Category Archives:
British EV startup Arrival announces reverse stock split
(Reuters) - British EV startup Arrival SA said on Tuesday its shareholders, on April 6, approved a reverse stock split at a ratio of one-for-fifty to gain compliance with Nasdaq's listing regulations....
Apr 11, 2023
India lawmaker objects to opposition leader Gandhi’s appeal against defamation conviction
By Sumit Khanna AHMEDABAD (Reuters) - An Indian state lawmaker who accused main opposition Congress party leader Rahul Gandhi of defamation has objected to his appeal in a higher court, according to a...
Apr 11, 2023
Glencore proposes cash component in bid for Teck Resources
LONDON (Reuters) - Glencore on Tuesday proposed introducing a cash component to its takeover offer of Teck Resources and urged the board to delay an impeding shareholder vote on its restructuring plan...
Apr 11, 2023
Fed’s Williams: one more interest rate hike a ‘reasonable starting place’
(Reuters) - The prospect of the Federal Reserve raising its benchmark interest rate only once more and in a 25 basis point increase is a useful starting point but the central bank's policy path will d...
Apr 11, 2023
Erdogan launches election campaign with pledge to slash Turkey inflation
ANKARA (Reuters) - Turkish President Tayyip Erdogan launched his AK Party's (AKP) re-election campaign on Tuesday with a pledge to slash inflation to single digits and boost economic growth, as he see...
Apr 11, 2023
Russia may see wider 2023 budget deficit, lower growth for years to come -IMF
By Alexander Marrow MOSCOW (Reuters) - Russia may see a sharply wider budget deficit and a smaller current account surplus this year, while global isolation and lower energy revenues dampen its econom...
Apr 11, 2023
Fortune teller sees bleak future as Sri Lankans celebrate new year
By Uditha Jayasinghe PAMUNUWA (Reuters) - Fortune teller Andara Maanage Chandani, who runs a small shrine at her home near Colombo, says she used to make enough money to buy clothes for all eight memb...
Apr 11, 2023
IMF warns deeper financial turmoil would slam global growth
By David Lawder WASHINGTON (Reuters) - The International Monetary Fund on Tuesday trimmed its 2023 global growth outlook slightly as higher interest rates cool activity but warned that a severe flare-...
Apr 11, 2023
UK economy set for smaller hit in 2023 than previously feared – IMF
(Reuters) - Britain now looks set for a shallower economic hit this year than previously thought but remains on course to suffer the sharpest contraction among the world's big, advanced economies, the...
Apr 11, 2023
IMF chief economist: stability risks should not deter central bank inflation fight
WASHINGTON (Reuters) - Central banks should not halt their fight against inflation because of financial stability risks, which look "very much contained," International Monetary Fund chief economist P...
Apr 11, 2023
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