Arrival misses interest payment on convertible notes amid cash crunch
(Reuters) – British electric-vehicle startup Arrival said on Tuesday it missed the Dec. 1 deadline to make an interest payment on its convertible debt due 2026 as it battles a cash crunch.…
German budget crisis talks enter crunch week
BERLIN (Reuters) – German Chancellor Olaf Scholz, Finance Minister Christian Lindner and Economy Minister Robert Habeck held talks over the weekend to try to agree a budget for 2024 after a constitutional…
South Africans seek out Black Friday essentials as crunch continues
By Nqobile Dludla JOHANNESBURG (Reuters) – Johannesburg’s Mall of Africa was buzzing on Friday with bargain hunters pushing trolleys laden with groceries such as cooking oil, boxes of milk and multi-packs of…
Crunch time for Brazil ports as coffee flow hit, sugar vessels delayed
By Marcelo Teixeira (Reuters) – Brazil’s commodities export hubs are strained with record volumes of soy, corn and sugar to be moved at a time of the year when rains start to…
Crunch time after string of aggressive central bank rate hikes
LONDON (Reuters) – It is crunch time. Major central banks have confounded economists with a string of interest rate rises that, so far, have moderated inflation without causing global recession. Now comes…
Canada to change how it counts foreign students, workers amid housing crunch
OTTAWA (Reuters) – Canada will change how it counts non-permanent residents, the main statistics agency said on Thursday, after an economist said the current methodology may have overlooked about a million foreign…
Analysis-Parts makers risk cash crunch in a Detroit auto strike
By Bianca Flowers and Joseph White DETROIT (Reuters) – Many smaller U.S. manufacturers that supply parts to the Detroit Three automakers will be at risk if a long United Auto Workers strike…
Analysis-Asia’s refiners face profit crunch as Kuwait cuts crude exports
By Muyu Xu SINGAPORE (Reuters) – Asian refiners are on the hunt for crude oil to replace Kuwaiti supply as the OPEC producer cuts exports by nearly a fifth to feed its…
Jet charter firm Wheels Up in talks with lenders amid cash crunch -WSJ
(Reuters) -Private jet company Wheels Up Experience is in talks with lenders about a debt restructuring while exploring other options to avoid bankruptcy, the Wall Street Journal reported on Friday. The company,…
Marketmind: Minutes meted, China crunch
A look at the day ahead in U.S. and global markets from Mike Dolan As U.S. markets return from Independence Day, the Federal Reserve’s slightly awkward deliberations are laid bare again just…
Analysis-Argentina faces crunch IMF talks to defuse looming debt bomb
By Walter Bianchi and Rodrigo Campos BUENOS AIRES/NEW YORK (Reuters) – Argentina and the International Monetary Fund (IMF) have a $44 billion dilemma, with the two sides set to meet for crunch…
Analysis-US debt ceiling crunch threatens to roil complacent stock market
By Lewis Krauskopf NEW YORK (Reuters) – Strategists at some of Wall Street’s biggest banks are sounding increasingly worried about potential market fallout from the standoff over raising the U.S. debt ceiling,…
Western Climate Officials Could Lobby For More Natural Gas Amid Energy Crunch: REPORT
Western Climate Officials Could Lobby For More Natural Gas Amid Energy Crunch: REPORT John Hugh DeMastri on April 6, 2023 Climate and energy ministers representing the Group of Seven (G7) — an…
Four ways for car buyers to survive the interest-rate crunch
By Chris Taylor NEW YORK (Reuters) – The feeling of driving a new car off the lot is hard to beat. What comes next is not so nice: the first monthly payment.…
Argentina extends maturities of $16.8 billion debt to ease payment crunch
BUENOS AIRES (Reuters) – Argentina’s economy ministry said Tuesday it managed to extend the maturities of around 3 trillion pesos ($16.8 billion) in debt following a debt swap that saw a lot…
Remittances to Mexico drop in November amid economic crunch fears
(Reuters) – Remittances to Mexico from abroad dropped in November to $4.8 billion after a series of record months, data from the Mexican central bank showed on Monday, amid fears of a…
Auto lobby slams Swiss plan to curb electric cars in power crunch
ZURICH (Reuters) – The Swiss car importers lobby hit back on Monday at the government’s proposal to limit the use of electric vehicles in any power crunch, saying the mere suggestion could…
China lift, rates shift, crypto crunch
By Mike Dolan LONDON – A look at the day ahead in U.S. and global markets from Mike Dolan. Although Beijing’s moves to defuse tensions over its COVID-19 management stabilised local and…
Christmas shopping comes early for Britons in grip of cost crunch
By James Davey LONDON (Reuters) – More Britons began their Christmas shopping early this year as they navigate a worsening cost-of-living squeeze by budgeting their spending, market research group NielsenIQ said. In…
Cinnamon Toast Crunch Meets Shrimp at Shuckin’ Shack
The oyster bar franchise provides a safe space for shrimp tails and Cinnamon Toast Crunch to mix Wilmington, NC (RestaurantNews.com) Shuckin’ Shack, a 16-unit North Carolina-based oyster bar franchise brand known for…
El Pollo Loco Hears the Call for the Crunch and Celebrates National Taco Day with the Return of the Crunchy Taco
Starting Oct. 4, the beloved fan-favorite is back on the menu for a limited time. Starting Oct. 4, the beloved fan-favorite is back on the menu for a limited time Costa Mesa,…
Analysis-Europe energy crisis may deepen with looming liquidity crunch
By Julia Payne and Dmitry Zhdannikov LONDON (Reuters) – Europe’s problems in sourcing oil and gas this winter after a dispute with Russia may be exacerbated by a new crisis in the…
Analysis-Full gas storage no fix for Europe’s winter energy crunch
By Kate Abnett and Bozorgmehr Sharafedin BRUSSELS (Reuters) -The European Union is on track to beat targets for filling gas storage, but analysts warn the bigger factor for energy security this winter…
Chip crunch easing could weigh on pricing power, Tavares says
MILAN – A slow but steady improvement in the chip supply situation over the next year will eventually limit automakers’ pricing power that has been boosting earnings across the industry in recent…
Half of Britons changing food-buying habits to cope with cost-of-living crunch
By James Davey LONDON – Almost half of Britons are changing what they buy to feed their families as they try to navigate a worsening cost-of-living crisis, according to survey data published…
As New Zealand reopens, exodus worsens labour crunch
By Lucy Craymer WELLINGTON – New Zealand’s easing of its strict border curbs has triggered a rush of new departures among locals seeking fresh opportunities abroad, adding further pressure to the country’s…
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