Category Archives:
Ukrainian gas company Naftogaz first-half loss widens to $1.6 billion
(Reuters) - Naftogaz, Ukraine's state-owned gas company, on Thursday reported a bigger loss in the first half of the year due to the impact of the war in the country following Russia's invasion in Feb...
Nov 03, 2022
Disputed oil sketch in Dutch museum is a Rembrandt, research finds
AMSTERDAM (Reuters) - A disputed oil sketch was painted by Dutch master Rembrandt, researchers have concluded after two years of study. Museum Bredius, which is in possession of the sketch, said on Th...
Nov 03, 2022
Canada to start targeting draws for skilled immigrants next year
By Julie Gordon OTTAWA (Reuters) - Canada will do targeted draws for skilled immigrants for the first time starting next year, allowing it to cherry pick applicants with the most in-demand skills for ...
Nov 03, 2022
UBS launches digital bond that straddles blockchain and traditional exchanges
ZURICH (Reuters) - UBS AG has launched a 375 million Swiss franc ($370 million) bond that the Swiss bank said on Thursday was the world's first digital bond to be publicly traded and settled on both b...
Nov 03, 2022
BoE Bailey says 75 basis points is not the new norm for rate hikes
LONDON (Reuters) - Bank of England Governor Andrew Bailey said the three-quarters-of-a-percentage point increase in interest rates announced by the central bank on Thursday was not setting a precedent...
Nov 03, 2022
Wealthy families are migrating to the U.S. South and UBS is following them
By Lananh Nguyen NEW YORK (Reuters) - UBS is reshuffling its U.S. wealth leadership to focus on southern states that are crucial to the division's growth as affluent families increasingly migrate to F...
Nov 03, 2022
Lyft to lay off 683 employees in cost-cutting push
(Reuters) - Lyft Inc said on Thursday it would lay off 13% of its workforce, or about 683 employees, in the ride-hailing firm's latest cost-cutting step to cope with a weakening economy. As decades-hi...
Nov 03, 2022
Hivemapper starts issuing crypto tokens for vehicle dashcam footage
By Paresh Dave (Reuters) - Drivers around the world from Thursday can generate cryptocurrency by installing a dashcam and sharing images with a San Francisco startup that aims to nab some buyers of st...
Nov 03, 2022
South Africa’s Takealot to extend reach in towns and townships
By Nqobile Dludla JOHANNESBURG (Reuters) - Takealot group, which includes South Africa's biggest e-commerce retailer Takealot.com, is pushing further into townships and growing its new grocery partner...
Nov 03, 2022
Saudi crown prince launches Ceer, first Saudi electric vehicle brand
CAIRO (Reuters) - Saudi Arabia's crown prince Mohammed bin Salman has launched Ceer, the first Saudi electric vehicle brand, expected to be available in 2025, the state news agency (SPA) reported on T...
Nov 03, 2022
Peoria, IL, USA
63 °F Partly cloudy
