Category Archives:
Italy’s SECO sees double digit revenue growth next year – CEO
MILAN (Reuters) - Italian high-tech company SECO expects its revenue to grow in "double digits" next year as it is also benefitting from Western companies shifting their supply chain to Europe in the ...
Sep 12, 2022
Moscow court accepts Google’s Russian unit’s bankruptcy application -agencies
MOSCOW (Reuters) - A Moscow court on Monday accepted a bankruptcy application by Google's Russian subsidiary and started initial bankruptcy proceedings, placing the company under supervision, Russian ...
Sep 12, 2022
JPMorgan to boost payments business with Renovite purchase
By Pamela Barbaglia LONDON (Reuters) - JPMorgan has clinched a deal to buy U.S. firm Renovite Technologies to expand its payments processing business and win market share in a lucrative industry where...
Sep 12, 2022
Rate-hike cycle in Poland may be ending, central banker Kochalski says
WARSAW (Reuters) - Polish central banker Cezary Kochalski said there was significantly reduced room for further interest rate hikes and that the probability of ending the monetary tightening cycle had...
Sep 12, 2022
Futures point to higher open as focus shifts to inflation data
(Reuters) - U.S. stock index futures rose on Monday as investors positioned themselves for a crucial inflation reading this week that could determine the pace of interest rate hikes by the Federal Res...
Sep 12, 2022
Analysis-This might hurt: tectonic plates of global economy shift
By Mark John LONDON (Reuters) - When the Shannon family announced the closure of their garden centre just off London's busy South Circular road after 33 years of trading this month, their message to c...
Sep 12, 2022
GE Healthcare to be spun off by January 2023
(Reuters) -General Electric said on Monday it was expecting to complete the spinoff of its healthcare business by the first week of January 2023, subject to final approval from the company's board. La...
Sep 12, 2022
Ethereum blockchain to undergo major upgrade to cut energy use
By Elizabeth Howcroft LONDON (Reuters) - A long-awaited software upgrade to the Ethereum blockchain aimed at slashing its huge energy consumption is expected this week, a move proponents say may widen...
Sep 12, 2022
Twitter responds to Musk’s letter, says it did not breach deal obligations
(Reuters) - Twitter Inc said on Monday payments made to a whistleblower did not breach any conditions of its $44 billion buyout by Elon Musk, after the world's richest man cited the move as another re...
Sep 12, 2022
Explainer-The G7’s price cap on Russian oil begins to take shape
By Timothy Gardner WASHINGTON (Reuters) - The Group of Seven countries is working to cap the price of Russian oil in an attempt to limit Moscow's ability to fund its invasion of Ukraine, a plan analys...
Sep 12, 2022
Peoria, IL, USA
67 °F Overcast
