Oil Falls On Fears Of Global Recession, China COVID Flare-up
By Alex Lawler LONDON (Reuters) -Oil prices fell about 2% on Tuesday, extending the previous session’s almost 2% decline, as…
October 11, 2022
General Motors broadens electric goals with new division
General Motors, which plans to go almost entirely electric by 2035, is creating a new energy division that will produce…
Bank of England expands push to stabilize financial markets
LONDON (AP) — The Bank of England on Tuesday expanded its emergency effort to quash upheaval on financial markets unleashed…
IMF dims outlook for 2023 global economy amid Ukraine war
WASHINGTON (AP) — The International Monetary Fund is downgrading its outlook for the world economy for 2023, citing a long…
Polish Central Bank Governor, Four Rate Setters Consider Legal Action Against Some Colleagues
By Alan Charlish and Anna Wlodarczak-Semczuk WARSAW (Reuters) -Poland’s central bank Governor Adam Glapinski and four other rate setters threatened…
Japanese automaker Nissan says it is pulling out of Russia
TOKYO (AP) — Japanese automaker Nissan Motor Co. said Tuesday that it plans to sell its Russian operations to its…
German Union Calls On Amazon Workers To Strike During Sale
BERLIN (Reuters) -German trade union Verdi on Tuesday called on workers at nine Amazon distribution centres across Germany to go…
Nissan Takes $687 Million Loss As Sells Russian Business For 1 Euro
TOKYO (Reuters) -Nissan Motor Co Ltd will hand over its business in Russia to a state-owned entity for 1 euro…
UK Labour Market Exodus Drives Jobless Rate Down To 3.5%
By William Schomberg LONDON (Reuters) -Britain reported a record jump in the number of people leaving the labour market in…
New Zealand ski areas lacking snow face possible bankruptcy
WELLINGTON, New Zealand (AP) — Two of New Zealand’s largest ski areas on Tuesday were placed into a type of…