Category Archives:
Stellantis to boost EV plants with C$3.6bln investment
(Reuters) - Stellantis N.V. will spend up to C$3.6 billion ($2.8 billion) to boost production of electric vehicles at its Windsor and Brampton, Ontario, facilities, the automaker said on Monday. (Repo...
May 02, 2022
U.S. to spend more than $3 billion on EV battery manufacturing -White House
By Trevor Hunnicutt WASHINGTON (Reuters) - The Biden administration will allocate more than $3 billion in infrastructure funding to finance electric vehicle (EV) battery manufacturing, U.S. officials ...
May 02, 2022
Russia’s Potanin buys card processing firm from Global Payments
LONDON (Reuters) - Russian billionaire Vladimir Potanin's Interros group said on Monday it had bought United Card Services, part of Global Payments Inc, its third deal in the space of three weeks as i...
May 02, 2022
Some CNH Industrial workers in U.S. start strike – UAW union statement
CHICAGO (Reuters) - Over 1,000 CNH Industrial workers in Racine, Wisconsin, and Burlington, Iowa, started a strike on Monday, the United Auto Workers union said in a statement. "Our members at CNHi st...
May 02, 2022
U.S. Treasury 10-year yield hits 3% for first time in more than three years
NEW YORK (Reuters) - The U.S. benchmark 10-year Treasury yield on Monday hit 3% for the first time since December 2018, a psychological milestone that could have major implications for other financial...
May 02, 2022
Italy to guarantee loans to firms hit by Ukraine war – draft decree
MILAN (Reuters) - Italy will provide state guarantees to companies whose activity has been disrupted by the conflict in Ukraine covering between 70% and 90% of the financing they receive from lenders,...
May 02, 2022
Vote count starts in Amazon’s second union election in New York
NEW YORK (Reuters) - The U.S. National Labor Relations Board on Monday began counting ballots in a union election at an Amazon warehouse in Staten Island, New York, where labor organizers hope to buil...
May 02, 2022
Russia dollar bonds give back part of Friday’s gains
NEW YORK (Reuters) - Russian dollar bonds fell sharply on Monday, following steep gains late last week after the Russian finance ministry said it had made overdue payments which had threatened to push...
May 02, 2022
U.S. Black farmers lost $326 billion worth of land in 20th century – study
By Leah Douglas (Reuters) - Black farmers in the United States lost roughly $326 billion worth of acreage during the 20th century, according to the first study to quantify the present-day value of tha...
May 02, 2022
Ukraine International Airlines leases out planes to ease impact of war
KYIV (Reuters) - Ukraine International Airlines (UIA), the country's biggest carrier, said on Monday it had leased out its medium-haul Boeing 737-900 aircraft to Latvian carrier airBaltic to try to mi...
May 02, 2022
Wed May 13
Peoria, IL, USA
13°CClear
