Category Archives:
Bitcoin miner PrimeBlock to go public via $1.25 billion SPAC deal
(Reuters) - Prime Blockchain Inc, a bitcoin mining and infrastructure startup, on Friday agreed to go public in the United States by merging with a blank-check firm in a deal that would value the comb...
Apr 01, 2022
London Metal Exchange suspends some Russian metal from its UK warehouses
LONDON (Reuters) - The London Metal Exchange said on Friday it will suspend deliveries of some metals produced in Russia into its approved warehouses in Britain including copper from Norilsk Nickel an...
Apr 01, 2022
Kering agrees to pay 187 million euros in Bottega Veneta tax dispute -sources
MILAN (Reuters) - French luxury goods group Kering agreed to pay almost 187 million euros ($207 million) to settle a dispute with Italian tax authorities centred on its fashion brand Bottega Veneta, t...
Apr 01, 2022
Ford recalls 737,000 U.S. vehicles over software and fire-risk issues
WASHINGTON (Reuters) - Ford Motor Co is recalling 737,000 vehicles in the United States over a part that could develop an oil leak and a software error that could hinder braking, it said on Friday. Th...
Apr 01, 2022
Meme stock GameStop jumps on stock split plans
(Reuters) - Shares of GameStop Corp jumped 15% in premarket trading on Friday after the video game retailer at the heart of last year's retail trading frenzy said it would seek shareholder approval fo...
Apr 01, 2022
Bank of Canada’s Macklem to chair Basel banking committee’s oversight body
(Reuters) - The oversight body of the Basel Committee on Banking Supervision (BCBS) said on Friday it has appointed Tiff Macklem as its new chair, effective immediately. The BCBS constitutes 45 member...
Apr 01, 2022
Chinese capital sees energy consumption peak, weaned off coal by 2035
SINGAPORE (Reuters) - The Chinese capital Beijing will largely wean itself off coal by 2035, when its total energy use is expected to peak at the equivalent of 90 million tonnes of standard coal, unde...
Apr 01, 2022
AerCap Holdings signs lease agreements for new Airbus aircraft
(Reuters) - AerCap Holdings NV will provide 12 new Airbus aircraft to Italian state-owned carrier ITA Airways starting next year, the world's top aircraft lessor said on Friday. AerCap, which on Wedne...
Apr 01, 2022
Toymaker Mattel expands Mexican plant in ‘nearshoring’ push
By Kylie Madry MEXICO CITY (Reuters) - Top-selling Mattel Inc toys like Mega Bloks will now be made in Mexico, as the U.S. toymaker becomes the latest company to move its supply chain closer to home a...
Apr 01, 2022
Soaring imports deepen EU’s China trade deficit – Eurostat
(Reuters) - The European Union's trade deficit with China grew by over a third last year, the bloc's statistics office said on Friday, as it took in soaring imports from the Asian powerhouse. Imports ...
Apr 01, 2022
Peoria, IL, USA
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