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Cannabis e-commerce platform Dutchie raises $350 million, valued at $3.75 billion
By Jane Lanhee Lee (Reuters) - Cannabis e-commerce platform Dutchie on Thursday said it raised $350 million in its latest funding round that valued the company at $3.75 billion. The massive funding ro...
Syndicated Content Oct 14, 2021
UnitedHealth raises 2021 profit forecast on Optum strength
(Reuters) -UnitedHealth Group Inc on Thursday raised its full-year adjusted profit forecast after beating analysts' estimates for third-quarter earnings, helped by a jump in revenue from its Optum uni...
Syndicated Content Oct 14, 2021
Price pinch: global economy caught in perfect storm
By Guy Faulconbridge, Andrew MacAskill, Daniel Leussink and Leika Kihara LONDON/TOKYO (Reuters) - From beef bowls in Tokyo to chicken fillet rolls in London, consumers are beginning to feel the pinch ...
Syndicated Content Oct 14, 2021
BoE rate rise after one-off price shock would be ‘self-defeating’ – Tenreyro
LONDON (Reuters) -The Bank of England should not raise interest rates to tackle a surge in inflation caused by higher prices for energy and semi-conductors if it thinks these effects will be short-liv...
Syndicated Content Oct 14, 2021
Car production curbs hit TomTom amid chip shortage
(Reuters) - Dutch navigation and digital mapping company TomTom warned on Thursday supply chain problems in the auto sector could last until the first half of next year after it reported a bigger than...
Syndicated Content Oct 14, 2021
EU appeals to shared values to tempt Taiwan’s chip firms
TAIPEI (Reuters) - The European Union and Taiwan are democracies with shared values and are natural partners when it comes to semiconductors, a senior EU official said on Thursday, making a pitch for ...
Syndicated Content Oct 14, 2021
China Evergrande owes $28 million for Changchun land, city govt says
BEIJING (Reuters) -Heavily indebted property developer China Evergrande Group owes the equivalent of $28 million for land in the northeastern city of Changchun it bought in June, municipal authorities...
Syndicated Content Oct 14, 2021
UK card spending edges up slightly in week to Oct. 7 – ONS
LONDON (Reuters) - British consumer spending on credit and debit cards rose slightly in the week to Oct. 7 to 102% of its level in February 2020, before COVID-19 lockdowns, the Office for National Sta...
Syndicated Content Oct 14, 2021
U.S. committed to WTO and wants it to succeed, trade rep Tai says
By Emma Farge GENEVA (Reuters) - U.S. Trade Representative Katherine Tai on Thursday affirmed the Biden administration's commitment to the World Trade Organization (WTO), saying that reforms were poss...
Syndicated Content Oct 14, 2021
U.S. Senator Warren urges Amazon breakup, India retailers want probe after Reuters story
By Aditya Kalra NEW DELHI (Reuters) - U.S. Senator Elizabeth Warren called for breaking up Amazon.com Inc and Indian retailers demanded a government probe of the company after a Reuters investigation ...
Syndicated Content Oct 14, 2021
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