Inflation Data Next Focus For Investors After Bond Yield Spike
By Lewis Krauskopf NEW YORK (Reuters) -Wild swings in stocks and a sharp run-up in government bond yields are putting…
Headlines
ECB’s Knot Sees First Interest Rate Hike In Fourth Quarter Of 2022
By Toby Sterling and Bart H. Meijer AMSTERDAM (Reuters) – Klaas Knot, the Dutch central bank president and a member…
Volkswagen Does Not See Chip Shortage Ending This Year – Automobilwoche
BERLIN (Reuters) – Volkswagen does not expect the global shortage of semiconductors to end this year although it should further…
Porsche Expects Another Record Year For Sales Despite Chip Shortage – Automobilwoche
BERLIN (Reuters) – Luxury carmaker Porsche AG expects another record year for sales despite the global semiconductor chip shortage, its…
GlobalWafers Says Funds For Failed Siltronic Take Over To Go Into Capacity Expansion
TAIPEI (Reuters) – Taiwan’s GlobalWafers Co Ltd said on Sunday that funds for a failed 4.35-billion-euro ($4.98 billion) takeover of…
NBC’s Olympics Opening Ceremony Coverage Draws Nearly 14 Million U.S. TV Viewers
(Reuters) – NBC’s full-day coverage of the opening ceremony for the Beijing Olympic Games averaged close to 14 million U.S….
Monte Dei Paschi Set To Name Veteran Banker Lovaglio As CEO, Sources Say
By Giuseppe Fonte ROME (Reuters) – Italy’s Monte dei Paschi di Siena (MPS) could name a new chief executive as…
Venezuelan Court Upholds Long Prison Stints For ‘Citgo Six’
By Deisy Buitrago CARACAS (Reuters) – A Venezuelan appeals court has upheld long prison terms on corruption charges for six…
China Says U.S. Tariff Extension On Solar Products Hurts New Energy Trade
SHANGHAI (Reuters) – A U.S. extension of tariffs on solar products distorts international trade and hinders the development of clean,…
Biden To Sign Executive Order Boosting Rights Of 200,000 Construction Workers
By Nandita Bose WASHINGTON (Reuters) – U.S. President Joe Biden will sign an executive order on Friday requiring “project labor…