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May 23, 2022
China’s Property Market Woes Expected To Worsen In 2022 – Reuters Poll
By Liangping Gao and Ryan Woo BEIJING (Reuters) – China’s property market woes are likely to worsen this year with…
U.S. Agency Issues Order To Speed Baby Formula Ingredient Deliveries
By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Motor Carrier Safety Administration (FMCSA) said it was issuing a national emergency…
Airbnb Says Will Shut Domestic Business In China From July 30
SHANGHAI (Reuters) – Vacation rental firm Airbnb Inc said on Tuesday it will shut down all listings and experiences in…
Fed Policymakers Back Two More Big Rate Hikes, But Then What?
By Howard Schneider and Ann Saphir ATLANTA/ SAN FRANCISCO (Reuters) -U.S. central bankers broadly back two more big interest rate…
Asia Stocks Restrained As U.S. Futures Retreat
By Wayne Cole SYDNEY (Reuters) – Asian shares got off to a sluggish start on Tuesday after a rally on…
Bank Of Korea To Raise Rates Again On May 26, To Hit 2.25% By Year End – Reuters Poll
By Shaloo Shrivastava BENGALURU (Reuters) – South Korea’s central bank is likely to hike its benchmark rate at a second…
Amazon to sublease warehouses as online shopping slows
Amazon is planning to sublease some of its warehouse space now that the pandemic-fueled surge in online shopping, which helped…
Dividend Payouts Hit First Quarter Record, But Outlook Rocky
By Lucy Raitano LONDON (Reuters) – Mining and oil firms led an 11% jump in dividend payouts to a first-quarter…
Stellantis making Indiana announcement; may be battery plant
DETROIT (AP) — Automaker Stellantis has scheduled an announcement for Tuesday in Kokomo, Indiana, for what could be the company’s…
Fed’s George Sees Policy Interest Rate Near 2% By August
(Reuters) – Kansas City Federal Reserve Bank President Esther George on Monday said she expects the U.S. central bank to…