Economy

Economy News

Omicron slows UK growth to weakest since April – CBI

By David Milliken LONDON (Reuters) – British businesses grew at the slowest pace since April 2021 during the past three months, after demand for face-to-face services slumped due to the.

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Portuguese go to polls in snap election marked by COVID, uncertainty

By Andrei Khalip LISBON (Reuters) – Portuguese will be marking ballots on Sunday in a snap parliamentary election with no clear winner in sight and uncertainty increased by potentially low.

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Top 5 Things to Watch in Markets in the Week Ahead

By Noreen Burke Investing.com – The U.S. jobs report for January will be a key focus for markets this week as investors try to gauge how aggressively the Federal Reserve.

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Canada protest against COVID vaccine mandates blocks Ottawa for second day

By Steve Scherer OTTAWA (Reuters) – Dozens of trucks and other vehicles blocked the downtown area of Ottawa for a second day after thousands descended on Canada’s capital city on.

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U.S. airlines cancel almost 5,000 flights ahead of Nor’easter

By Rajesh Kumar Singh CHICAGO (Reuters) – U.S. carriers on Friday canceled thousands of flights through the weekend in anticipation of a winter storm forecast to bring high winds and.

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Union Pacific to buy 10 Caterpillar battery locomotives

By Bianca Flowers (Reuters) -Union Pacific Corp plans to buy 10 battery locomotives from Caterpillar Inc (NYSE:CAT), Caterpillar Chief Financial Officer Andrew Bonfield said on Friday, as the rail company moves away.

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Europeans eye endemic light at end of pandemic tunnel

European leaders are reframing their thinking around COVID-19, and consumers are slowly catching up. By Cathrin Schaer Berlin, Germany – This week, German Health Minister Karl Lauterbach told his country that it.

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Wall Street ends week of wild swings with gains

All three major United States stock indexes closed higher, with tech shares doing the heaviest lifting. Wall Street advanced on Friday, rebounding from selloff to rally in another ping-pong session,.

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Goldman Sachs expecting five rate hikes this year

NEW YORK (Reuters) – Goldman Sachs (NYSE:GS) is forecasting that the U.S. Federal Reserve will raise interest rates five times in 2022, versus four previously, with a hike expected in.

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CVC co-founder Koltes to step down as firm gears up for bumper listing

By Pamela Barbaglia LONDON (Reuters) -CVC Capital Partners co-Chairman Steve Koltes will step down this year as Europe’s biggest buyout firm prepares for a stock market listing that a source.

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