By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) – Uniper, the largest corporate casualty of Europe’s energy crisis so far, said Berlin would need to pump as much as[...]
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November 23, 2022
Moody’s sees debt loads of large Latin American sovereigns likely staying high
MEXICO CITY (Reuters) – Moody’s Investors Service on Wednesday said the debt loads of large Latin American sovereigns will likely stay high, constraining governments’ ability to supp[...]
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U.S. retailers add cameras, steel cables to deter holiday crime
By Siddharth Cavale and Arriana McLymore NEW YORK (Reuters) -Retailers ranging from Walmart to Barnes & Noble are installing cameras or locking away items to deter shoplifters and thieves as they[...]
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Brazil’s central bank chief criticizes spending plan uncertainties
BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto on Wednesday reiterated concerns about the spending program planned by the government of President-elect Luiz Inacio Lu[...]
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Centeno wants ECB to send clear message of gentler rate hikes
By Sergio Goncalves and Andrei Khalip LISBON (Reuters) -The European Central Bank should slow the pace of interest rate hikes from December and send a clear message that 75-basis-point increases are n[...]
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Europe’s STOXX 600 hits over 3-month highs; Credit Suisse drops after flagging hefty loss
By Sruthi Shankar and Devik Jain (Reuters) -Europe’s STOXX 600 index closed higher on Wednesday as gains in miners offset losses in Credit Suisse after its profit warning, while investors awaite[...]
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Xiaomi revenue falls in third quarter as COVID-19 controls bite
SHANGHAI (Reuters) -Chinese smartphone maker Xiaomi Corp on Wednesday reported a 9.7% fall in third-quarter revenue, hit by China’s COVID-19 restrictions and softening consumer demand. Sales in[...]
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U.S. crude oil stocks in SPR fall to lowest level since March 1984 – EIA
(Reuters) – U.S. crude oil stocks in the Strategic Petroleum Reserve fell by 1.6 million barrels in the latest week to 390.5 million barrels, the lowest level since March 1984, the Energy Inform[...]
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Mexico’s central bank not about to ‘decouple’ from Fed on rates, board member says
MEXICO CITY (Reuters) – The Mexican central bank is “not ready yet to decouple” from the U.S. Federal Reserve, and to do so prematurely could weaken the peso currency, Bank of Mexico[...]
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