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Road congestion returns, but work-from-home leaves downtowns empty
By Tina Bellon (Reuters) - Empty roads and cleaner air at the start of the pandemic have given way to a gradual return of traffic congestion in many global cities, but U.S. and UK downtown centers rem...
Syndicated Content Dec 07, 2021
Goldman Sachs CEO expects higher inflation
NEW YORK (Reuters) - Goldman Sachs Chief Executive David Solomon anticipates inflation will be higher for a period but doesn't expect a repeat of the cost rises seen in the 1970s, he said in an interv...
Syndicated Content Dec 07, 2021
EU paves way for cheaper internet, bicycles, solar panels
BRUSSELS (Reuters) - European Union finance ministers agreed on Tuesday to change EU rules so that they can cut the Value Added Tax (VAT) on goods and services linked to fighting climate change, healt...
Syndicated Content Dec 07, 2021
Italy strike call splits unions, surprises government
ROME (Reuters) - Two of Italy's largest unions have called a national strike to protest against the government's 2022 budget, splitting the labour movement and angering Prime Minister Mario Draghi's a...
Syndicated Content Dec 07, 2021
Tiaras thought to belong to Napoleon’s Josephine sell for $760,000
LONDON (Reuters) - Two tiaras, believed to have belonged to French Emperor Napoleon Bonaparte's first wife Josephine, sold for more than $760,000 at auction on Tuesday. Set with engraved gemstones, th...
Syndicated Content Dec 07, 2021
Lacklustre trading thwarts London’s tech IPO ambitions
By Abhinav Ramnarayan LONDON (Reuters) - London's bid to transform its stock market into a haven for fast-growing technology companies to compete with New York is facing obstacles as trading volumes s...
Syndicated Content Dec 07, 2021
Pipeline operator Enbridge forecasts higher 2022 core earnings
(Reuters) - Canadian pipeline operator Enbridge Inc on Tuesday forecast higher core earnings in 2022 and announced a share repurchase of up to C$1.5 billion ($1.18 billion), betting on rising demand f...
Syndicated Content Dec 07, 2021
Norway’s Aker picks former sovereign wealth fund chief to lead investments
OSLO (Reuters) - Norwegian conglomerate Aker ASA has hired Yngve Slyngstad, the former head of Norway's sovereign wealth fund, to lead its asset management unit, focusing on renewable energy projects,...
Syndicated Content Dec 07, 2021
German chip chemical supplier to spend $1 billion in U.S., pairs with Palantir on supply chain data
By Stephen Nellis (Reuters) - A German supplier of chemicals and materials used in making semiconductors said on Tuesday that it is investing $1 billion in its U.S. operations and forming a joint vent...
Syndicated Content Dec 07, 2021
Japan’s top FX official: Digital cross-border payment may make it hard to prevent financial crisis
TOKYO (Reuters) - Japan's top currency official Masato Kanda said on Tuesday digital cross-border payment technology would boost regional growth, but regulations and preventing financial crisis may be...
Syndicated Content Dec 07, 2021
Peoria, IL, USA
71 °F Sunny
