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Exclusive-Coca-Cola African bottler’s $3 billion IPO delayed by Ukraine turmoil
By Promit Mukherjee and Emma Rumney JOHANNESBURG (Reuters) - Coca-Cola's estimated $3 billion initial public offering (IPO) for its African bottling unit will likely take place in the third quarter af...
Syndicated Content May 03, 2022
Exclusive-Shanghai authorities stepped up to help Tesla reopen factory, letter shows
SHANGHAI (Reuters) - Shanghai authorities helped Tesla transport over 6,000 workers and carry out necessary disinfection work to reopen its factory last month amid the city's lockdown, according to a ...
Syndicated Content May 03, 2022
Snarled-up ports point to worsening global supply chain woes – report
By Marc Jones LONDON (Reuters) - Global supply chain problems look to set to worsen, a new report published on Tuesday said, as China's COVID-19 lockdowns, Russia's invasion of Ukraine and other strai...
Syndicated Content May 03, 2022
Inflation and war risks to buoy gold in short term: Reuters Poll
By Seher Dareen (Reuters) - Gold prices are expected to hold firm this quarter as investors seek refuge from soaring inflation and risks such as the Ukraine war, before retreating later this year as i...
Syndicated Content May 03, 2022
Futures slip as earnings disappoint, eyes on Fed
(Reuters) - U.S. stock index futures fell on Tuesday after a slew of underwhelming earnings reports, while investors braced for a big interest rate hike by the Federal Reserve this week to tame surgin...
Syndicated Content May 03, 2022
Euro holds near five-year low as potential Fed hike nears
By Joice Alves LONDON (Reuters) - The euro held close to a five-year low against the U.S. dollar on Tuesday with the Federal Reserve expected to hike rates this week, while traders wait for European C...
Syndicated Content May 03, 2022
Paramount misses quarterly revenue estimates on weak TV ad sales
(Reuters) -Paramount Global said on Tuesday it added over 6 million streaming subscribers in the first quarter but missed revenue estimates, hurt by weaker TV advertising sales in a period without the...
Syndicated Content May 03, 2022
Biogen CEO to step down; drugmaker plans further Aduhelm cost cuts
(Reuters) - Biogen Inc's Chief Executive Officer Michel Vounatsos is stepping down, at a time the drugmaker is grappling with insurance coverage issues related to its Alzheimer's drug Aduhelm. Vounats...
Syndicated Content May 03, 2022
KKR’s first-quarter earnings jump 47% on strong asset sales, fees
(Reuters) - Private equity firm KKR & Co Inc said on Tuesday that its first-quarter distributable earnings rose 47% year-on-year, thanks to a surge in asset sales and a rise in revenue from fees it ch...
Syndicated Content May 03, 2022
U.S. homelessness haunts migrant families separated by Trump, reunited by Biden
By Kristina Cooke, Mica Rosenberg and Ted Hesson LOS ANGELES (Reuters) - Maria Hernandez spent countless hours in Honduras imagining a stable life in Los Angeles reunited with the two young daughters ...
Syndicated Content May 03, 2022
Peoria, IL, USA
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