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EU antitrust regulators raid auto companies, associations in several EU countries
BRUSSELS (Reuters) - EU antitrust regulators on Tuesday raided several companies and associations in the automotive industry in several EU countries, saying that they may have breached the bloc's cart...
Syndicated Content Mar 15, 2022
Exclusive-Hellenic clinches initial deal to ramp up crude oil supplies from Saudi Arabia
ATHENS (Reuters) - Hellenic Petroleum, Greece's biggest oil refiner, has clinched an initial deal to get additional crude oil supplies from Saudi Arabia, two sources from the refiner said on Tuesday. ...
Syndicated Content Mar 15, 2022
Intel picks sites for EU chip factories amid prolonged supply crunch
STOCKHOLM (Reuters) - Intel on Tuesday picked Germany as the main site for a 17-billion-euro chip factory, the first details of its planned $88 billion investment in Europe, as the region scrambles to...
Syndicated Content Mar 15, 2022
SoftBank-backed Bear Robotics raises $81 million for waitering robot rollout
By Sam Nussey TOKYO (Reuters) - SoftBank Group Corp-backed food service robot startup Bear Robotics has raised $81 million in a Series B funding round with investors that include Cleveland Avenue, a v...
Syndicated Content Mar 15, 2022
Factbox-New UK sanctions target Russian luxury goods, steel and iron
LONDON (Reuters) - Britain announced a new round of sanctions on Russia on Tuesday, targeting hundreds of Russian businessmen, people close to Russian President Vladimir Putin and senior defence offic...
Syndicated Content Mar 15, 2022
Walmart to hire more than 5,000 workers, add two new hubs
(Reuters) - U.S. retail chain Walmart Inc plans to hire more than 5,000 new associates globally to its tech hubs during the current fiscal year, the company said on Tuesday. The company's technology u...
Syndicated Content Mar 15, 2022
Russia’s VTB winds down London-based unit as sanctions bite
By Lawrence White LONDON (Reuters) - Russia's second-biggest bank VTB is closing its London-based investment banking unit VTB Capital, it said on Tuesday, as Western sanctions continue to throttle the...
Syndicated Content Mar 15, 2022
Acacia Research taps Starboard SPAC executive as M&A chief
By Svea Herbst-Bayliss BOSTON (Reuters) - Acquisition platform Acacia Research Corp, backed by activist fund Starboard Value and a recent bidder for retailer Kohl's Corp, appointed one of the hedge fu...
Syndicated Content Mar 15, 2022
U.S. producer prices increase strongly in February
WASHINGTON (Reuters) - U.S. producer prices rose solidly in February, and further gains are likely amid higher prices of crude oil and other commodities following Russia's war against Ukraine. The pro...
Syndicated Content Mar 15, 2022
American Airlines cuts first-quarter capacity forecast as oil prices surge
(Reuters) - American Airlines Group Inc cut its current-quarter capacity forecast on Tuesday, as airlines grapple with high fuel prices due to the Russia-Ukraine war. (Reporting by Abhijith Ganapavara...
Syndicated Content Mar 15, 2022
Peoria, IL, USA
51 °F Thunderstorm In Vicinity, Mist
