U.S. Treasury’s Yellen Says Fed Can Bring Down Inflation Without Causing Recession
WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said that she believes the Federal Reserve can bring down inflation without causing…
May 2022
Swedish Match Investors Divided Over Philip Morris Bid
By Richa Naidu LONDON (Reuters) -Some Swedish Match investors are divided about whether Philip Morris’ $16 billion offer for the…
Balkan Companies See ‘near-shoring’ Opportunity With Global Supply Woes
By Daria Sito-Sucic SARAJEVO (Reuters) – As supply chain disruptions caused by the COVID-19 pandemic, war in Ukraine and lockdowns…
Is Disney the Happiest Place on Earth for Investors?
M-I-C-K-E-Y M-O-U-S-E! Ah the joyous sound of children singing that song. This is one of the many reasons why the…
U.S. Labor Market Still Tightening; Producer Price Gains Moderate
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly rose last week,…
Average long-term US mortgage rates edge up to 5.3%
WASHINGTON (AP) — Average long-term U.S. mortgage rates edged up again this week, with interest on the key 30-year loan…
Swedish Match Top 10 Investor Says Philip Morris Bid A ‘healthy Premium’
LONDON (Reuters) – Philip Morris’ $16 billion offer for Stockholm-based Swedish Match represents a “healthy premium” and the Marlboro maker…
Fed Chief Powell’s Senate Confirmation Vote Set For Thursday
WASHINGTON (Reuters) -The U.S. Senate on Thursday is set to decide whether to give Jerome Powell a second term as…
Fears That High Inflation Could Crimp Global Growth Send Dollar To 20-yr High
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar climbed to a 20-year high on Thursday as concerns persisted that…
Roche Chairman: Broad Pipeline Can Cushion Blow From Cancer Setback
ZURICH (Reuters) – Roche administrative-board Chairman Christoph Franz said on Thursday a wide product development pipeline at the Swiss pharma…