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Factbox-Governments act to ease inflation pain

Factbox-Governments act to ease inflation pain

by Reuters | Oct 31, 2022 | Africa, Asia, Business, Canada, Central America, Economy, Europe, Latin America, Middle East, Politics, UK, US

(Reuters) – Pandemic-related disruptions to global supply chains and the knock-on effects of Russia’s war in Ukraine have driven up prices of energy, commodities and basic necessities. Below is a list of actions taken by governments to try to help hard-hit...
Twitter Reviews Policies Around Permanent User Bans – FT

Twitter Reviews Policies Around Permanent User Bans – FT

by tv | Oct 12, 2022 | Business, Economy, Politics, Technology, Top News, US

(Reuters) -Twitter Inc is reviewing its policies around permanently banning users, possibly bringing its content moderation in line with Elon Musk’s vision for the social media platform, the Financial Times reported on Wednesday. Twitter has been exploring if there...
Britons turn to electric blankets and candles as winter looms

Britons turn to electric blankets and candles as winter looms

by Reuters | Oct 11, 2022 | Business, Economy, Europe, Top News, UK

By Sarah Young LONDON (Reuters) – British shoppers are stocking up on electric blankets, candles and energy-efficient slow cookers as surging gas bills and record food price inflation force millions of people to prepare for a tough winter ahead. Market research...
Rivian shares skid after EV maker recalls nearly all vehicles

Rivian shares skid after EV maker recalls nearly all vehicles

by Reuters | Oct 10, 2022 | Business, Economy, Technology, US

(Reuters) – Shares of Rivian Automotive Inc closed 7.3% lower on Monday after the electric-vehicle maker recalled nearly all its vehicles, heightening investor concerns that the company may not be able to meet its 2023 production target. Rivian’s market...
Oil falls by nearly 2% as recession fears outweigh tight supply prospects

Oil falls by nearly 2% as recession fears outweigh tight supply prospects

by Reuters | Oct 10, 2022 | Business, Economy, Europe, Middle East, UK, US

By Laila Kearney NEW YORK (Reuters) – Oil prices sank by nearly 2% on Monday, after five straight sessions of gains, as investors worried that economic storm clouds could foreshadow a global recession and erode fuel demand. Brent crude futures settled at $96.19...
Dip buyers may be burned again as another U.S. stock rally falters

Dip buyers may be burned again as another U.S. stock rally falters

by Reuters | Oct 7, 2022 | Business, Economy, US

By Lewis Krauskopf NEW YORK (Reuters) – Friday’s swoon in U.S. stocks is helping drive home a humbling message for investors: buying dips may have worked for the last decade, but it’s been a losing strategy so far in 2022. The S&P 500 has rallied four times...
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