Category Archives:
BE Semiconductor cuts Q4 revenue guidance due to Malaysia floods
(Reuters) -Chipmaking equipment supplier BE Semiconductor (BESI) on Monday said it had lowered its fourth-quarter revenue outlook due to flooding affecting its main production facility in Malaysia. Th...
Dec 20, 2021
StanChart fined $61.5 million for misreporting liquidity position
LONDON (Reuters) -The Bank of England said on Monday it was fining Standard Chartered 46.55 million pounds ($61.51 million) for misreporting its liquidity position to the regulator and for failings in...
Dec 20, 2021
S.Korea sees steady recovery, slightly increases 2022 growth forecast
By Joori Roh SEOUL (Reuters) - South Korea expects the economy to grow steadily in 2022, as domestic demand rebounds and export sales remain strong, but said it would continue to provide fiscal stimul...
Dec 20, 2021
Israel bans travel to U.S. over Omicron concerns – official statement
JERUSALEM (Reuters) - Israel on Monday banned its citizens from travelling to the United States without special permission, citing concerns over the spread of the COVID-19 Omicron variant. A statement...
Dec 20, 2021
After inflation, a bond supply shock may be next for markets
By Dhara Ranasinghe LONDON (Reuters) - Central banks, the developed world's most reliable group of bond buyers, could slash debt purchases next year by as much as $2 trillion across the four big advan...
Dec 20, 2021
Oil driller sees the industry’s future in electric rigs, carbon offsets
By Liz Hampton BROOMFIELD, Colorado (Reuters) - In a Denver suburb, an oil drilling rig plumbs the earth near a wealthy enclave framed by snow-capped mountains. The site is quieter, cleaner and less v...
Dec 20, 2021
Global M&A activity smashes all-time records to top $5 trillion in 2021
By Anirban Sen, Pamela Barbaglia and Kane Wu LONDON/HONG KONG (Reuters) - Global merger and acquisition (M&A) activity shattered all-time records in 2021, comfortably erasing the high-water mark that ...
Dec 20, 2021
U.S. gasoline prices fall a little or a lot, depending where you are
By Laura Sanicola (Reuters) - U.S. gasoline prices have dropped in time for the major holiday driving season, but not everyone around the country is feeling the same relief at the pump. Fuel prices we...
Dec 20, 2021
How SAP uses ‘social sabbaticals’ to retain employees
By Chris Taylor NEW YORK (Reuters) - The pandemic era upended the world in all sorts of ways, but one of the most fascinating is the so-called 'Great Resignation.' Employees are moving out of their pr...
Dec 19, 2021
Death of Chinese tycoon Xie triggers selling in firms he controlled
SHANGHAI (Reuters) - Shares of Chinese companies controlled by Zhongzhi Enterprise Group founder Xie Zhikun plunged on Monday, after the surprise death of the rags-to-riches tycoon triggered fears of ...
Dec 19, 2021
Peoria, IL, USA
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