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15 Apr

Autos rebound fuels U.S. manufacturing output gain in March

A sharp rebound in automotive output in March spurred a third straight monthly gain in U.S. factory activity, perhaps signaling the worst of the production woes that have dogged the motor vehicle industry over the last year may have passed.

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15 Apr

Oil firms secure injunctions to stop UK climate protests

Three firms involved in Britain's oil sector, including ExxonMobil, have secured injunctions to stop protests by climate change activists which have caused widespread disruption this month, the government said on Friday.

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15 Apr

Russian Deputy PM says several buyers agree to pay in roubles for Russian gas

Several buyers of Russian gas have agreed to switch to payments in roubles, Russian Deputy Prime Minister Alexander Novak said on Friday.

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15 Apr

IDB board votes to probe allegations against chief Claver-Carone - sources

WASHINGTON (Reuters) -The board of governors of the Inter-American Development Bank has approved a resolution to hire an outside firm to investigate allegations that IDB President Mauricio Claver-Carone had an inappropriate relationship with a subordinate, sources familiar with the decision said on Thursday.

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15 Apr

China cuts reserve requirements for banks as economy slows

China said on Friday it would cut the amount of cash that banks must hold as reserves for the first time this year, releasing about 530 billion yuan ($83.25 billion) in long-term liquidity to bolster a sharp slowdown in economic growth.

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15 Apr

Explainer-Michael Barr faces long to-do list as the U.S. Fed's next Wall Street cop

U.S. President Joe Biden on Friday said he would nominate former Treasury official Michael Barr to be the Federal Reserve's Wall Street cop, replacing Sarah Bloom Raskin, who withdrew in March after failing to win support from moderate Democrats.

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15 Apr

Investors turn to defensive stocks as economic concerns grow

U.S. stock investors worried geopolitical uncertainty and the Federal Reserve's fight against inflation could dent economic growth are heading for defensive sectors they believe can better weather turbulent times and tend to offer strong dividends.

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Latest Articles

  • China receives US equipment to make advanced chips despite new rules - report
  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
  • Google's expert in US antitrust trial defends billions paid to device makers
  • Post-strike Hollywood rushes to get film, TV sets humming

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