Author Archives: Syndicated Content
Union Pacific to miss margin forecast as costs mount
(Reuters) - Union Pacific Corp on Tuesday warned it would miss full-year margin targets as the railroad operator takes on rising costs related to fuel, wages and its network. The Nebraska-based compan...
Jun 07, 2022
U.S. faces “unacceptable levels of inflation,” Yellen tells senators
WASHINGTON (Reuters) - The United States faces "unacceptable levels of inflation" and an appropriate budgetary stance is needed to help dampen inflationary pressures without undermining the economy, U...
Jun 07, 2022
World Bank slashes global growth forecast to 2.9%, warns of ‘stagflation’ risk
By Andrea Shalal WASHINGTON (Reuters) - The World Bank on Tuesday slashed its global growth forecast by 1.2 percentage points to 2.9% for 2022, warning that Russia's invasion of Ukraine has compounded...
Jun 07, 2022
Facing ‘severe’ energy crisis, Pakistan reverts to five-day work week
By Asif Shahzad ISLAMABAD (Reuters) - Pakistan will reduce its official work week to five days from six in a bid to reduce energy and fuel consumption as part of an energy conservation plan approved b...
Jun 07, 2022
IMF worried about impact of South Africa’s growth outlook on poverty
JOHANNESBURG (Reuters) - The International Monetary Fund (IMF) said on Tuesday at the end of a visit to South Africa that its staff were increasingly concerned about the country's economic growth outl...
Jun 07, 2022
NATO combat unit in Lithuania could grow to German-led brigade in longer term – Scholz
VILNIUS (Reuters) - Berlin and Vilnius will take preparations to expand the multinational NATO combat unit in Lithuania to the size of a brigade eventually, the countries' leaders said in a joint stat...
Jun 07, 2022
Soccer-Norway’s Hegerberg to play at Women’s Euro
(Reuters) - Forward Ada Hegerberg will play her first major international tournament in five years at the upcoming Women's Euro after she was included in Norway's 23-player squad on Tuesday. Hegerberg...
Jun 07, 2022
Palestinians pay partial wages amid protests over rise in food prices
By Nidal al-Mughrabi GAZA (Reuters) - The Palestinian Authority announced on Tuesday it would pay partial salaries to most of its employees after Israel transferred some revenues it collects on the Pa...
Jun 07, 2022
Russian parliament votes to scrap parallel import penalties
LONDON (Reuters) - Russia's lower house of parliament on Tuesday approved a bill in the first reading that removes legal liability for parallel imports of a range of goods and intellectual property af...
Jun 07, 2022
Russia’s Aeroflot to raise up to $3 billion via new share issue
(Reuters) - Russian state flagship Aeroflot airline, struggling from western sanctions which blocked it from most of the flights abroad, plans to raise up to 185.2 billion roubles ($3 billion) from ne...
Jun 07, 2022
