Category Archives:
ABB rebrands turbocharging business “Accelleron”, decision expected in Q1
ZURICH (Reuters) - Swiss automation group ABB on Tuesday rebranded its turbocharging business "Accelleron" and said it expected to make the final decision on whether to sell or spin it off towards the...
Feb 15, 2022
Italy’s Saipem to submit updated business plan to board on March 15
MILAN (Reuters) - Italian energy services group Saipem said on Tuesday it would submit an updated strategic plan for approval by the board on March 15. Sapem, which presented its 2022-2025 plan last O...
Feb 15, 2022
Marketmind: The work of central banks
A look at the day ahead in markets from Sujata Rao. The Fed hasn't yet started raising interest rates, and in the euro zone, higher rates are likely many months away. But markets have started doing th...
Feb 15, 2022
Spain January CPI rose 6.1% over 12 months, INE’s final data show
(Reuters) - Spanish consumer prices rose 6.1% year-on-year in January, final official data showed on Tuesday, up from a first flash estimate of 6.0% released two weeks ago and down from 6.5% in the 12...
Feb 15, 2022
French cloud firm InterCloud raises 100 million euros in a funding round
(Reuters) - France's InterCloud said on Tuesday it had raised a further 100 million euros ($114.43 million) to support its international expansion in its latest fundraising round. InterCloud, which he...
Feb 15, 2022
Aerospace firms grapple with fragile supply chain at Singapore Airshow
By Aradhana Aravindan and Eric M. Johnson SINGAPORE/SEATTLE (Reuters) - Supply chain shortages and wage inflation are at the top of a list of concerns for aerospace companies attending a depleted Sing...
Feb 15, 2022
Thailand approves tax cut on diesel to ease high prices
BANGKOK (Reuters) - Thailand's cabinet on Tuesday agreed to cut the excise tax on diesel by 3 baht ($0.0927) per litre, from 5.99 baht currently, for three months to help mitigate the impact of high e...
Feb 15, 2022
Britishvolt kicks off funding round with $54 million from Glencore
By Nick Carey LONDON (Reuters) - Electric vehicle (EV) battery startup Britishvolt said on Tuesday it will launch a Series C funding round with a starting investment of 40 million pounds ($54 million)...
Feb 15, 2022
Blackstone plans $23.77 billion recapitalization of logistics firm Mileway
(Reuters) - Blackstone Inc said on Tuesday existing investors in Mileway, its pan-European last mile logistics company, have agreed to recapitalize the company for 21 billion euros ($23.77 billion). (...
Feb 15, 2022
Thai lender SCB invests $100 million in Indonesia’s Akulaku
BANGKOK (Reuters) - Thailand's Siam Commercial Bank Pcl on Tuesday announced a $100 million investment in Indonesian fintech startup Akulaku, as part the bank's expansion overseas and into technology....
Feb 15, 2022
Peoria, IL, USA
48 °F Sunny
