Category Archives:
Leonardo sells U.S unit’s ATM business to Spain’s Indra
MILAN (Reuters) - Leonardo has agreed to sell its unit Selex ES' Air Traffic Management (ATM) activities to Indra Air Traffic, a company controlled by Spain's Indra Sistemas, the Italian defence group...
Nov 07, 2022
European shares open lower as mining, luxury stocks fall
(Reuters) - European shares opened lower on Monday as mining and luxury stocks fell after hopes of an easing in China's strict COVID-19 measures were quashed over the weekend. The benchmark STOXX 600 ...
Nov 07, 2022
Russia’s Sberbank sues Glencore for $116 million over oil supplies
MOSCOW (Reuters) - Russia's largest lender, Sberbank, is suing global commodities trader Glencore for around 117 million euros ($116 million) over unpaid oil supplies, the database of Moscow's Arbitra...
Nov 07, 2022
IMF reaches preliminary agreement with Georgia to release $30 million
WASHINGTON (Reuters) - The International Monetary Fund on Monday said it had reached an agreement with Georgia that will allow for the disbursement of $30 million once it is approved by the global len...
Nov 07, 2022
Rouble rebounds vs dollar as Russian market reopens after long weekend
MOSCOW (Reuters) - The rouble strengthened on Monday, belatedly responding to last Friday's dollar weakness as it pulled away from its lowest point since mid-September that was hit before the Russian ...
Nov 07, 2022
China’s second-largest chipmaker poised for $2.5 billion IPO in Shanghai
SHANGHAI (Reuters) - Chinese chip manufacturer Hua Hong Semiconductor Ltd has received regulatory approval for an 18 billion yuan ($2.5 billion) IPO in Shanghai, according to a filing published late o...
Nov 07, 2022
CEO of China’s Bilibili to manage gaming unit in bid to boost revenue
By Josh Ye HONG KONG (Reuters) - The chief executive of China's Bilibili Inc has taken over direct supervision of the company's gaming department, according to an internal email seen by Reuters, as th...
Nov 07, 2022
UK house prices fall at fastest rate since early 2021 -Halifax
LONDON (Reuters) - British house prices fell in October at the fastest monthly rate since February 2021, in a fresh sign of a weaker housing market, mortgage lender Halifax said on Monday. House price...
Nov 07, 2022
German industrial output grows more than expected in September
BERLIN (Reuters) - German industrial production grew in September, official data showed on Monday, despite a fall in the energy-intensive industrial branches and ongoing delivery bottlenecks. Industri...
Nov 07, 2022
GIC, Dream Industrial JV to buy Canada’s Summit for $3.3 billion
(Reuters) - A joint venture between Singapore's sovereign wealth fund GIC and Canadian industrial real estate company Dream Industrial REIT will acquire Canada's Summit Industrial Income REIT for C$4....
Nov 07, 2022
Peoria, IL, USA
58 °F Sunny
