© Reuters. FILE PHOTO: An employee holds up cannabis in the laboratory at the headquarters of herbal medicines manufacturer Bionorica in Neumarkt, Germany February 9, 2018. REUTERS/Michaela Rehle BERLIN (Reuters) – Legalising cannabis could bring Germany annual tax revenues and cost savings of about 4.7 billion euros ($5.34 billion) and create 27,000 new jobs, a…
© Reuters. FILE PHOTO: A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017. REUTERS/Chris Wattie By Julie Gordon OTTAWA (Reuters) – The Bank of Canada will not raise its benchmark interest rate until the slack in the country’s economy is absorbed, which has not yet happened but…
© Bloomberg. Fuel prices at a Chevron gas station in Pinole, California, U.S., on Thursday, Oct. 21, 2021. American drivers will continue to face historically high fuel prices as gasoline demand surged to the highest in more than a decade. Photographer: David Paul Morris/Bloomberg (Bloomberg) — Gasoline pump prices hit a record in California as…
© Reuters. FILE PHOTO: A logo of Bangko Sentral ng Pilipinas (Central Bank of the Philippines) is seen at their main building in Manila, Philippines March 23, 2016. REUTERS/Romeo Ranoco MANILA (Reuters) – The Philippines central bank may continue its accommodative policy stance even as it expects the economy could exceed the government’s growth target…
© Reuters. FILE PHOTO: Shoppers browse in a supermarket while wearing masks to help slow the spread of coronavirus disease (COVID-19) in north St. Louis, Missouri, U.S. April 4, 2020. REUTERS/Lawrence Bryant/File Photo By Doina Chiacu WASHINGTON (Reuters) -U.S. President Joe Biden’s economic advisers defended his policies on Sunday amid rising inflation that they said…
© Reuters. FILE PHOTO: A woman takes pictures in front of high-rise buildings in the Central financial district after sunset in Hong Kong, China March 30, 2021. REUTERS/Lam Yik BEIJING (Reuters) -China’s cyberspace regulator on Sunday proposed requiring companies pursuing share listings in Hong Kong to apply for cybersecurity inspections if they handle data that…
© Reuters. U.S. President Joe Biden holds a Cabinet meeting to discuss the implementation of the $1 trillion infrastructure bill at the White House in Washington, U.S., November 12, 2021. REUTERS/Kevin Lamarque By Andrea Shalal WASHINGTON (Reuters) – U.S. President Joe Biden said he would appoint a coordinator next week to oversee spending under…
Inflation Fears Pose a Risk to Supercharged American Consumer (Bloomberg) — The recent spike in inflation risks denting the turbocharged spending growth that has fueled the U.S. economic recovery during the pandemic — at least in the short term. That’s the conclusion some economists drew from the unexpected slump in consumer sentiment reported Friday, driven…
© Reuters. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 11, 2021. REUTERS/Staff By Anisha Sircar and Ambar Warrick (Reuters) -European shares closed their sixth straight week of gains at a new high on Friday, as strong results from Cartier owner Richemont rounded off…
© Reuters. U.S. President Joe Biden holds a Cabinet meeting to discuss the implementation of the $1 trillion infrastructure bill at the White House in Washington, U.S., November 12, 2021. REUTERS/Kevin Lamarque By Andrea Shalal WASHINGTON (Reuters) – U.S. President Joe Biden said he would appoint a coordinator next week to oversee spending under…
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