US manufacturing sector contracts again; raw material prices rise

By Lucia Mutikani WASHINGTON (Reuters) -U.S. manufacturing contracted for a fourth straight month in February, but there were signs that factory activity was starting to stabilize, with a measure of new orders pulling back from more than a 2-1/2-year low. The Institute for Supply Management survey on Wednesday also showed prices for raw materials increasing …

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Presidente argentino inaugura sesiones del Congreso con fuerte crítica a la Justicia

BUENOS AIRES, 1 mar (Reuters) – El presidente argentino, Alberto Fernández, inauguró el miércoles las sesiones ordinarias del Parlamento con severas críticas a la Justicia, con la que mantiene una larga disputa por fallos que ha considerado polémicos. La pelea entre Fernández y miembros de la Corte Suprema podría volverse un problema político clave este …

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Cuba acusa a EEUU de “cómplice de piratería” tras asilo a piloto que violó normas aeronaúticas

LA HABANA, 1 mar (Reuters) – Cuba acusó al gobierno de Estados Unidos de ser “complice de piratería” luego de otorgar asilo político a un piloto que violó las regulaciones aeronáuticas y aterrizó en Florida en un pequeño avión procedente de la isla caribeña. En una declaración a última hora del martes, la cancillería de …

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Britain reappoints Jonathan Hall to BoE’s Financial Policy Committee

LONDON (Reuters) – Britain’s finance ministry said on Wednesday it had reappointed Jonathan Hall to a second term on the Bank of England’s Financial Policy Committee, which monitors systemic risks to financial stability. Hall, formerly a portfolio manager at hedge fund Eisler Capital and a partner at Goldman Sachs, will start his new three-year term …

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Lowe’s warns of dull 2023 sales as home improvement market likely to shrink

By Deborah Mary Sophia (Reuters) – Lowe’s Cos Inc forecast annual sales below market expectations on Wednesday and warned of a slight decline in the home improvement market this year due to rising prices and borrowing costs. Shares fell 5% after the company missed quarterly sales expectations due to fewer transactions. A pandemic-fueled boom in …

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U.S. Senate panel to vote to subpoena Starbucks CEO to testify

By David Shepardson WASHINGTON (Reuters) – A U.S. Senate committee will vote next week on issuing a subpoena for Starbucks Corp Chief Executive Howard Schultz to testify at a hearing on the company’s compliance with federal labor law, its chairman Senator Bernie Sanders said on Wednesday. The Senate Health, Education, Labor and Pensions Committee also …

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