Category Archives:
Malaysia says auditor KPMG to pay $80 million in 1MDB settlement
KUALA LUMPUR (Reuters) - Malaysia said on Thursday audit firm KPMG has agreed to pay a 333 million ringgit ($80.11 million) settlement to resolve all claims related to their fiduciary duties on auditi...
Syndicated Content Sep 16, 2021
Swiss gov’t lowers 2021 economic forecast on global pressures
By Brenna Hughes Neghaiwi ZURICH (Reuters) - Switzerland's economy is expected to grow by 3.2% this year, the government said on Thursday, lowering its full year outlook as a less sunny global picture...
Syndicated Content Sep 16, 2021
Analysis: India may corner nearly half of global rice trade as exports soar to record
By Rajendra Jadhav KAKINADA, India (Reuters) - India could account for as much as 45% of global rice exports in 2021 as expanded port-handling capacity allows the world's second largest rice grower af...
Syndicated Content Sep 16, 2021
UK’s M&S to close 11 stores in France after Brexit
LONDON (Reuters) -British retailer Marks & Spencer said it would close all 11 franchise food stores it runs with partner SFH in France over the coming months after new trade rules in place since Brita...
Syndicated Content Sep 16, 2021
Greek jobless rate drops to 15.8% in second quarter
ATHENS (Reuters) - Greece's jobless rate fell to 15.8% in the second quarter from 17.1% in the first three months of 2021, data by the country's statistics service ELSTAT showed on Thursday. About 61%...
Syndicated Content Sep 16, 2021
HelloFresh to spend nearly $60 million for new hires in tight labour market
(Reuters) - Meal-kit company HelloFresh will spend 50 million euros ($58.91 million) to recruit 1,000 new tech employees across Germany, the United States, Canada and Australia over the next 12 months...
Syndicated Content Sep 16, 2021
VW’s SEAT to extend assembly curbs in Spain into 2022 on chip shortage
MADRID (Reuters) - Volkswagen's Spanish unit SEAT plans to extend partial car assembly suspensions at its plants near Barcelona well into 2022 because of global semiconductor supply bottlenecks, the c...
Syndicated Content Sep 16, 2021
Volta Trucks raises $43.7 million in latest funding round
By Nick Carey LONDON (Reuters) - Electric truck startup Volta Trucks said on Thursday it has raised 37 million euros ($43.7 million) in its latest funding round led by hedge fund Luxor Capital and inc...
Syndicated Content Sep 16, 2021
VW’s Skoda to stop production at Czech plants for a week due to chip shortage
PRAGUE (Reuters) - Czech car maker Skoda Auto, part of the Volkswagen group, will halt production at its domestic plants for a week at the end of September due to chip shortages, its union head said i...
Syndicated Content Sep 16, 2021
Amazon to more than double payroll in Spain to 25,000 by 2025
TOLEDO, Spain (Reuters) - U.S. online retail giant Amazon will more than double its payroll in Spain to 25,000 workers by 2025 from 12,000 last year, Mariangela Marsiegla, Amazon's vice president and ...
Syndicated Content Sep 16, 2021
Peoria, IL, USA
42 °F Clear
