NEW YORK, May 3 (Reuters) – Fiscal support, along with vaccinations, is helping the U.S. economy to recover, but it is unlikely that the boom will lead to inflation that is unsustainably high, New York Federal Reserve Bank President John Williams said on Monday.The Fed’s goal is to anchor inflation expectations at 2%, and the…
An apartment building is seen behind an Edenor electric company power distribution plant in Buenos Aires, Argentina, January 30, 2017. REUTERS/Marcos Brindicci/File PhotoArgentina’s major power distribution firms Edenor and Edesur will hike electricity prices by 9% in and around the city of Buenos Aires, the national regulator said on Saturday, the first rise since a…
A Reserve Bank of India (RBI) logo is seen at the gate of its office in New Delhi, India, November 9, 2018. REUTERS/Altaf HussainIndia’s central bank unveiled fresh measures on Wednesday to help lenders tide over mounting bad loans and give some borrowers more time to repay their debts, as surging COVID-19 infections trigger strict…
By Reuters Staff1 Min ReadMay 5 (Reuters) – German economic institute Ifo:* NUMBER OF PEOPLE ON SHORT-TIME WORK SCHEME IN GERMANY FELL 10% IN APRIL TO 2.7 MILLION ] (Berlin Speed Desk)Our Standards: The Thomson Reuters Trust Principles.for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
MADRID, May 5 (Reuters) – Spain’s Liberbank, which is in the process of being taken over by bigger rival Unicaja , said on Wednesday its net profit rose 17% in first quarter against the same period a year ago thanks to a growth in revenues from fees and commissions and despite the cost of COVID-19…
(Adds more details throughout, co-CEOs quote)AMSTERDAM, May 5 (Reuters) – Dutch speciality chemicals company DSM on Wednesday raised its outlook for 2021, as a strong recovery of demand for its industrial materials helped its first-quarter results beat expectations.Restocking by car makers and electronics producers boosted demand for DSM’s plastics, the company said, while the easing…
FILE PHOTO: A passersby wearing a protective face mask is reflected on screen displaying the Japanese yen exchange rate against the U.S. dollar and stock prices at a brokerage, amid the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan November 6, 2020. REUTERS/Issei Kato/File Photo Asia’s share markets were mostly higher Tuesday as regional equity investors…
(Reuters) -The S&P Dow Jones Indices launched new cryptocurrency indexes, it said on Tuesday, further mainstreaming digital currencies including bitcoin and ethereum by bringing them to the trading floors of Wall Street. The new indexes, S&P Bitcoin Index, S&P Ethereum Index and S&P Crypto Mega Cap Index, will measure the performance of digital assets tied…
By Reuters Staff 1 Min Read May 4 (Reuters) – The S&P Dow Jones Indices, a division of financial data provider S&P Global Inc, said on Tuesday it has launched a new series of cryptocurrency indices. The new indices, the S&P Bitcoin Index, S&P Ethereum Index AND S&P Crypto Mega Cap Index, would measure the…
A health worker gets a dose of the Pfizer-BioNTech coronavirus disease (COVID-19) vaccine at a COVID-19 vaccination center in Seoul, South Korea, March 10, 2021. REUTERS/Kim Hong-JiOne dose of COVID-19 vaccines from AstraZeneca Plc (AZN.L) and Pfizer (PFE.N) was 86.6% effective in preventing infections among people aged 60 and older, real world data released by…
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