Category Archives:
Pentagon says hypersonic weapons are too expensive
By Mike Stone WASHINGTON (Reuters) - The Pentagon wants defense contractors to cut the ultimate cost of hypersonic weapons, the head of research and development said on Tuesday, as the next generation...
Oct 12, 2021
Exclusive: France’s Auchan held talks with Niel-backed SPAC before failed Carrefour bid – sources
By Pamela Barbaglia and Gwnalle Barzic LONDON (Reuters) - French food retailer Auchan explored a deal with a blank cheque company backed by telecoms mogul Xavier Niel and banker Matthieu Pigasse befor...
Oct 12, 2021
Luxury giant LVMH says third quarter sales grew by 20%
PARIS (Reuters) -Sales at French luxury giant LVMH grew by 20% in the third quarter, fuelled by appetite for high-end fashion from consumers eager to splash out following months of pandemic lockdowns....
Oct 12, 2021
Fintech firm Halo raises money from Owl Capital, Mubadala
DUBAI (Reuters) - Financial technology firm Halo Investing said on Tuesday it had raised over $100 million in "Series C" funding from investors such as Owl Capital and the $1 billion Abu Dhabi Catalys...
Oct 12, 2021
Fed’s Clarida: employment test to begin bond taper all but met
By Lindsay Dunsmuir and Ann Saphir (Reuters) - The U.S. Federal Reserve has all but met its employment goal to move ahead with reducing its bond buying program, Fed Vice Chair Richard Clarida said on ...
Oct 12, 2021
Boeing delivers 35 airplanes in September, 787 dry spell continues
By Eric M. Johnson SEATTLE (Reuters) - Boeing Co said on Tuesday airplane deliveries rose to 35 in September as it benefited from an uptick in domestic travel, but its 787 program remains hobbled by s...
Oct 12, 2021
U.S. consumers’ inflation expectations remain elevated, NY Fed survey finds
(Reuters) - U.S. consumers increased their short-term and medium-term inflation expectations again in September, but they lowered their views on how much home prices, fuel costs and other expenses wil...
Oct 12, 2021
Exclusive-U.S. SEC opens inquiry into Wall Street banks’ staff communications -sources
By Chris Prentice and Jody Godoy WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission (SEC) has opened a broad inquiry into how Wall Street banks are keeping track of employees' digital ...
Oct 12, 2021
China has ability to address Evergrande situation, still risks remain -IMF
NEW YORK (Reuters) - China has the ability to address the issues linked to China Evergrande Group's indebtedness, although there is a risk of the property developer's pain escalating to cause broader ...
Oct 12, 2021
Binance unit launches $1 billion fund to fast-track blockchain tech adoption
(Reuters) - Binance Smart Chain, a unit of crypto exchange Binance, said on Tuesday it had launched a $1 billion fund to help fast-track adoption of digital assets and blockchain technology. A total o...
Oct 12, 2021
Peoria, IL, USA
54 °F Clear
