China Cuts Key Rates, Stepping Up Monetary Stimulus Effort To Underpin Economy
SHANGHAI (Reuters) – China stepped up its monetary easing efforts to prop up a slowing economy this week by lowering…
Oil Prices Ease From 2014 High, Supply Concerns Limit Losses
By Naveen Thukral SINGAPORE (Reuters) – Oil prices slipped back on Thursday after hitting their highest levels since 2014 in…
World Bank Chief Takes Swipe At Microsoft’s $69 Billion Gaming Deal As Poor Countries Struggle
By David Lawder WASHINGTON (Reuters) – World Bank President David Malpass on Wednesday criticized Microsoft’s $69 billion takeover of gaming…
Australia Jobless Number Dives To Lowest Since 2008 As Case Builds For Rate Rise
By Wayne Cole SYDNEY (Reuters) -Australian employment raced ahead in December as the jobless rate fell to its lowest point…
U.S., UK Launch Talks To Resolve Steel, Aluminum Dispute; U.S. Producers Wary
By David Lawder and David Shepardson WASHINGTON (Reuters) -The United States and Britain on Wednesday agreed to start talks aimed…
Fed To Raise Rates Three Times This Year To Tame Unruly Inflation: Reuters Poll
By Indradip Ghosh and Prerana Bhat BENGALURU (Reuters) – The U.S. Federal Reserve will tighten monetary policy at a much…
United posts $646 million loss, omicron casts shadow over 1Q
CHICAGO (AP) — United Airlines lost $646 million in the fourth quarter and said Wednesday that the current spike in…
Biden Says Fed Should ‘recalibrate’ Policy As Prices Rise
WASHINGTON (Reuters) -U.S. President Joe Biden on Wednesday said it was appropriate for the Federal Reserve to recalibrate the support…
US, UK begin talks on lifting Trump’s steel tariffs
WASHINGTON (AP) — The United States and the United Kingdom have agreed to begin talks on removing former President Donald…
Kinder Morgan Profit Tops Expectations On Higher Gasoline, Jet Fuel Volumes
(Reuters) -Kinder Morgan beat Wall Street expectations for fourth-quarter profit on Wednesday, as the U.S. pipeline operator transported higher volumes…