Category Archives:
Spain antitrust watchdog fines Merck 39 million euros in contraceptives case
MADRID (Reuters) - Spain's competition watchdog has slapped a 39 million-euro ($38.45 million) fine on U.S.-based Merck & Co Inc for anti-competitive behaviour in a case brought by Spanish rival Insud...
Oct 25, 2022
Futures edge lower as earnings flood in
(Reuters) - U.S. stock index futures edged lower on Tuesday after a two-day bounce on Wall Street as investors looked ahead to another round of earnings reports, especially from megacap companies, tha...
Oct 25, 2022
Valero kicks off U.S. refiners earnings season with surging quarterly profit
(Reuters) -Refiner Valero Energy Corp reported a bumper third-quarter profit on Tuesday, boosted by higher demand for fuel and refined products. U.S. refineries have operated this year at record level...
Oct 25, 2022
Analysis-China’s newly empowered Xi faces a daunting to-do list
By Tony Munroe and Yew Lun Tian BEIJING (Reuters) - China's Xi Jinping kicks off his third leadership term with more power than ever, but a mountain of problems to tackle, from a dismal economy to his...
Oct 25, 2022
3M lowers full-year forecast on dollar impact
(Reuters) - Industrial conglomerate 3M Co on Tuesday cut its full-year revenue and profit forecast, expecting to take a hit from rising inflation and shrinking overseas earnings due to a stronger doll...
Oct 25, 2022
EU to propose banks offer mandatory ‘instant payments’ in euros
By Huw Jones LONDON (Reuters) - Banks in the euro zone would be required to provide 'instant payments' in the single currency 24/7 under draft European Union rules seen by Reuters. The EU wants to mod...
Oct 25, 2022
Pekin Council fires city manager
PEKIN, Ill. — The Pekin City Council Monday night fired City Manager Mark Rothert, but Mayor Mark Luft was opposed to the idea. The council took the vote in open session after meeting for about ...
Oct 25, 2022
South African designer revives family history in new collection
JOHANNESBURG (Reuters) - Thando Ntuli, a young designer who just unveiled her new collection at South African Fashion Week, hopes her clothes will convey a sense of home. The 25-year-old, who grew up ...
Oct 25, 2022
The bear market blues: a diagnosis for our times
By Alden Bentley (Reuters) - War. Inflation. Polarization. Appalling headlines ricochet around the internet, stocks are skidding, wealth is eroding and the mood on Wall Street has rarely been gloomier...
Oct 25, 2022
UPS adjusted profit rises on higher parcel delivery prices
(Reuters) - United Parcel Service Inc on Tuesday reported a rise in third-quarter adjusted profit as higher delivery prices offset softening e-commerce demand. The world's largest parcel delivery firm...
Oct 25, 2022
Peoria, IL, USA
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