MOSCOW (Reuters) – Passenger numbers on Russian airlines were down 20% in September from last year, as the impact of Western sanctions continues to weigh on the industry. Russian airlines …
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Russian weekly consumer prices edged up in week of central bank rate hold
by Reutersby ReutersMOSCOW (Reuters) -Weekly consumer prices in Russia rose marginally for the sixth week running, data published on Wednesday showed, vindicating the central bank’s decision to end its rate-cutting cycle last …
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Factbox-Strikes, protests in Europe over cost of living and pay
by Reutersby Reuters(Reuters) – European countries are facing strikes and protests due to high energy prices and mounting costs of living. Here are details of some industrial actions and demonstrations. BRITAIN * …
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Britain to go it alone for now on reining in ‘shadow banking’
by Reutersby ReutersBy Huw Jones LONDON (Reuters) – Britain, rattled by the recent near meltdown of some pension funds, is pressing ahead to tighten oversight of the so-called shadow banking sector, taking …
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Russian retail sales fall deeper, jobless rate rises in Sept – data
by Reutersby ReutersMOSCOW (Reuters) – Russian retail sales fell deeper and the jobless rate slightly increased in September, official data from the state statistics service Rosstat showed on Wednesday, after the Kremlin …
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State-backed Toshiba suitor boosts buyout fund size to $6 billion-plus
by Reutersby ReutersBy Takaya Yamaguchi and Makiko Yamazaki TOKYO (Reuters) – Japan Investment Corp (JIC), a potential bidder for Toshiba Corp, has expanded the size of its buyout fund by 4.5 times …
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Post-shutdown HBCU homecomings bring much-needed boosts to revenues
by Reutersby Reuters(This Nov. 1 story has been corrected to remove the reference in paragraph 6 to Lincoln College as it is not an HBCU) By Arriana McLymore HAMPTON, VA(Reuters) – U.S. …
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By Deena Beasley (Reuters) – The annual price of a newly-launched cancer drug in the United States averaged $283,000 last year, a 53% increase from 2017, according to a new …
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North Korea fires 23 missiles, one landing off South Korean coast for first time
by Reutersby ReutersBy Josh Smith and Soo-hyang Choi SEOUL (Reuters) – North Korea fired at least 23 missiles into the sea on Wednesday, including one that landed less than 60 km (40 …
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Putin: We could quit grain deal again, but would not block grain for Turkey
by Reutersby Reuters(Reuters) -President Vladimir Putin on Wednesday reserved Russia’s right to withdraw again from an international agreement allowing Ukraine to export grain via the Black Sea, after ending four days of …
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Twitter will not reinstate banned users without ‘clear process,’ Musk says
by Reutersby ReutersBy Sheila Dang (Reuters) – Banned accounts will not be allowed back onto Twitter until the social media platform has “a clear process for doing so,” Elon Musk tweeted in …
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Afreximbank plans $1.5 billion economic package for Botswana
by Reutersby ReutersGABORONE (Reuters) – The African Import and Export Bank (Afreximbank) plans a $1.5 billion economic package for Botswana to support key economic sectors such as mining, manufacturing, transport and agriculture, …
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AMD shares rise as chip demand from data centers cushions PC slowdown
by Reutersby Reuters(Reuters) – Chipmaker Advanced Micro Devices Inc snatched more market share in the lucrative data center business from rival Intel Corp in the third quarter, drawing praise from Wall Street …
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Netanyahu faces balancing act after Israel election comeback
by Reutersby ReutersBy James Mackenzie JERUSALEM (Reuters) – Benjamin Netanyahu concluded his recent autobiography “Bibi: My Story” with a declaration that his time on the opposition benches, after an election loss in …
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Humana profit beats as medical costs ease on slow elective-care rebound
by Reutersby ReutersBy Raghav Mahobe and Bhanvi Satija (Reuters) -Humana Inc beat third-quarter profit estimates on Wednesday, as a sluggish recovery in elective procedures helped the health insurer keep medical costs in …
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Arab leaders say Palestinian cause still central for them after summit
by Reutersby ReutersALGIERS (Reuters) – Arab leaders said on Wednesday that the Palestinian cause was still central for them after their first summit meeting in three years, but they did not directly …
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Lloyd’s of London insurer Ascot says resumes Black Sea grain cover
by Reutersby ReutersLONDON (Reuters) -Lloyd’s of London insurer Ascot is once again quoting on its cargo insurance facility for the Black Sea grain corridor, the facility’s lead underwriter said on Wednesday after …
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Economic slump nudges down platinum and palladium forecasts – Reuters poll
by Reutersby ReutersBy Eileen Soreng and Peter Hobson (Reuters) – Analysts and traders have downgraded their forecasts for platinum and palladium prices next year as a global economic slowdown reduces demand, according …
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Binance CEO sees no threat to crypto from central banks’ digital currencies
by Reutersby ReutersBy Sergio Goncalves and Catarina Demony LISBON (Reuters) – Plans by central banks to launch digital currencies are not a threat to other cryptocurrencies as they would validate blockchain technology …
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Gold to rebound slightly next year as Fed tightening cycle ends: Reuters poll
by Reutersby ReutersBy Eileen Soreng (Reuters) – Gold prices will average $1,712.50 an ounce next year, rising from current levels, as an end to U.S. interest rate rises is expected to revive …
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Insurers stare at up to $60 billion hit from Hurricane Ian, AIG chief Zaffino says
by Reutersby Reuters(Reuters) – Insurers face potential losses of up to $60 billion from Hurricane Ian, American International Group Inc chief Peter Zaffino said on Wednesday, in what could be the second …
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(Reuters) -United Airlines pilots overwhelmingly voted against a tentative contract, the union representing the workers said on Tuesday, saying the proposal fell short of what members were seeking. The Air …
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U.S. Treasury continues to assess bond buybacks to improve liquidity
by Reutersby Reuters(Reuters) -The U.S. Treasury said on Wednesday it will continue to assess whether or how to implement a program to buy back some of its existing bonds, a move partly …
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Britain to go it alone for now on reining in ‘shadow banking’
by Reutersby ReutersBy Huw Jones LONDON (Reuters) – Britain, rattled by the recent near meltdown of some pension funds, is pressing ahead to tighten oversight of the so-called shadow banking sector, taking …
- US and World News
Britain to go it alone for now on reining in ‘shadow banking’
by Reutersby ReutersBy Huw Jones LONDON (Reuters) – Britain, rattled by the recent near meltdown of some pension funds, is pressing ahead to tighten oversight of the so-called shadow banking sector, taking …