Category Archives:
How Poland snagged Intel’s multi-billion dollar investment
By Karol Badohal and Supantha Mukherjee WROCLAW, Poland/STOCKHOLM (Reuters) - Poland's third-largest city Wroclaw beat rivals last week to be home to the next multi-billion dollar Intel chip factory i...
Syndicated Content Jun 22, 2023
Netflix CEO says $2.5 billion Korean investment won’t exploit local talent
SEOUL (Reuters) - Netflix co-CEO Ted Sarandos pledged on Thursday that its bumper investment in South Korean content would not bypass young local talent, after calls by some lawmakers for the streamin...
Syndicated Content Jun 22, 2023
Analysis – Investors keep bets on U.S. rates soon topping out, despite Powell’s hawkishness
By Davide Barbuscia NEW YORK (Reuters) - A hawkish tilt from Federal Reserve Chair Jerome Powell hasn't been enough to convince some investors that the central bank is unlikely to hold U.S. interest r...
Syndicated Content Jun 22, 2023
Factbox-As electric cars take off, makers pledge $14.3 billion for US lithium iron phosphate
By Paul Lienert (Reuters) - Interest and investment in lithium iron phosphate (LFP) battery cells and materials, used to power electric vehicles, continue to climb in the United States. LFP is a lower...
Syndicated Content Jun 22, 2023
Analysis-For EV batteries, lithium iron phosphate narrows the gap with nickel, cobalt
By Paul Lienert DETROIT (Reuters) - As the auto industry scrambles to produce more affordable electric vehicles, whose most expensive components are the batteries, lithium iron phosphate is gaining tr...
Syndicated Content Jun 22, 2023
Leaders head to Paris to give impetus for new global finance agenda
By Leigh Thomas and John Irish PARIS (Reuters) - France hosts a summit on Thursday, including African leaders, China's prime minister and Brazil's president, to boost crisis financing for low-income c...
Syndicated Content Jun 22, 2023
World Bank set to pause loan repayments by disaster-hit nations – FT
(Reuters) - The World Bank will allow countries hit by disasters to pause repayments on loans to the multilateral lender, the Financial Times reported on Thursday. World Bank President Ajay Banga will...
Syndicated Content Jun 21, 2023
Swiss National Bank calls for new measures after Credit Suisse crash
By Noele Illien ZURICH (Reuters) -The Swiss National Bank (SNB) on Thursday said it was crucial to draw lessons from the Credit Suisse crisis that led to the bank's downfall and forced rescue by rival...
Syndicated Content Jun 21, 2023
Spirit AeroSystems workers at Kansas plant to strike after rejecting deal
(Reuters) - Workers at Spirit AeroSystems' plant in Kansas, which makes critical structures for Boeing jetliners, will go on strike on Saturday, after rejecting a proposed four-year deal on Wednesday ...
Syndicated Content Jun 21, 2023
Tornado in Texas’s Matador leaves at least three dead -NYT
(Reuters) - At least three people were killed and a dozen buildings damaged in a tornado that hit the northern Texas town of Matador on Wednesday, the New York Times reported. The damage prompted a se...
Syndicated Content Jun 21, 2023
Peoria, IL, USA
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