Category Archives:
Moderna names former PerkinElmer exec as new CFO
(Reuters) - Moderna Inc on Wednesday named former PerkinElmer executive James Mock as its new finance chief, months after the abrupt exit of former CFO Jorge Gomez. The COVID-19 vaccine maker had appo...
Aug 17, 2022
ONGC inks agreement with ExxonMobil for deepwater exploration in India
BENGALURU (Reuters) - Indian oil explorer and producer Oil and Natural Gas Corp said on Wednesday it signed a Heads of Agreement (HoA) with global petroleum giant ExxonMobil Corp for deepwater explora...
Aug 17, 2022
Chinese vice premier calls for greater effort to boost domestic consumption
HONG KONG (Reuters) - China will step up measures to boost domestic consumption including spending on services and big ticket items, its Vice Premier Hu Chunhua said on Wednesday. At a meeting aiming ...
Aug 17, 2022
Hong Kong exchange sees further headwinds after first-half profit drop
By Selena Li HONG KONG (Reuters) -The operator of the Hong Kong Stock Exchange (HKEX) flagged continued pressures from global political tensions and other negative factors as it posted a 27% fall in f...
Aug 17, 2022
T.J. Maxx owner lowers profit forecast as consumers cut spending
(Reuters) - Discount store operator TJX Cos Inc trimmed its forecast for annual earnings on Wednesday, as red-hot inflation forces Americans with lower incomes to cut discretionary spending. In the wa...
Aug 17, 2022
Futures drop as Target results disappoint, growth stocks slip
(Reuters) - U.S. stock index futures fell on Wednesday after weak results from retailer Target rekindled fears about the health of U.S. consumers, while growth stocks came under renewed pressure as bo...
Aug 17, 2022
UK inflation to hit 15% in early 2023, Citi predicts
LONDON (Reuters) - British consumer price inflation is likely to peak at an annual rate above 15% in the first three months of next year unless there are government measures to lower prices, economist...
Aug 17, 2022
Thai court throws out decade-long legal fight over Laos dam
BANGKOK (Reuters) - A top Thai court on Wednesday dismissed a lawsuit seeking to halt purchases of electricity by the country from a hydropower dam in neighbouring Laos over environmental concerns, br...
Aug 17, 2022
Factbox-U.S., European banks could lose over $5 billion from risky buyout loans
NEW YORK (Reuters) - Major U.S. and European banks are facing tougher times in the riskiest parts of the loan market. The biggest U.S. lenders, including Bank of America and Citigroup, wrote down $1 b...
Aug 17, 2022
Exclusive-World Bank’s IFC taps blockchain for carbon offsets
By Simon Jessop, Shadia Nasralla and Cole Horton LONDON/NEW YORK (Reuters) - International Finance Corp (IFC), a World Bank affiliate, told Reuters on Wednesday it is backing a blockchain-enabled plat...
Aug 17, 2022
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