Author Archives: Syndicated Content
US producer prices fall more than expected in May on energy costs
WASHINGTON (Reuters) - U.S. producer prices fell more than expected in May and the annual increase in producer inflation was the smallest in nearly 2-1/2 years, strengthening the case for the Federal ...
Jun 14, 2023
Sudan’s war exacts deadly toll on dialysis patients, leaves bodies rotting
By Adam Makary CAIRO(Reuters) - Kidney dialysis patients are dying and dead bodies have been left to decompose in a morgue and in city streets as Sudan's war rages on, despite efforts by volunteers an...
Jun 14, 2023
Volkswagen passenger cars targeting 10 billion euros higher earnings via cost cuts
BERLIN (Reuters) - Volkswagen's passenger car brand aims to increase earnings by around 10 billion euros ($10.82 billion) by 2026 to hit its return on sales target of 6.5%, Chief Financial Officer Arn...
Jun 14, 2023
Explainer-Why are Nvidia’s shares soaring and what is its role in the AI boom?
(Reuters) - Chip designer Nvidia closed Tuesday with a trillion-dollar market value for the first time, part of a steady climb in the stock's price in recent months on the back of the artificial intel...
Jun 14, 2023
Safran nears $1.8 billion deal to acquire Raytheon’s flight controls unit-source
By David Carnevali (Reuters) - French aerospace engine maker Safran SA is nearing an approximately $1.8 billion deal to acquire a Raytheon Technologies Corp unit that makes flight controls for aircraf...
Jun 14, 2023
Hong Kong protest anthem’s online presence fades as govt seeks total ban
By Jessie Pang HONG KONG (Reuters) -Various versions of the pro-democracy protest anthem "Glory to Hong Kong" were unavailable on Apple's iTunes Store, Spotify, Facebook and Instagram's Reels on Wedne...
Jun 14, 2023
Explainer-Why any deal for Berlusconi’s TV business MFE could take time
By Elvira Pollina and Mathieu Rosemain MILAN (Reuters) - Merger and acquisition speculation has lifted shares in MFE, the late Silvio Berlusconi's TV business, following his death, but a number of obs...
Jun 14, 2023
Most G20 nations see banking system sound as bloc talks financial stability – official
NEW DELHI (Reuters) - Most G20 member nations are of the view that banking systems and regulations in their countries are steady, India's chief economic advisor said on Wednesday. "Most country member...
Jun 14, 2023
Lebanon’s crisis deepens as presidential vote collapses
By Maya Gebeily and Laila Bassam BEIRUT (Reuters) - The powerful Hezbollah group and its allies thwarted a bid by their rivals to elect a top IMF official as Lebanon's president on Wednesday, sharpeni...
Jun 14, 2023
Kremlin says state or group of states may have blown up Nord Stream
MOSCOW (Reuters) - The Kremlin said on Wednesday that it was studying all information about the blasts that destroyed the Nord Stream pipelines last September, and said that a state or group of states...
Jun 14, 2023
Fri Jul 3
Battle Creek, MI, USA
70°FWind/Dir: 13 MPH-SSE
Humidity: 94%
