News
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No longer 'poor but sexy?' Berlin's economic rise comes at a price
By Maria MartinezBERLIN, March 29 (Reuters) - The Art House Tacheles used to be the epicentre of the alternative art and culture scene in Berlin, an impressive five-storey building in the heart of the capital dating back to 1908 and occupied by artists after the fall of the Berlin Wall.But in 2012 t...Reuters
Sat, Mar 29
Moody's says UK's moves to restore budget headroom reflect difficult fiscal outlook
March 28 (Reuters) - Ratings agency Moody's on Friday said the UK government's moves to restore budget headroom reflect a difficult fiscal outlook, although the timely reaction to a deterioration in public finances is positive.British finance minister Rachel Reeves on Wednesday rebuilt the m...Reuters
Fri, Mar 28
Moody's says UK's moves to restore budget headroom reflect difficult fiscal outlook
March 28 (Reuters) - Ratings agency Moody's on Friday said the UK government's moves to restore budget headroom reflect a difficult fiscal outlook, although the timely reaction to a deterioration in public finances is positive."There is a significant risk that the chancellor will have to...Reuters
Fri, Mar 28
Moody's Says UK's Moves To Restore Budget Headroom Reflect Difficult Fiscal Outlook
March 28 (Reuters) - Moody's:MOODY'S: UK'S MOVES TO RESTORE BUDGET HEADROOM REFLECT DIFFICULT FISCAL OUTLOOKMOODY'S: UK CHANCELLOR'S STATEMENT'S MEASURES DO NOT CHANGE OUR VIEW OF UK'S CREDIT QUALITY & DIFFICULT FISCAL CONSOLIDATION PROSPECTSMOODY'S: OUR UK DEFICI...Reuters
Fri, Mar 28
Automakers warn new Trump tariffs will boost costs, cut vehicle sales
WASHINGTON, March 28 (Reuters) - A group representing General Motors GM.N Toyota 7203.T, Volkswagen VOWG.DE and other major automakers warned new 25% tariffs President Donald Trump plans to impose next week on imported vehicles will hurt U.S. consumers."Additional tariffs will increase costs on ...Reuters
Fri, Mar 28
Brazil's federal debt rises 3.3% in February amid strong issuance
BRASILIA, March 28 (Reuters) - Brazil's federal public debt rose 3.3% in February from the previous month, Treasury data showed on Friday, driven by strong domestic debt issuance and the country's return to international markets.Total debt stock climbed to 7.492 trillion reais ($1.3 trillion...Reuters
Fri, Mar 28
REFILE-Column-Kroger and Albertsons play blame game after failed merger in billion-dollar battle
By Jenna Greene March 28 (Reuters) - Breakups are rarely easy, but the acrimony over a busted blockbuster deal can rival finger-pointing by the bitterest of star-crossed lovers. Consider the blame game unfolding now between Kroger and Albertsons in Delaware Chancery Court, where each grocery chai...Reuters
Fri, Mar 28
EXCLUSIVE-Fed's Daly says flat progress on inflation hurts confidence in rate cut outlook
Fed policy still in a good place, positioned well to respond to what develops from tariffsFriday's inflation data does not help 'reasonable' case for two rate cutsDaly says 100% focused on inflation and returning it to 2% targetBy Ann Saphir March 28 (Reuters) - San Francisco Federal ...Reuters
Fri, Mar 28
What to Watch in the Week Ahead and on Monday, March 31
ON MONDAY On the U.S. economic front, Chicago PMI figures are scheduled for release.The President of business jet engine maker Pratt & Whitney Canada is expected to be asked questions on the U.S. and Canadian tariffs at a Montreal event.In Latin America, Chile's manufacturing data for Februa...Reuters
Fri, Mar 28
EXCLUSIVE-Fed's Daly: Inflation progress has been flat, dents confidence in rate cut view
March 28 (Reuters) - San Francisco Federal Reserve Bank President Mary Daly on Friday said inflation data published earlier in the day confirms her decreased confidence in her baseline expectation that two interest rate cuts this year are a "reasonable" projection.Government data on Friday s...Reuters
Fri, Mar 28
Brazil's unemployment rate rises but job creation remains strong
SAO PAULO/BRASILIA, March 28 (Reuters) - Brazil's unemployment rate rose in the quarter through February as more people actively looked for jobs, official data showed on Friday, with analysts pointing to a still tight labor market as job creation last month exceeded forecasts.Unemployment in...Reuters
Fri, Mar 28
