Category Archives:
Maersk to tackle air pollution at ports with ship-charging buoys
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) - Shipping group Maersk plans to install hundreds of offshore charging stations around the world to allow vessels to power themselves with electricity i...
Jan 24, 2022
Lebanon’s economic depression “orchestrated by elite”, World Bank says
DUBAI (Reuters) -Lebanon's economic depression "is orchestrated by the country's elite" and "has come to threaten the country's long-term stability and social peace," the World Bank said in a press re...
Jan 24, 2022
Buy now, pay later firms Zip, Sezzle confirm merger talks
(Reuters) - Buy now, pay later (BNPL) firm Sezzle Inc is in talks to be acquired by larger Australian rival Zip Co Ltd, the companies said on Tuesday, sending shares of Sezzle soaring 23% during the s...
Jan 24, 2022
Indonesia regulator says financial firms banned from facilitating crypto sales
JAKARTA (Reuters) - Indonesia's Financial Services Authority (OJK) on Tuesday warned that financial firms are not allowed to offer and facilitate sales of crypto assets amid a boom in crypto trading i...
Jan 24, 2022
Talks between oil companies, U.S. union intensify as deadline nears
HOUSTON (Reuters) - Talks for a new national contract for U.S. refinery and chemical plant workers intensified on Monday between the United Steelworkers Union (USW) and oil companies, the union told m...
Jan 24, 2022
China’s Tencent fires 70 staff, blacklists 13 firms in anti-graft campaign
SHANGHAI (Reuters) - Tencent Holdings, China's biggest social media and video games company, on Tuesday said it fired nearly 70 staff over bribery and embezzlement incidents last year and named 13 com...
Jan 24, 2022
China has confidence to maintain full-year foreign trade operations within reasonable range
BEIJING (Reuters) - China has confidence that it will maintain full-year foreign trade operations within a reasonable range, Li Xingqian, a commerce ministry official told a news conference on Tuesday...
Jan 24, 2022
Cash-strapped Chinese developer Shimao sells stake in asset to state-owned partner
HONG KONG (Reuters) - Chinese property developer Shimao Group joined smaller peer Agile Group to sell its stake in a Guangzhou complex to state-owned partner China Overseas Land & Investment (COLI) in...
Jan 24, 2022
Moody’s upgrades Tesla’s rating to Ba1, says outlook positive
(Reuters) - Moody's upgraded Tesla Inc's debt rating by two notches to Ba1 from Ba3 on Monday, reflecting the ratings agency's expectations that Tesla will maintain its position as the leading manufac...
Jan 24, 2022
Logitech’s quarterly sales fall 2%
(Reuters) - Logitech International reported a 2% drop in third-quarter sales as the computer peripherals-maker lapped tough comparisons from a year earlier, when the pandemic triggered booming demand ...
Jan 24, 2022
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