Category Archives:
Intel to invest $20 billion to build manufacturing plants in Ohio
(Reuters) - Intel Corp said on Friday it would invest $20 billion to build two new plants in Ohio that would develop and manufacture advanced semiconductor chips, as it races to catch up with rivals i...
Jan 21, 2022
Explainer-Russia’s financial health amid geopolitics-driven market sell-off
By Katya Golubkova MOSCOW (Reuters) - Russian assets are under pressure as investors worry about the possible extension of U.S. sanctions or new EU measures targeting officials, banks and the energy s...
Jan 21, 2022
Geely, Renault formally agree on cooperation in South Korea
BEIJING (Reuters) - China's Geely Holding and France's Renault have formally agreed a deal to jointly design and produce electric hybrid and gasoline-fueled vehicles in South Korea for sale there, as ...
Jan 21, 2022
Bank of England to raise rates again in February as inflation surges: Reuters poll
By Jonathan Cable LONDON (Reuters) - The Bank of England will press ahead with its tightening cycle next month as red-hot inflation runs well ahead of target and the economic threat from the Omicron c...
Jan 21, 2022
France’s TotalEnergies withdraws from Myanmar
PARIS (Reuters) -French energy group TotalEnergies said on Friday it had decided to withdraw from Myanmar because of the worsening human rights situation there, becoming the latest Western company to ...
Jan 21, 2022
Piraeus Bank to buy additional stake in real estate company Trastor
ATHENS (Reuters) - Piraeus Bank has agreed with investment firm Varde Partners to buy its controlling stake in Trastor Real Estate Investment Company for about 98 million euros ($111.04 million), the ...
Jan 21, 2022
Swiss bank UBP boosts assets under management 8.8% in 2021
ZURICH (Reuters) - Swiss bank Union Bancaire Privee said assets under management rose 8.8% in 2021 to 160.4 billion Swiss francs ($175.40 billion), helped by favourable market conditions and net capit...
Jan 21, 2022
China expects to meet charging demand of 20 million-plus EVs by end of 2025
BEIJING (Reuters) - China expects to meet charging demand for more than 20 mln electric vehicles by the end of 2025, the National Development and Reform Commission said in a document on Friday. (Repor...
Jan 21, 2022
Ant Group is connected to former Hangzhou party secretary’s corruption case – FT
SHANGHAI (Reuters) - Ant Group is connected to a corruption scandal involving the former party secretary of Chinese technology hub Hangzhou, the Financial Times reported on Friday, citing public recor...
Jan 21, 2022
‘Bat Out of Hell’ singer Meat Loaf dies aged 74
LONDON (Reuters) - Meat Loaf, the singer best known for the "Bat Out of Hell" album, has died at the age of 74, a statement on his official Facebook page said on Friday. The American singer and actor,...
Jan 21, 2022
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