Category Archives:
UK economy grew more slowly than thought before Omicron hit
LONDON (Reuters) - Britain's economy grew more slowly than previously thought in the July-September period, before the Omicron variant of the coronavirus posed a further threat to the recovery later i...
Dec 22, 2021
WEF annual meeting will take place in Davos -founder
ZURICH (Reuters) - The World Economic Forum (WEF) will hold its postponed 2022 annual meeting in the Swiss Alpine resort of Davos, WEF founder Klaus Schwab said in a newspaper interview, quashing spec...
Dec 22, 2021
Maersk agrees $3.6 billion deal to buy Hong Kong-based LF Logistics
COPENHAGEN (Reuters) -Container shipping giant A.P. Moller-Maersk has agreed to buy Hong Kong-based LF Logistics for $3.6 billion in an all-cash deal, it said on Wednesday, as it seeks to expand beyon...
Dec 22, 2021
Cathay Pacific to cancel some passenger flights in Jan. amid tougher curbs
(Reuters) - Hong Kong's Cathay Pacific Airways Ltd will cancel some passenger flights in January because of operational and travel curbs at a time when the Asian financial centre has tightened quarant...
Dec 22, 2021
China’s official Xinhua News Agency to issue digital photos as NFTs
SHANGHAI (Reuters) - China's state-owned news agency Xinhua said on Wednesday it will issue the country's first collection of digital journalistic photos via blockchain-based non-fungible tokens (NFTs...
Dec 22, 2021
Analysis-After another torrid year, can emerging markets rediscover their mojo?
By Tommy Wilkes and Karin Strohecker LONDON (Reuters) - The spectre of higher interest rates in the United States, slowing growth in China and a strong dollar have this year hammered emerging markets ...
Dec 22, 2021
Analysis – Weak winds worsened Europe’s power crunch; utilities need better storage
By Nora Buli and Stine Jacobsen OSLO/COPENHAGEN (Reuters) - Wind speeds were milder than usual in Europe this year, so windmills across the bloc generated less electricity which worsened a crunch that...
Dec 22, 2021
U.S. faces tough choices in 2022 on mines for electric-vehicle metals
By Ernest Scheyder (Reuters) - The United States has enough reserves of lithium, copper and other metals to build millions of its own electric vehicles (EVs), but rising opposition to new mines may fo...
Dec 22, 2021
China regulator suspends cyber security deal with Alibaba Cloud
BEIJING/HONG KONG (Reuters) - Chinese regulators on Wednesday suspended an information-sharing partnership with Alibaba Cloud Computing, a subsidiary of e-commerce conglomerate Alibaba Group, over acc...
Dec 21, 2021
Goodyear CEO Rich Kramer on rolling along in a crisis
By Cheryl Lu-Lien Tan NEW YORK (Reuters) - The world may have spun differently in the past two years, but Rich Kramer, CEO of the Goodyear Tire and Rubber Company, is rolling with those changes. "We l...
Dec 21, 2021
Peoria, IL, USA
76 °F Partly cloudy
