Category Archives:
‘Great Resignation’ sees more companies offer equity to staff
By Federica Urso (Reuters) - Companies in North America and Europe plan to give more employees an equity stake in their businesses to help retain talent amid a pandemic-induced "Great Resignation", a ...
Apr 27, 2022
Archegos owner Hwang, former CFO Halligan charged with fraud
By Jody Godoy (Reuters) -Federal prosecutors have charged Archegos Capital Management owner Bill Hwang and the family office's former chief financial officer, Patrick Halligan, with racketeering and f...
Apr 27, 2022
Factbox-Electric car battery showdown brews in West
(Reuters) - Several companies plan to open production facilities for lithium iron phosphate (LFP) batteries or components in North America and Europe by 2025, as the alternative to nickel-cobalt-manga...
Apr 27, 2022
China will promote platform economy to stabilise jobs, cabinet says
BEIJING (Reuters) - China will promote the development of its platform economy to create more jobs, the State Council, the country's cabinet, said on Wednesday according to state TV. China will also t...
Apr 27, 2022
Boeing discloses $1.5-billion hit from halt to 777x production; submits plan for Dreamliner
By Eric M. Johnson and Abhijith Ganapavaram (Reuters) - Boeing Co said on Wednesday it was halting production of 777x through 2023 due to certification problems as well as weak demand for the wide-bod...
Apr 27, 2022
Futures rebound from tech selloff as Microsoft, Visa gain
(Reuters) - U.S. stock index futures jumped on Wednesday on strong earnings updates from Microsoft and Visa, following a brutal selloff in the previous session that sent the tech-heavy Nasdaq to its l...
Apr 27, 2022
Retailer WH Smith may raise prices to meet higher shipping costs
By Sinchita Mitra (Reuters) -WH Smith may have to raise the prices of certain products this year after the British retailer flagged higher shipping costs from the Far East, inflationary pressures and ...
Apr 27, 2022
T-Mobile adds higher-than-expected subscribers on 5G demand
(Reuters) - T-Mobile US Inc on Wednesday beat estimates for subscriber additions in the first quarter, as it benefited from the rollout of new 5G cellular networks. The company added 589,000 monthly p...
Apr 27, 2022
Exchange operator CME quarterly profit jumps 24% on market volatility
(Reuters) -Futures exchange operator CME Group Inc reported a near 24% rise in quarterly profit on Wednesday, helped by market volatility spurred by the Russia-Ukraine war and as investors hedged agai...
Apr 27, 2022
Harley posts lower profit on supply chaos, rising costs
(Reuters) - Harley-Davidson Inc posted a drop in first-quarter profit on Wednesday, as demand for its motorcycles failed to gain momentum due to global supply-chain hurdles and surging inflation. The ...
Apr 27, 2022
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