Author Archives: Syndicated Content
Fed to keep rates untouched this year; risk of U.S. default high: Reuters poll
By Indradip Ghosh BENGALURU (Reuters) - The U.S. Federal Reserve will hold its key interest rate steady this year despite an expected recession, according to a Reuters poll of economists, who also sai...
May 17, 2023
U.S. House Speaker McCarthy says he thinks U.S. will not default
WASHINGTON (Reuters) -House Speaker Kevin McCarthy on Wednesday said he believed the United States will not default on its debt now that congressional leaders and President Joe Biden's administration ...
May 17, 2023
Land O’Lakes says US carbon farming payouts top $5 million in 2022
By Karl Plume CHICAGO (Reuters) - Truterra LLC, the carbon farming and sustainable agriculture unit of Land O'Lakes Inc, paid U.S. farmers $5.1 million in 2022 for capturing and storing 262,000 metric...
May 17, 2023
Ripple buys crypto custody firm Metaco for $250 million
By Elizabeth Howcroft LONDON (Reuters) - U.S. crypto firm Ripple has bought Switzerland-based crypto custody firm Metaco for $250 million, in its first major acquisition, Ripple said on Wednesday. Met...
May 17, 2023
Ecuador president dissolves legislature, bringing elections forward
By Alexandra Valencia QUITO (Reuters) - Ecuador's President Guillermo Lasso dissolved the National Assembly in a decree on Wednesday, bringing forward legislative and presidential elections, a day aft...
May 17, 2023
China’s Xi pledges deeper Kazakh ties in times of ‘prosperity and adversity’
By Andrew Hayley XIAN, China (Reuters) - China wants to further deepen relations with Kazakhstan based on mutual trust in times of both "prosperity and adversity", President Xi Jinping told his visiti...
May 17, 2023
Tesla proposes new EV plant in India for domestic sales, exports -source
By Aditya Kalra NEW DELHI (Reuters) -Tesla Inc has proposed setting up a factory in India to build electric cars for domestic sale and export, the carmaker told government officials on Wednesday, acco...
May 17, 2023
Greece’s Alexandroupolis port gets $26 million EU funding
ATHENS (Reuters) - Greece has secured 24 million euros ($26 million) in European Union funding to upgrade its northern Aegean Sea port of Alexandroupolis, privatisation agency HRADF said on Wednesday....
May 17, 2023
T.J. Maxx parent lifts profit forecast on easing costs, steady demand
(Reuters) -TJX Cos Inc raised its annual profit forecast on Wednesday, banking on lower costs and resilient demand from inflation-hit consumers switching to discount retailers. The company is starting...
May 17, 2023
Vivendi indicates ex-Leonardo chairman for Telecom Italia board-sources
MILAN (Reuters) - Telecom Italia's top shareholder Vivendi has proposed Luciano Carta, a former chairman at Italian defence group Leonardo to fill a vacant seat on the former phone monopoly's board, t...
May 17, 2023
