Category Archives:
IMF sees cost of COVID pandemic rising beyond $12.5 trillion estimate
WASHINGTON (Reuters) - The International Monetary Fund expects to raise its forecast that the COVID-19 pandemic will cost the global economy $12.5 trillion through 2024, the head of the global lender ...
Jan 20, 2022
Bipartisan U.S. Senate group seeks Plan B on voting rights after Democratic bill’s defeat
By David Morgan WASHINGTON (Reuters) - Following Democrats' twin defeats on a voting-rights bill, a bipartisan group of U.S. senators is discussing the possibility of passing a scaled-back law focused...
Jan 20, 2022
Walmart’s chief e-commerce officer Casey Carl exits company after two years
By Arriana McLymore NEW YORK, NY (Reuters) - Walmart's top e-commerce executive Casey Carl is leaving the company at the end of February after nearly two years, the company said in an internal memo. C...
Jan 20, 2022
Shareholder Terry Smith labels Unilever’s GSK bid “near death experience”
By Siddharth Cavale (Reuters) - Influential British fund manager Terry Smith attacked Unilever's failed 50 billion pound ($68.2 billion) bid for GSK's Consumer Health assets as a "near death experienc...
Jan 20, 2022
U.S. attorney general to meet with Boeing 737 MAX crash victims’ relatives
By David Shepardson WASHINGTON (Reuters) - U.S. Attorney General Merrick Garland plans to meet with relatives and lawyers of victims of fatal Boeing 737 MAX crashes after some challenged a deferred pr...
Jan 20, 2022
Chinese banks, insurers urged to step up digitalisation -Securities Times
SHANGHAI (Reuters) - Chinese regulators urged banks and insurers to make clear progress in their digital transformation by 2025, the state-owned newspaper Securities Times reported on Thursday. The go...
Jan 20, 2022
NYC Mayor Eric Adams to receive first paycheck in cryptocurrency via Coinbase
(Reuters) -New York City Mayor Eric Adams on Thursday said his first paycheck, to arrive on Friday, will be automatically converted into cryptocurrency via Coinbase Global Inc. The salary will be conv...
Jan 20, 2022
AI software startup 6sense valued at $5.2 billion after SoftBank joins funding round
(Reuters) - Artificial intelligence-driven software startup 6sense said on Thursday it was valued at $5.2 billion after a late-stage funding round that included SoftBank Vision Fund 2 and Tiger Global...
Jan 20, 2022
EU Parliament agrees on proposal for new rules aimed at U.S. tech giants
BRUSSELS (Reuters) - The European Parliament on Thursday signed off on a proposal for new rules aimed at U.S. tech giants, paving the way for talks with member countries and the European Commission, a...
Jan 20, 2022
Louis Vuitton honours memory of designer Abloh with his final collection
PARIS (Reuters) - Fashion house Louis Vuitton paid homage to Virgil Abloh with a presentation of his final collection Thursday in Paris, taking to a surreal setting featuring a sunken house and oversi...
Jan 20, 2022
Peoria, IL, USA
42 °F Overcast
