Category Archives:
Siemens Gamesa to replace head of struggling onshore wind unit – memo
By Isla Binnie (Reuters) - Struggling wind turbine maker Siemens Gamesa will replace the head of its onshore unit due to recent financial losses that have piled pressure on the business, an internal m...
Oct 05, 2022
Bank of Spain cuts 2023 growth forecast to 1.4%, lifts 2022 forecast
By Jess Aguado MADRID (Reuters) -The Bank of Spain on Wednesday significantly cut its GDP growth forecast for next year due to the impact of higher energy prices in Europe and lower consumer spending....
Oct 05, 2022
Philip Morris offers EU concessions in $16 billion Swedish Match deal
BRUSSELS (Reuters) - Marlboro maker Philip Morris has offered concessions to address EU antitrust concerns over its $16 billion bid for tobacco and nicotine products maker Swedish Match, a European Co...
Oct 05, 2022
Megacap stocks lose ground as yields rise, economic data awaited
By Ankika Biswas (Reuters) - U.S. stock index futures fell on Wednesday ahead of key economic data as rising Treasury yields spurred selling in megacap growth stocks, with recession fears from aggress...
Oct 05, 2022
Lawmakers press U.S. Commerce for tougher checks on semiconductor chip subsidies
By David Shepardson WASHINGTON (Reuters) - A group of Democratic lawmakers wants the U.S. Commerce Department to take additional steps to ensure semiconductor companies do not use government subsidies...
Oct 05, 2022
Amazon makes first venture fund bets with $150 million for underrepresented founders
By Jeffrey Dastin (Reuters) - Amazon.com Inc is investing in outside venture capital funds for the first time, saying on Wednesday it planned to hand $150 million to firms that are backing underrepres...
Oct 05, 2022
Atlantia’s board deems Benetton-Blackstone’s takeover offer fair
MILAN (Reuters) - Italy's infrastructure group Atlantia regards the share price in the tender offer announced by Edizione and Blackstone as fair from a financial point of view, it said on Wednesday. I...
Oct 05, 2022
WTO sees sharp slowdown in global trade growth in 2023
GENEVA (Reuters) - The World Trade Organization forecast a sharp slowdown of global goods trade growth next year as spiralling energy prices, rising interest rates and higher bills for food and fertil...
Oct 05, 2022
French actresses cut hair in protest over Mahsa Amini’s death
By Geert De Clercq PARIS (Reuters) - Leading French actresses including Juliette Binoche and Isabelle Huppert have cut locks of hair in protest over the death of Mahsa Amini, the young Iranian woman w...
Oct 05, 2022
Cargill aims to boost ships’ use of biofuel, methanol to cut emissions
SINGAPORE (Reuters) - Cargill Inc seeks to boost its use of biofuels in a bunkering trial and plans to order methanol-fuelled ships as part of its plans to cut emissions, a senior executive of the glo...
Oct 05, 2022
Peoria, IL, USA
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