Category Archives:
Stellantis launches venture capital fund with initial 300 million euro investment
MILAN (Reuters) - Carmaker Stellantis said on Wednesday it launched its first venture capital fund aimed at investing in startup companies developing technologies that could be deployed within the aut...
Mar 16, 2022
World Bank says Ukraine war may prompt grain shortages in poor countries
WASHINGTON (Reuters) - The World Bank on Wednesday said a number of developing countries face near-term wheat supply shortages due to their high dependence on Ukrainian wheat exports that have been cu...
Mar 16, 2022
Zelenskyy calls on U.S. Congress for more Russia sanctions, defense aid
WASHINGTON (Reuters) – Ukrainian President Volodymyr Zelenskyy called on the U.S. Congress on Wednesday for further military assistance to help protect the skies over Ukraine and for further san...
Mar 16, 2022
Exor increases stake in telecom operator Veon to more than 5%
MILAN (Reuters) - Exor, the holding company of Italy's Agnelli family, has increased its stake in Dutch-based mobile network operator Veon to 5.08% as of March 3, documents published by the Dutch Auth...
Mar 16, 2022
U.S. CFTC chair says markets ‘operating well’ amid extreme volatility
By John McCrank and Katanga Johnson BOCA RATON/WASHINGTON (Reuters) -The head of the U.S. derivatives markets regulator said on Wednesday that markets are "operating well" amid extreme volatility spar...
Mar 16, 2022
Exclusive-US Foods, pressured by hedge fund, eyes board shakeup -sources
By Svea Herbst-Bayliss (Reuters) - US Foods Holding Corp is interviewing potential candidates for its board as the food distributor tries to fend off a challenge from activist investor Sachem Head Cap...
Mar 16, 2022
Petroleum, food lift U.S. import prices in February
WASHINGTON (Reuters) - U.S. import prices increased strongly in February, boosted by strong gains in petroleum and food costs, indicating that inflation would remain uncomfortably high for a while. Im...
Mar 16, 2022
Walmart looks to hire 50,000 U.S. workers by April end- WSJ
(Reuters) - Walmart Inc is looking to hire around 50,000 workers in the United States by the end of next month as the U.S. retail giant expands its business in the country, the Wall Street Journal rep...
Mar 16, 2022
Volkswagen keeps Changchun factory shut on Thursday, Shanghai to reopen
BERLIN (Reuters) -Volkswagen Group China said on Wednesday it would as a precautionary measure pause production for another day in Changchun due to COVID cases, but would resume production in Shanghai...
Mar 16, 2022
Factbox-Countries and companies shun Russian crude over Ukraine invasion
(Reuters) - Russian gas flows to Europe remain stable, but Western sanctions over Moscow's invasion of Ukraine and voluntary actions by buyers are starting to impact its oil sales. Some European buyer...
Mar 16, 2022
Peoria, IL, USA
67 °F Clear
