Yellen says inflation should be lower than current levels by year end
U.S. Treasury Secretary Janet Yellen said on Wednesday that inflation should retreat by year end from its current elevated level as supply bottlenecks get worked out, adding she sees little evidence inflation expectations are becoming unanchored.
REUTERS EVENTS Death after COVID: What insurers do not know about post-pandemic mortality
Life insurers need to look well beyond COVID-19 deaths to see how the global pandemic is altering the mortality risk of people they cover, a medical insurance expert said on Wednesday.
Fed’s Rosengren says central bank needs to keep eye on financial stability risks
Federal Reserve officials need to keep a close watch on financial stability risks, and rising home prices in particular should be monitored, Boston Fed President Eric Rosengren said on Wednesday.
Nespresso not raising coffee prices yet, sees slow demand from offices
Nespresso, the premium coffee division controlled by Nestle SA (NESN.S), has not increased prices for its capsules yet despite a sharp increase in benchmark prices for arabica beans, opting to wait and see if the upward trend is sustainable over time.
EU envoy urges U.S. to ease travel restrictions; sees time to resolve metals dispute
The European Union’s top diplomat in Washington said the United States should safely ease COVID-19 travel restrictions on Europeans, calling it a mistake to prevent European business executives from overseeing their U.S. investments.
Global companies’ capex to hit decade-high growth this year -Refinitiv data
Global companies are set to ramp up their expansion plans this year, after being bogged down in the last few years, as economies recover from the pandemic and firms start to see higher profits and cashflows.
Airlines urged to tighten Airbus A320 checks after COVID storage
Regulators have called for more rigorous checks when pulling some Airbus (AIR.PA) jets out of pandemic storage, following flawed cockpit readings that can suggest blocked sensors.
Boeing faces rocky path to gaining approval for 737 MAX return in China
Trade power tensions, regulatory hurdles and attempts by the West to counter Chinese competition are delaying a return of the 737 MAX in China, frustrating Boeing Co (BA.N) as a potential rival demonstrates its growing influence.
Save Our Summer: UK pilots and cabin crew issue travel sector rescue plea
British pilots, cabin crew, travel agents and other workers are urging politicians to save the summer holiday season by reopening routes abroad or risk destroying tens of thousands of jobs as companies fail.
Cash loses its shine in pandemic but still king in Switzerland
Cash is still king in Switzerland, a Swiss National Bank study published on Wednesday found, although the wealthy country’s citizens are increasingly turning to cards and apps for payments during the pandemic.
