Author Archives: Syndicated Content
Barclays raises U.S. minimum hourly wage to $20.50
(Reuters) - British bank Barclays PLC on Thursday raised the minimum hourly wage for its U.S. employees to $20.50 from $17, months after a similar move by rival Bank of America Corp. The new rate will...
Mar 31, 2022
U.S. consumer spending slows sharply in February; weekly jobless claims increase
WASHINGTON (Reuters) - U.S. consumer spending slowed significantly in February, while price pressures continued to mount, with inflation posting its largest annual gain since the early 1980s. The Comm...
Mar 31, 2022
Sao Paulo Governor Doria to drop out of Brazil presidential race, papers say
SAO PAULO (Reuters) - The governor of Brazil's most populous and richest state, Joao Doria, will announce his decision not to run for president later on Thursday, according to local newspapers citing ...
Mar 31, 2022
Analysis-“Slow-balisation”: how war, pandemic are reshaping global trade
By Philip Blenkinsop BRUSSELS (Reuters) - Raising the drawbridge has been a response to war and pestilence throughout human history, and the tumultuous winter of 2022 has similarly led trading nations...
Mar 31, 2022
Czech central bank raises key interest rate by 50 bps to highest since 2001
PRAGUE (Reuters) - The Czech National Bank (CNB) on Thursday raised its main interest rate by 50 basis points to 5.00%, bringing it to the highest level since 2001 as expected as policymakers battle a...
Mar 31, 2022
Tension simmers as Norwegian criticises Qatari human rights record at FIFA congress
By Ossian Shine and Simon Evans DOHA (Reuters) - Simmering tensions boiled to the surface at the FIFA congress on Thursday when Norway's soccer chief Lise Klaveness hit out at the 2022 World Cup's Qat...
Mar 31, 2022
Houthis still welcome to join Yemen talks in Riyadh, says GCC official
DUBAI (Reuters) - An invitation for Yemen's Iran-aligned Houthis to join Yemeni talks in Saudi Arabia remains on the table, the Gulf Cooperation Council (GCC) assistant secretary-general Abdulaziz Al-...
Mar 31, 2022
Pakistan disbands COVID-19 response body as infections at lowest
By Syed Raza Hassan KARACHI, Pakistan (Reuters) - Pakistan has disbanded the National Command and Operations Center (NCOC), which was overseeing the COVID-19 response in the country, as the infection'...
Mar 31, 2022
Petrobras, PetroRio advance in Albacora Leste talks; twin field trickier, sources say
By Gram Slattery RIO DE JANEIRO (Reuters) - Brazilian oil company PetroRio SA is close to agreeing on terms to purchase the Albacora Leste field from state-run oil company Petrobras, two sources with ...
Mar 31, 2022
Brazil’s Petrobras loses $400 million court case to Paragon Offshore
SAO PAULO (Reuters) - Brazil's Petrobras said on Thursday that a Rio de Janeiro state court has ruled against the state-run oil company in a case brought up by drilling contractor Paragon Offshore Ned...
Mar 31, 2022
