Category Archives:
DoorDash surges on $8 billion takeover deal to jump start international expansion
(Reuters) - Shares of DoorDash Inc jumped 16% on Wednesday after the U.S. food delivery firm inked an $8 billion deal to buy Finnish startup Wolt to grab a slice of the European market and maintain it...
Nov 10, 2021
EV maker Rivian set for high-profile market debut after mammoth IPO
(Reuters) - Amazon-backed electric vehicle maker Rivian Automotive Inc is set for a highly anticipated Nasdaq debut on Wednesday, after raising nearly $12 billion in an upsized offer that made it one ...
Nov 10, 2021
Analysis-Worst to come: pasta makers fret over durum wheat supply crunch
By Gus Trompiz and Giancarlo Navach PARIS/MILAN (Reuters) - Italian pasta makers are fearful of a substantial supply squeeze in the coming months after this summer's durum wheat price shock, as the ma...
Nov 10, 2021
Analysis-Flexible inflation targets a recipe for bond market turbulence
By Dhara Ranasinghe and Sujata Rao LONDON (Reuters) - For markets trying to navigate the pathway for stickier-than-expected inflation, a move to asymmetric price targets at the world's two biggest cen...
Nov 10, 2021
Google’s more than decade long EU antitrust battle
By Foo Yun Chee LUXEMBOURG (Reuters) - Google suffered a setback on Wednesday when Europe's second-highest court dismissed its challenge to an EU antitrust ruling and 2.42 billion euro ($2.8 billion) ...
Nov 10, 2021
Futures tick lower as inflation worries take hold ahead of CPI data
By Shreyashi Sanyal (Reuters) - Wall Street stock futures edged lower on Wednesday as signs of rising inflation across the world dampened investor sentiment ahead of the release of U.S. consumer price...
Nov 10, 2021
Peoria eliminates Public Safety Pension fee
PEORIA, Ill. — The Peoria City Council on Tuesday night voted 9-2 to eliminate the Public Safety Pension fee. The fee was originally voted on in 2018 and was intended to last from 2019-2021. The...
Nov 10, 2021
Wendy’s misses quarterly U.S. same-store sales estimates
(Reuters) - Wendy's Co missed market estimates for U.S. same-store sales growth on Wednesday as it grappled with rising competition and a widespread labor shortage in the United States. U.S. same-stor...
Nov 10, 2021
ICC proposes first global framework for financing sustainable trade
LONDON (Reuters) - The standard setter for global trade finance flows has proposed a new set of rules to define sustainability in the trade finance arena, worth some $5 trillion a year, an executive t...
Nov 10, 2021
Nigeria’s Aiteo reports “extremely high order” oil spill from well
YENAGOA, Nigeria (Reuters) - Nigeria's Aiteo Eastern E&P has reported an "extremely high order" oil spill from a jointly owned well in the Niger Delta and has had to abort immediate efforts to control...
Nov 10, 2021
Peoria, IL, USA
69 °F Sunny
