Category Archives:
Shipping group CMA CGM to buy Los Angeles’ FMS container terminal
PARIS (Reuters) - Shipping group CMA CGM has agreed to acquire the Fenix Marine Services (FMS) container terminal at the port of Los Angeles in a deal worth around $2 billion that will extend its pres...
Nov 03, 2021
EU antitrust decision on Thermo Fisher’s PPD deal due by Dec. 7
BRUSSELS (Reuters) - EU antitrust regulators will decide by Dec. 7 whether to clear U.S. medical device company Thermo Fisher Scientific's $21 billion bid for contract research firm PPD Inc, a Europea...
Nov 03, 2021
China working on new monetary policy facility for green projects – central bank head
GLASGOW (Reuters) - China's central bank governor, Yi Gang, said on Wednesday Beijing was working on a new monetary policy facility to provide low cost funds for financial institutions to support gree...
Nov 03, 2021
Bottler Coca Cola HBC to step up marketing push after strong Q3 sales
By Priyanshi Mandhan and Pushkala Aripaka (Reuters) -Coca Cola HBC will step up investment in marketing next year, Chief Executive Zoran Bogdanovic said on Wednesday, after the bottler posted higher t...
Nov 03, 2021
ECB is unlikely to raise interest rates in Q3 in 2022 or anytime soon afterwards, De Cos says
MADRID (Reuters) - The European Central Bank is unlikely to raise interest rates in the third quarter of 2022, as the market is starting to anticipate, or any time soon afterwards, European Central Ba...
Nov 03, 2021
Futures steady as focus shifts to Fed’s taper decision
By Devik Jain (Reuters) - U.S. stock index futures were largely steady on Wednesday as investors refrained from making big bets ahead of the conclusion of the Federal Reserve's meeting, where policyma...
Nov 03, 2021
Afghanistan central bank raises limit on bank withdrawals to $400 a week
KABUL (Reuters) - Afghanistan's central bank has eased restrictions on bank withdrawals, lifting the maximum to $400 from dollar-denominated accounts or 30,000 afghanis a week from the previous limit ...
Nov 03, 2021
Marriott profit doubles as leisure travel boosts demand
(Reuters) - Marriott International Inc said on Wednesday its quarterly profit more than doubled as occupancy rates across its hotels improved with vaccinations encouraging more people to resume leisur...
Nov 03, 2021
Emerson quarterly profit falls over 7% as supply chain woes hit sales
(Reuters) - Emerson Electric Co posted a 7.3% fall in quarterly profit on Wednesday, as component and industry-wide labor shortages meant the U.S. manufacturing conglomerate could not meet demand. Sal...
Nov 03, 2021
New York Times beats estimates for quarterly revenue
(Reuters) - The New York Times Co reported better-than-expected quarterly revenue on Wednesday as it added more digital subscribers, while attracting advertisers to its website and apps. It added 455,...
Nov 03, 2021
Peoria, IL, USA
74 °F Clear
