By Steve Scherer OTTAWA (Reuters) – The Bank of Canada will offer minutes from its policy-setting meeting this week for the first time in its history, a move some analysts say will help restore[...]
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Politics
German finance minister warns against quick decoupling from China
BERLIN (Reuters) – Germany must reduce its dependence on China gradually as decoupling from the Chinese market would costs jobs in Europe’s biggest economy, Finance Minister Christian Lind[...]
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Unions press Biden administration to not change EV tax credit rules
By David Shepardson WASHINGTON (Reuters) – Major unions and public interest and environmental groups are urging President Joe Biden to reject efforts by the European Union and other foreign gove[...]
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U.S. House eyes creating task force on flawed aviation computer system
By David Shepardson WASHINGTON (Reuters) -The U.S. House of Representatives plans to take up bipartisan legislation next week to establish a Federal Aviation Administration (FAA) task force to improve[...]
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U.S. hits debt ceiling as partisan standoff sparks economic worries
By David Morgan and David Lawder WASHINGTON (Reuters) – The U.S. government hit its $31.4 trillion borrowing limit on Thursday, amid a standoff between the Republican-controlled House of Represe[...]
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Intel says Italy still in the game as talks over chip plant continue
MILAN (Reuters) -Italy remains a potential location for Intel to build a new European chip plant, the U.S. chipmaker told Reuters on Friday, having set out last March a plan to boost production in Eur[...]
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BoC to raise rates by 25 bps to peak of 4.50% on Jan. 25: Reuters poll
By Swathi Nair BENGALURU (Reuters) – The Bank of Canada will hike its key interest rate by a modest quarter point to 4.50% on Jan. 25 and then hit pause on an aggressive tightening campaign, acc[...]
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Marketmind: Netflix flickers
A look at the day ahead in U.S. and global markets from Mike Dolan. With the macro picture turning foggy again, streaming giant Netflix generated a rare bright spark in an otherwise gloomy corporate e[...]
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As South Korean government proposes flexible overtime rules, some fear workers may suffer
By Hyunsu Yim SEOUL(Reuters) – The administration of South Korean president Yoon Suk Yeol wants to allow people to work up to 69 hours a week – up from the current 52 – and bank over[...]
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