Category Archives:
Singapore Q2 GDP rises 4.8% y/y, missing forecasts
SINGAPORE (Reuters) - Singapore's economy grew 4.8% in the second quarter, missing forecasts, preliminary data showed on Thursday. Economists polled by Reuters had expected an increase of 5.2% year-on...
Jul 13, 2022
Google’s cloud unit taps Arm-based chips, adding to Intel, AMD pressure
By Stephen Nellis (Reuters) - Alphabet Inc's Google Cloud unit on Wednesday said it will start adopting computing chips based on technology from Arm Ltd, making it the latest company to join a transit...
Jul 13, 2022
Australia’s Lake Resources refutes short seller’s lithium tech allegations
(Reuters) - Australian lithium developer Lake Resources NL said on Thursday short seller J Capital Research's report criticising partner Lilac Solutions Inc's extraction technology had "inaccurate ass...
Jul 13, 2022
Brazil Congress approves major spending bill, lifting Bolsonaro re-election hopes
BRASILIA (Reuters) - Brazil's Congress on Wednesday approved a major spending package that President Jair Bolsonaro is banking on to lift his flagging re-election hopes, despite expectations it will f...
Jul 13, 2022
EU slashes euro zone growth outlook, expects higher inflation -Bloomberg News
(Reuters) - The European Commission has predicted record levels of inflation and slashed its GDP forecast for 2022 and 2023 as a result of Russia's invasion of Ukraine, crimped demand due to surging p...
Jul 13, 2022
Buffett’s Berkshire owns 19.2% of Occidental Petroleum after new purchases
By Jonathan Stempel (Reuters) -Berkshire Hathaway Inc, run by billionaire Warren Buffett, said it has this week purchased another 4.3 million shares of Occidental Petroleum Corp, giving it a 19.2% sta...
Jul 13, 2022
Cryptocurrency lender Celsius prepares to file for bankruptcy – CNBC
(Reuters) - Cryptocurrency lender Celsius Network is in the process of filing for Chapter 11 bankruptcy, CNBC reported on Wednesday, citing a source familiar with the discussions. The company's lawyer...
Jul 13, 2022
California truckers protest ‘gig worker’ law at busiest U.S. seaport
By Lisa Baertlein LOS ANGELES (Reuters) - Independent truckers who ferry goods to and from the nation's busiest seaport complex in Southern California on Wednesday stopped work to protest a state law ...
Jul 13, 2022
Actor Kevin Spacey due in London court charged with sex offences
LONDON (Reuters) - Oscar-winning actor Kevin Spacey is due to appear in a London court on Thursday where he is expected to enter a plea to accusations of sex offences dating back almost 20 years. Spac...
Jul 13, 2022
UK house price growth falls to lowest since March 2021 – RICS
By David Milliken LONDON (Reuters) - British house prices rose at their slowest pace in more than a year last month as buyer demand softened slightly although the overall breadth of price increases re...
Jul 13, 2022
Peoria, IL, USA
43 °F Overcast
