Category Archives:
Air taxi startup Volocopter hires ex-Airbus defence chief as next CEO
By Nadine Schimroszik BERLIN (Reuters) - German air taxi startup Volocopter is recruiting Dirk Hoke, former head of the defence and aerospace division at Airbus, to take over as CEO in September. Hoke...
Syndicated Content Mar 08, 2022
London Metal Exchange cancels nickel trades after price doubles
LONDON (Reuters) - The London Metal Exchange (LME) cancelled all nickel trades that took place on Tuesday when prices doubled in a matter of hours and spurred the exchange to suspend trading. "The cur...
Syndicated Content Mar 08, 2022
Spanish rule protecting gig-economy riders leads to labour shortage, Uber says
By Christina Thykjaer MADRID (Reuters) - A Spanish law passed last year forcing food delivery companies to contract their couriers as staff has caused a labour shortage as many prefer to remain self-e...
Syndicated Content Mar 08, 2022
Futures steady after sharp tumble on Wall Street
(Reuters) - U.S. stock index futures stabilized on Tuesday, after a steep sell-off on Wall Street in the previous session as investors assessed the impact of a spike in oil prices and Western sanction...
Syndicated Content Mar 08, 2022
Volkswagen to stop taking orders for some hybrid models
BERLIN (Reuters) - Volkswagen will stop taking orders for numerous plug-in hybrid models from Wednesday onwards, the German automaker said, citing chip shortages and other supply chain troubles after ...
Syndicated Content Mar 08, 2022
WeWork rival IWG to merge digital assets with The Instant Group
By Aby Jose Koilparambil (Reuters) - Office rental company IWG said it would merge its digital assets with flexible workspace platform The Instant Group, as office space providers benefit from the hyb...
Syndicated Content Mar 08, 2022
Soaring prices set stage for eventual reversal of oil, gas demand
By Sabrina Valle, Arathy Somasekhar and Liz Hampton HOUSTON (Reuters) - Oil prices running at their hottest level in 14 years are poised to cut post-COVID pandemic fuel demand as consumers react to su...
Syndicated Content Mar 08, 2022
Thailand approves relaxed tax rules for digital assets
BANGKOK (Reuters) - Thailand's cabinet on Tuesday relaxed tax rules for investments in digital assets to help promote and develop the industry following a surge in cryptocurrency trading in Southeast ...
Syndicated Content Mar 08, 2022
Energy security in focus as Ukraine crisis causes supply crunch
By Liz Hampton HOUSTON (Reuters) - Executives at a U.S. energy conference are set to turn their focus on Tuesday to renewables and the long-term shift away from fossil fuels, even as the West seeks im...
Syndicated Content Mar 08, 2022
Google to buy cybersecurity firm Mandiant for $5.4 billion
(Reuters) - Alphabet Inc's Google said on Tuesday it would buy cybersecurity firm Mandiant Inc for $5.4 billion in cash as its cloud business skyrockets. Google's offer of $23 per share is at a premiu...
Syndicated Content Mar 08, 2022
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