Author Archives: Syndicated Content
Canada Q2 annualized GDP most likely grew 4.6%, higher than BoC forecast
OTTAWA (Reuters) - The Canadian economy most likely grew at an annualized rate of 4.6% in the second quarter over the first, above the Bank of Canada's projection, Statistics Canada said in a flash es...
Jul 29, 2022
U.S. labor costs increase strongly in the second quarter
WASHINGTON (Reuters) - U.S. labor costs increased strongly in the second quarter as a tight jobs market continued to boost wage growth, which could keep inflation elevated for a while. The Employment ...
Jul 29, 2022
China says U.S. chip act will distort global semiconductor supply chain
HONG KONG (Reuters) - China's commerce ministry said on Friday that a major new chips act passed by the U.S. Congress will distort the global semiconductor supply chain and disrupt international trade...
Jul 29, 2022
White House to host meeting of abortion rights lawyers, activists
By Jarrett Renshaw (Reuters) - The White House will host the inaugural meeting of pro bono attorneys and activists who defend abortion rights on Friday, in the wake of the U.S. Supreme Court's overtur...
Jul 29, 2022
Moderna to supply 66 million doses of bivalent COVID booster to U.S
(Reuters) - Moderna Inc said on Friday it has signed an agreement with the U.S. government to supply 66 million doses of its bivalent booster vaccine that targets the Omicron variants of the coronavir...
Jul 29, 2022
U.S. oil giants Exxon, Chevron post blowout earnings, ramp up buybacks
By Sabrina Valle (Reuters) - The two largest U.S. oil companies, Exxon Mobil and Chevron Corp, posted record revenue on Friday, bolstered by surging crude oil and natural gas prices and following simi...
Jul 29, 2022
Uber adds driver incentives in U.S. ahead of results report
By Gigi Zamora (Reuters) - Uber Technologies Inc's CEO said the company is expanding a program in the United States to show drivers fare value and routes before accepting rides, part of its efforts to...
Jul 29, 2022
Indonesia, U.S. to hold military exercise amid heightened Indo-Pacific tensions
JAKARTA (Reuters) - Some 4,000 soldiers mostly from Indonesia and the United States will conduct a joint military exercise next week that underscores "the importance we place on a free and open Indo-P...
Jul 29, 2022
Taiwan says ‘key position’ in semiconductors won’t be shaken as US passes chip act
TAIPEI (Reuters) - Taiwan's "key position" in making semiconductors will not be shaken and production on the island is the most efficient way of doing things, the Economy Ministry said on Friday in re...
Jul 29, 2022
China extends tax exemption for electric cars, state media says
BEIJING (Reuters) - China will extend an exemption of purchase taxes on "new energy" vehicles as part of the measures to boost domestic consumption, state media said on Friday, following a cabinet mee...
Jul 29, 2022
