Category Archives:
BlackRock CFO Gary Shedlin to step down next year
(Reuters) - BlackRock Inc said on Monday Chief Financial Officer Gary Shedlin would step down on or around March 1 after the firm completes its reporting processes for the fiscal year 2022. Martin Sma...
Oct 03, 2022
Ferrari says internal documents online, but no evidence of cyber attack
MILAN (Reuters) -Ferrari said on Monday some internal documents had been posted online and the luxury sports carmaker was working to identify how this had happened. It will implement all the appropria...
Oct 03, 2022
U.S. takes step to advance use of Cold War-era law for clean energy
WASHINGTON (Reuters) - The U.S. Department of Energy on Monday took a step to advance use of a Cold War-era defense law for boosting the reliability of the electric power grid, deploying clean energy,...
Oct 03, 2022
AstraZeneca pays 660% premium for gene therapy firm LogicBio
(Reuters) - Shares of LogicBio Therapeutics skyrocketed on Monday after Britain's AstraZeneca's said it would buy the U.S.-based gene therapy developer at a rare 660% premium for $68 million. LoigBio'...
Oct 03, 2022
World Bank approves Egypt $400 million to improve and decarbonize logistics and transportation sectors
CAIRO (Reuters) -The World Bank has agreed to provide Egypt with $400 million to develop the logistics and transportation sectors and support the shift towards lower carbon emissions, the group said i...
Oct 03, 2022
About 120,000 still without power in Puerto Rico days after Fiona
NEW YORK (Reuters) - An estimated 120,000 homes and businesses were still without power in Puerto Rico on Monday, two weeks after Hurricane Fiona caused an island-wide outage for its 3.3 million peopl...
Oct 03, 2022
Swiss central bank steps up policy tightening as sight deposits drop $78 billion
By John Revill ZURICH (Reuters) - Overnight deposits held by the Swiss National Bank plunged by 77.5 billion Swiss francs ($78.32 billion) last week, their biggest ever weekly fall, the latest sign of...
Oct 03, 2022
OPEC+ mulls largest cuts since 2020 pandemic crisis
LONDON (Reuters) - The OPEC+ group of oil producers is discussing output cuts of more than 1 million barrels per day (bpd), OPEC sources said, and voluntary cuts by individual members could come on to...
Oct 03, 2022
Italian court scraps antitrust fine on Apple and Amazon
ROME (Reuters) -An Italian administrative court scrapped a fine imposed by the country's antitrust authority on U.S. tech giants Apple and Amazon for alleged collusion, a document showed on Monday. Th...
Oct 03, 2022
Tesla slides as logistic issues widen deliveries and production gap
(Reuters) - Tesla Inc shares fell about 5% on Monday after the world's most valuable automaker sold fewer-than-expected vehicles in the third quarter as deliveries lagged way behind production due to ...
Oct 03, 2022
Peoria, IL, USA
88 °F Sunny
