3/3 © Reuters. FILE PHOTO: R.J. Scaringe, Rivian’s 35-year-old CEO, introduces his company’s R1T all-electric pickup truck at Los Angeles Auto Show in Los Angeles, California, U.S. November 27, 2018. REUTERS/Mike Blake/File Photo 2/3 (Reuters) -Rivian Automotive, backed by Amazon.com Inc (NASDAQ:AMZN), on Friday significantly raised the expected offer price of its shares, with the…
2/2 © Reuters. FILE PHOTO: Signage for a job fair is seen on 5th Avenue after the release of the jobs report in Manhattan, New York City, U.S., September 3, 2021. REUTERS/Andrew Kelly 2/2 By Lucia Mutikani WASHINGTON (Reuters) – U.S. employment increased more than expected in October as the headwind from the surge in…
© Reuters. FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas/File Photo MEXICO CITY (Reuters) – The International Monetary Fund (IMF) on Friday said Mexico’s recent inflationary pressures, while mostly temporary, pose a difficult balancing act amid still sizable slack in its…
© Reuters. FILE PHOTO: U.S. President Joe Biden responds to a question from a reporter after speaking about coronavirus disease (COVID-19) vaccines and booster shots in the State Dining Room at the White House in Washington, U.S., September 24, 2021. REUTERS/Evelyn By Nandita Bose, David Shepardson, Ahmed Aboulenein and Tom Hals WASHINGTON (Reuters) -President Joe…
© Reuters. U.S. Senate Democratic Leader Chuck Schumer (D-NY) is flanked by U.S. Senators’ Patrick Leahy (D-VT) and Amy Klobuchar (D-MN) as he faces reporters following the Senate Democrats weekly policy lunch at the U.S. Capitol in Washington, U.S., November 2, 202 By David Morgan and Susan Cornwell WASHINGTON (Reuters) -A leading moderate Democrat raised…
© Reuters. FILE PHOTO: Isabel Schnabel, member of the German advisory board of economic experts attends the 29th Frankfurt European Banking Congress (EBC) at the Old Opera house in Frankfurt, Germany November 22, 2019. REUTERS/Ralph Orlowski FRANKFURT (Reuters) -The European Central Bank is aware of people’s fears about high inflation but is very unlikely to…
© Reuters. FILE PHOTO: The Federal Reserve building is pictured in Washington, D.C., U.S., August 22, 2018. REUTERS/Chris Wattie By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – The Federal Reserve threw its weight back behind the drive for a full U.S. jobs recovery on Wednesday, restating its belief that current high inflation is “expected…
© Reuters. FILE PHOTO: A tourist shows his “Green Pass”, a document showing proof of coronavirus disease (COVID-19) immunity, as he enters the Colosseum, in Rome, Italy, September 16, 2021. REUTERS/Yara Nardi By Sanjana Shivdas (Reuters) -Booking Holdings Inc topped market expectations for quarterly profit and revenue on Wednesday, but said a COVID-19 resurgence in…
© Reuters. A general view of the city skyline of Jakarta, the capital city of Indonesia, August 5, 2021. REUTERS/Ajeng Dinar Ulfiana By Vivek Mishra BENGALURU (Reuters) – Indonesia’s economic growth is expected to have slowed significantly in the third quarter as restrictions imposed to prevent the spread of the coronavirus Delta variant put the…
SYDNEY (Reuters) – Reserve Bank of Australia Governor Philip Lowe said the central bank decided to discontinue its yield target on Tuesday because its effectiveness had declined as the economy improved and interest rate expectations changed. “Given our forecasts, it is still entirely plausible that the first increase in the cash rate will not be…
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