Day: March 8, 2023
No exit ramp for Fed’s Powell until he creates a recession, economist says
The U.S. Federal Reserve is likely to hike interest rates to at least 6.5% if the economy does not enter a mid-year recession, according to TS Lombard Chief U.S. Economist Steven Blitz.
News24.com | Sweden’s Princess Madeleine to move back home
Sweden’s Princess Madeleine, who has been living with her British-American husband in the United States, will move back to Stockholm in August, the Swedish Royal Court said Tuesday.
Women in some countries will mark International Women’s Day with protests
Today is International Women’s Day. The event got its start in the U.S., but is more widely celebrated elsewhere.
Wartsila wins first order for carbon capture-ready scrubber system
Technology group is aiming for a 70% CO2 capture rate with new equipment on boxships
Germany moves toward restrictions on Huawei, as Europe sours on China
Germany said Tuesday it is reviewing tech suppliers such as China’s Huawei and ZTE, whose equipment is used in Germany’s 5G networks. Europeans are starting to favor a tougher stance on China.
Adidas earnings take beating on breakup with Ye, China slump
Adidas’ breakup with the rapper formerly known as Kanye West and the inability to sell his popular Yeezy line of shoes helped batter earnings at the end of last year.
Adidas earnings take beating on breakup with Ye, China slump
Adidas’ breakup with the rapper formerly known as Kanye West and the inability to sell his popular Yeezy line of shoes helped batter earnings at the end of last year