German lawmakers back plan to expand renewable energy
BERLIN (AP) — German lawmakers on Thursday approved a major package of reforms aimed at boosting the production of renewable…
July 2022
Telecom Italia To Cut Thousands Of Jobs In Break-up Plan
By Elvira Pollina ROME (Reuters) -Telecom Italia (TIM) could cut more than 9,000 jobs by 2030 and is ready to…
Lufthansa Staff Call For An End To Cost-cutting Amid Airport Chaos
BERLIN (Reuters) – Lufthansa staff have called on the German flag carrier to end its “cost-cutting craziness”, accusing the airline…
Euro Just Off Two-decade Low, Volatility At Highest Since March 2020
By Stefano Rebaudo (Reuters) -A slight pullback in the dollar offered the euro some respite, allowing it to edge away…
China, U.S. Trade Teams Agree To Maintain Close Communication: China Commerce Ministry
BEIJING (Reuters) – The trade and economic teams of China and the United States agreed to maintain close communication following…
King Dollar, You Reign Supreme
A look at the day ahead in markets from Dhara Ranasinghe. Whoever coined the phrase “king dollar” certainly had good…
Sri Lanka Central Bank Raises Rates, Targets Inflation Despite Contraction In Economy
By Uditha Jayasinghe and Swati Bhat COLOMBO (Reuters) – Sri Lanka’s central bank raised key interest rates to the highest…
Asian markets follow Wall St higher as recession fears ease
BEIJING (AP) — Asian stock markets followed Wall Street higher Friday after two Federal Reserve officials said the U.S. economy…
Russia’s war in Ukraine to overshadow G-20 talks in Bali
JAKARTA, Indonesia (AP) — Foreign ministers from the Group of 20 leading rich and developing nations are gathering in Indonesia’s…
Merck In Advanced Talks To Buy Seagen In Nearly $40-billion Deal – WSJ
(Reuters) -Drugmaker Merck & Co is in advanced talks to buy cancer-focused biotech company Seagen Inc in a deal that…