Category Archives:
Soitec says succession plan has ‘full support’ of main shareholders
(Reuters) - Soitec's plan to appoint a new CEO has the "full support" of its main shareholders, the French semiconductor company said on Friday, after the company's executive committee questioned the ...
Jan 21, 2022
Take Five: All about inflation
(Reuters) - Inflation is front and centre: Markets will look to the U.S. Federal Reserve for hints on when and how much it may tighten policy to combat inflation at 40-year highs, whether CPI data for...
Jan 21, 2022
Amundi’s China wealth JV garners $11 billion in 15 months since launch
By Selena Li HONG KONG (Reuters) - Europe's largest asset manager Amundi has garnered more than $11 billion of assets from Chinese investors since it became the first foreign-controlled joint venture ...
Jan 21, 2022
UK retail sales slump in December after early Xmas shopping, Omicron spread
LONDON (Reuters) -British retail sales slumped in December after consumers did much of their Christmas shopping earlier than usual in November and many consumers stayed at home due to the spread of th...
Jan 21, 2022
Analysis-A handbook of (mostly failed) radical inflation-fighting efforts
By Marc Jones and Rodrigo Campos LONDON/NEW YORK (Reuters) - More governments are seeking ways to prevent surging inflation whipping up economic trouble - and even public unrest - without raising inte...
Jan 21, 2022
Sweden’s Storytel proposes Hans-Holger Albrecht as new chairman
STOCKHOLM (Reuters) - Swedish audiobook streaming group Storytel has proposed Hans-Holger Albrecht as new chairman after Stefan Blom decided to step down, it said late on Thursday. Albrecht, 58, has h...
Jan 21, 2022
South Korea’s IPO boom leaves investment banks short changed
By Scott Murdoch and Heekyong Yang HONG KONG/SEOUL (Reuters) - South Korea's equity offering boom has created a money spinning opportunity for issuers and investors, but it has brought little cheer to...
Jan 21, 2022
Rio Tinto shares plunge as Serbia pulls plug on its $2.4 billion lithium project
By Sonali Paul MELBOURNE (Reuters) - Shares in Rio Tinto tumbled on Friday after Serbia revoked its lithium exploration licences over environmental concerns, hurting the Anglo-Australian miner's ambit...
Jan 21, 2022
U.S. crude exports ramp up as global demand recovers
By Stephanie Kelly NEW YORK (Reuters) - U.S. crude exports are ramping up due to increasing demand from Asia and Europe and recovering U.S. production from the lows of the coronavirus pandemic. Surgin...
Jan 21, 2022
Factbox-World faces shortage of lithium for electric vehicle batteries
MELBOURNE (Reuters) - Lithium is in hot demand due to rapidly growing production of electric vehicles that use lithium-ion batteries, but there is a global supply shortage of the metal, with western c...
Jan 21, 2022
Peoria, IL, USA
50 °F Partly cloudy
