Author Archives: Syndicated Content
Moscow approves Unilever deal to offload Russian assets, RBC cites sources
MOSCOW (Reuters) -Consumer goods giant Unilever has received Russian government approval to sell its assets in Russia, the RBC business daily reported on Wednesday, citing unnamed sources familiar wit...
Sep 04, 2024
GM battery joint venture agrees to recognize UAW at Tennessee plant
By Nora Eckert and David Shepardson (Reuters) -The United Auto Workers said Wednesday a battery manufacturing joint venture between GM and LG Energy Solution has agreed to recognize the union at a Ten...
Sep 04, 2024
Fed's Bostic warns against keeping restrictive policy stance for too long
(Reuters) - The U.S. central bank must not keep interest rates too high much longer or it risks causing too much harm to employment, Atlanta Federal Reserve President Raphael Bostic said on Wednesday....
Sep 04, 2024
Analysts polled by Russian central bank forecast 7.3% year-end inflation
MOSCOW (Reuters) - Analysts polled by Russia's central bank expect year-end inflation at 7.3%, the bank said on Wednesday, well above the 4% target and just shy of the 7.4% reading for 2023. Soaring i...
Sep 04, 2024
Citi says 2025 oil prices could average $60/bbl without deeper OPEC+ cuts
(Reuters) - If producer group OPEC+ doesn't reduce production further, the average price of oil could drop to $60 per barrel in 2025 due to reduced demand and increased supply from non-OPEC countries,...
Sep 04, 2024
US job openings fall to 3-1/2-year low in July
WASHINGTON (Reuters) - U.S. job openings dropped to a 3-1/2-year low in July, suggesting the labor market was losing steam, but probably not enough for the Federal Reserve to consider a big interest r...
Sep 04, 2024
Fed seen more likely to deliver bigger rate cuts as job openings fall
(Reuters) - Traders on Wednesday added to bets that the Federal Reserve will deliver a half-a-percentage-point reduction at its next meeting, after data showed job openings in July fell to the lowest ...
Sep 04, 2024
Amgen to test its obesity drug in patients at risk of obesity-related diseases
(Reuters) - Amgen will test its obesity drug candidate in patients at risk of obesity-related conditions such as heart, liver and kidney diseases in its late-stage trial, the company's CEO Robert Brad...
Sep 04, 2024
Grand jury indicts Texas woman in attempted drowning of 3-year-old Muslim girl
By Kanishka Singh WASHINGTON (Reuters) - A Texas woman has been formally indicted by a grand jury in the attempted drowning of a 3-year-old Palestinian American Muslim girl in a May incident that loca...
Sep 04, 2024
Waste not: Taiwan workshop turns trash into sunglasses
By Angie Teo and Ann Wang TAIPEI (Reuters) - Plastic bottle caps, food packaging, single-use utensils and scrapped toys are just some of the throw-away items that have been given a new life at a zero-...
Sep 04, 2024
