Author Archives: Syndicated Content
Investors increase their bets on a 100 basis-point BoE rate hike
LONDON (Reuters) - Investors increased their bets on the Bank of England raising its benchmark rate by a full percentage point on Nov. 3 after the government of British Prime Minister Rishi Sunak dela...
Oct 26, 2022
Harley profit rises as pent-up demand fuels improved shipments
(Reuters) - Harley-Davidson Inc reported a 60% jump in quarterly profit on Wednesday as higher shipments and strong pricing allowed the 119-year-old motorcycle maker to navigate cost inflation. The co...
Oct 26, 2022
Big Tech tumbles as results sound alarm bells
(Reuters) - Grim results from Alphabet Inc and Microsoft Corp stoked fears of a global economic downturn and slammed the brakes on a fragile recovery in stock markets ahead of earnings from other tech...
Oct 26, 2022
BASF expects majority of European job cuts to be handled via attrition
FRANKFURT (Reuters) - BASF said it expects the majority of job cuts in Europe, part of as-yet unspecified cutbacks over the next few years, to be carried out through retirements and people moving to o...
Oct 26, 2022
Cricket-England deserve to ‘hurt’ from Ireland shock: Buttler
By Ian Ransom MELBOURNE (Reuters) - England captain Jos Buttler refused to blame the rain for the shock loss to Ireland at the T20 World Cup on Wednesday and demanded his team feel the "hurt" before r...
Oct 26, 2022
Saudi Aramco launches $1.5 billion fund, says energy transition plan flawed
By Rachna Uppal, Maha El Dahan and Aziz El Yaakoubi RIYADH (Reuters) -Oil giant Saudi Aramco launched a $1.5 billion fund to support an inclusive global energy transition on Wednesday while Saudi offi...
Oct 26, 2022
IMF chief wants central banks to keep raising rates to hit ‘neutral’ level
By Christian Kraemer BERLIN (Reuters) - International Monetary Fund chief Kristalina Georgieva said on Wednesday that central banks should keep raising interest rates further to fight inflation until ...
Oct 26, 2022
Truck maker Volvo to build battery modules plant in Belgium
STOCKHOLM (Reuters) -Swedish truck maker Volvo Group said on Wednesday its plant in Ghent in Belgium would start to produce battery modules in 2025. "The investment decision to install battery module ...
Oct 26, 2022
Kremlin says it may transfer assets in annexed Ukrainian regions to Russian companies
MOSCOW (Reuters) - The Kremlin on Wednesday said that assets in the four Ukrainian regions that Russia said it had annexed last month may in future be transferred to Russian companies. Kremlin spokesm...
Oct 26, 2022
Cricket-Rain washes out New Zealand-Afghanistan clash at T20 World Cup
By Ian Ransom MELBOURNE (Reuters) -New Zealand's Super 12 match against Afghanistan at the T20 World Cup was abandoned on Wednesday without a ball bowled due to rain, leaving both teams to share the p...
Oct 26, 2022
