Category Archives:
Gold steadies as focus turns to Fed decision
By Bharat Gautam (Reuters) - Gold steadied on Wednesday, with a weaker dollar offsetting pressure from higher U.S. Treasury yields as investors await the first pandemic-era U.S. Federal Reserve intere...
Mar 16, 2022
Exclusive-TuSimple explores sale of China unit after pact with U.S. authorities-sources
(Reuters) - Autonomous trucking startup TuSimple Holdings Inc, backed by Chinese social media firm Sina Corp, is looking to sell its business in China and focus on the U.S. market, sources said. The d...
Mar 16, 2022
Starbucks CEO Johnson retires as pandemic wanes, union drive heats up
By Hilary Russ NEW YORK (Reuters) - Starbucks Chief Executive Officer Kevin Johnson will retire on April 4, the company said on Wednesday, and the coffee chain's founder Howard Schultz will serve as i...
Mar 16, 2022
U.S. retail sales increase moderately in February
WASHINGTON (Reuters) - U.S. retail sales rose moderately in February as more expensive gasoline and food forced households to cut back spending on other goods, which could restrain economic growth thi...
Mar 16, 2022
Embraer’s Eve gets order of up to 200 electric aircraft from Global Crossing
SAO PAULO (Reuters) - Brazilian planemaker Embraer SA said on Wednesday that its electric vertical take-off and landing (eVTOL) aircraft subsidiary Eve has signed a letter of intent with Global Crossi...
Mar 16, 2022
Canada annual inflation rate rises to 5.7% in Feb, highest since Aug 1991
(Reuters) -Canada's annual inflation rate accelerated again in February to hit a fresh 30-year high at 5.7%, driven by phone, gas and food costs, Statistics Canada data showed on Wednesday. The figure...
Mar 16, 2022
BMW, Michelin hit by supply-chain disruption, Publicis cedes control in Russia
By Victoria Waldersee and Paul Sandle BERLIN (Reuters) - Michelin and BMW were among the latest companies on Wednesday to warn of disruption to their operations from Russia's invasion of Ukraine, whil...
Mar 16, 2022
Ball in U.S. court on Russian Eurobond payments, Finance Minister says
(Reuters) - The ball is in the United States' court as to whether payments due on Wednesday on two Russian dollar-denominated Eurobonds will go through, and Washington should clarify whether the settl...
Mar 16, 2022
RISC-V chip technology firm SiFive raises $175 million, valued at $2.5 billion
By Jane Lanhee Lee (Reuters) - SiFive, Inc., a RISC-V chip technology startup in Silicon Valley, said on Wednesday it raised $175 million in its latest round of funding and is now valued at $2.5 billi...
Mar 16, 2022
Merck to pause investments in Russia, will supply essential medicines
(Reuters) - Drugmaker Merck and Co said on Wednesday it would supply life-saving medicines and vaccines to Russia, but not make further investments in the country. The company does not have any resear...
Mar 16, 2022
Peoria, IL, USA
70 °F Partly cloudy
