Category Archives:
E-commerce, nearshoring key drivers for Mexican startups as funding trickles back
By Kylie Madry MEXICO CITY (Reuters) - Executives from Mexico's start-up sector say it should receive a boost in coming months, particularly in e-commerce and logistics related to nearshoring, as infl...
Nov 13, 2023
Treasuries central clearing reduces basis trades risks, says Moody’s
NEW YORK (Reuters) - An expansion of central clearing in the U.S. Treasuries market would reduce liquidity risks associated with a popular hedge fund arbitrage trading strategy that could strain the b...
Nov 13, 2023
British environment minister Coffey resigns in reshuffle
LONDON (Reuters) - British environment secretary Therese Coffey resigned on Monday as Prime Minister Rishi Sunak reshuffled his top team of ministers. "I consider it is now the right time to step back...
Nov 13, 2023
US retailers stuck with excess stock offer bargains as holiday season nears
By Ananya Mariam Rajesh and Savyata Mishra (Reuters) - As the holiday shopping season approaches, major U.S. retailers from Dollar General to Walmart and Macy's could be saddled with too much stock fo...
Nov 13, 2023
Home Depot, Lowe’s may signal more pain from muted consumer spending, housing demand
By Deborah Mary Sophia (Reuters) - Wall Street is bracing for another quarter of weak sales from U.S. home improvement chains Home Depot and Lowe's as demand remained under pressure from uneven consum...
Nov 13, 2023
Indonesia presidential front-runner Prabowo criticises EU on deforestation
JAKARTA (Reuters) -Indonesia's presidential front-runner Prabowo Subianto on Monday criticised the European Union over its ban on palm oil imports and said Europeans during colonial times were also gu...
Nov 13, 2023
Local gas prices continue to drop ahead of Thanksgiving holiday
PEORIA, Ill. - Average gas prices in Peoria have dropped 2.4 cents per gallon in the last week, averaging $3.41 a gallon on Monday, according to GasBuddy’s survey of Peoria gas stations. Peoria'...
Nov 13, 2023
EU pledges ‘substantial’ contribution to COP28 climate damage fund
By Kate Abnett BRUSSELS (Reuters) -The European Union will make a "substantial" financial contribution to a new international fund addressing the destruction caused by climate change, the EU's executi...
Nov 13, 2023
Not clear Big Tech need pay for 5G, broadband rollout, Belgian regulator says
By Marine Strauss Brussels - There is no clear need to make technological giants help to pay for 5G and broadband rollout, Belgium's telecoms regulator IBPT-BIPT said on Monday. Europe's telecoms oper...
Nov 13, 2023
Factbox-Russian companies’ scaled-down IPOs in 2023
(Reuters) - Gold miner Uzhuralzoloto (UGC) set the price range on Monday for its initial public offering (IPO) on the Moscow Exchange, the latest in a series of small capital raises by Russian compani...
Nov 13, 2023
Peoria, IL, USA
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