Category Archives:
Europe’s car repairers call for competition rules rewrite
By Nick Carey LONDON (Reuters) - Europe's car repair and spare parts industry is calling for a rewrite of EU competition rules, arguing they allow carmakers and franchise dealers to disadvantage indep...
Dec 16, 2022
Advent to buy Maxar Technologies for about $4 billion
(Reuters) - Maxar Technologies Inc said on Friday private-equity firm Advent International has agreed to buy the satellite owner and operator for about $4 billion. Shares of Maxar more than doubled in...
Dec 16, 2022
TikTok to cut staff in Russia – RIA
(Reuters) - Social media company TikTok said on Friday it would cut its Russian staff numbers after the company suspended key services for Russian users earlier this year, the RIA Novosti news agency ...
Dec 16, 2022
EU clears Germany’s planned takeover of gas giant Uniper
BRUSSELS/FRANKFURT (Reuters) -The European Commission approved the acquisition of struggling gas trader Uniper SE by the German government, it said on Friday, paving the way for the nationalisation of...
Dec 16, 2022
Airbus, Dassault, Indra, Eumet win $3.4 billion fighter jet contract
PARIS (Reuters) - Airbus, Dassault Aviation, Indra and the Eumet joint venture between Safran and MTU Aero Engines said on Friday they had won a 3.2 billion euros ($3.4 billion) contract for the next ...
Dec 16, 2022
Futures extend losses on recession fears
(Reuters) - U.S. stock index futures on Friday extended their loss-making streak on persistent concerns that the Federal Reserve's resolve to combat runaway inflation could tip the economy into a rece...
Dec 16, 2022
Accenture beats quarterly revenue estimates amid higher IT spending
-Accenture Plc surpassed Wall Street estimates for quarterly revenue on Friday, a sign that IT spending is holding strong even as economic headwinds pressure businesses. Companies are prioritizing spe...
Dec 16, 2022
ECB bars policymakers from speculating after backlash, Fed scandals
FRANKFURT (Reuters) - The European Central Bank has banned its top officials from picking stocks and bonds or making short-term trades after a string of scandals at the Federal Reserve and backlash at...
Dec 16, 2022
Energy crisis fuels coal comeback in Germany
By Vera Eckert and Tom Sims FRANKFURT (Reuters) - Coal has made a comeback in Germany this year, as Europe's largest economy turns to the dirty fuel to power it through an energy crisis. More than a t...
Dec 16, 2022
OPEC’s U.S. shale worries subside as it cuts forecast
By Alex Lawler LONDON (Reuters) - OPEC has cut its forecasts for U.S. shale oil supply several times as factors including investor caution curb expansion, making the non-conventional supply less of a ...
Dec 16, 2022
Peoria, IL, USA
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