FTX and its affiliated debtors said on Friday the company had filed a motion with the Bankruptcy Court seeking approval of bidding procedures to sell four businesses. Debtors …

  • Business News

    U.S. equity funds gain first weekly inflow in four weeks

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    (Reuters) – U.S. equity funds saw net purchases in the week ended Dec. 14, as slowing inflation rates raised expectations that the Federal Reserve would cut back the pace of …

  • Business News

    Russia central bank holds rates, says inflationary factors prevail for now

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    By Alexander Marrow MOSCOW (Reuters) -Russia’s central bank held its key interest rate at 7.5% at its final meeting of the year on Friday but slightly shifted its rhetoric to …

  • Business News

    Air India jumbo order includes 190 Boeing MAX, 30 787s -sources

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    By Tim Hepher and Aditi Shah LONDON/NEW DELHI (Reuters) – Air India is close to a deal to order more than 200 Boeing jets including 190 narrowbody 737 MAX and …

  • US and World News

    Biden plans to elevate Cindy McCain as executive director of WFP- Axios

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    (Reuters) – U.S. President Joe Biden is working to elevate Cindy McCain, widow of the late Republican Senator John McCain, as the executive director of World Food Program, Axios reported …

  • Business News

    Faraday Future slides on signaling need for funds to start production

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    (Reuters) – Shares of Faraday Future Intelligent Electric tumbled 21% premarket on Friday after the company unveiled production plans for its much-delayed luxury electric car that hinged on securing additional …

  • US and World News

    Explainer-When are attacks on civilian infrastructure war crimes?

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    By Stephanie van den Berg THE HAGUE (Reuters) – Russia’s attacks on Ukraine’s civilian infrastructure, including energy facilities, have been described as possible war crimes by the office of the …

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