Category Archives:
Biden administration to seek chip funding applications next year – NYT
(Reuters) - The United States Department of Commerce aims to begin soliciting applications for semiconductor chips funding from companies no later than February, Commerce Secretary Gina Raimondo said ...
Syndicated Content Sep 06, 2022
Solvay ends dispute with activist Bluebell over Italy sea waste
AMSTERDAM (Reuters) - Belgian chemicals group Solvay announced plans on Tuesday to cut the discharge of waste into the sea from a soda ash production plant in Italy, ending a dispute with activist Blu...
Syndicated Content Sep 06, 2022
European shares steady after plunge, Credit Suisse up
(Reuters) - European shares climbed on Tuesday, following a rough start to the week as worries over a looming energy crisis and recession weighed on risk appetite, while Credit Suisse Group rose after...
Syndicated Content Sep 06, 2022
Lufthansa: to make “improved” offer to pilots
BERLIN (Reuters) - German airline Lufthansa confirmed that it would present an improved offer to the pilots' union on Tuesday and that talks in an escalating wage dispute would go ahead, as planned. L...
Syndicated Content Sep 06, 2022
Emerging Asia equities see biggest monthly foreign inflow in 20 months
By Gaurav Dogra (Reuters) - Emerging Asian equities ex-China saw massive foreign purchases in August due to a rise in risk appetite based on tempered inflation expectations. Data from stock exchanges ...
Syndicated Content Sep 06, 2022
Porsche could be icebreaker for capital markets, CEO Blume says
BERLIN (Reuters) - The listing of Porsche could break the ice in capital markets, chief executive Oliver Blume said on Tuesday following Volkswagen's decision to trigger an IPO of the sportscar brand....
Syndicated Content Sep 06, 2022
Lufthansa to hire nearly 20,000 new employees by end of 2023 -CEO
BERLIN (Reuters) - Lufthansa is planning to hire nearly 20,000 new employees by the end of 2023 as the aviation industry recovers from the pandemic, according to Chief Executive Carsten Spohr. During ...
Syndicated Content Sep 06, 2022
Volkswagen’s Antlitz: no comment on valuation of Porsche listing
BERLIN (Reuters) - Volkswagen Chief Financial Officer Arno Antlitz would not comment on what the valuation of a Porsche listing would be, adding that he expected huge interest from the market. The fun...
Syndicated Content Sep 06, 2022
Crypto firm 21.co raises $25 million to value it at $2 billion
(Reuters) - Crypto investment product firm 21.co, parent of 21Shares, said on Tuesday it had raised $25 million in a funding round led by Marshall Wallace that valued the company at $2 billion. "With ...
Syndicated Content Sep 06, 2022
France to pick new EDF boss in “coming days” – minister
PARIS (Reuters) - France will pick the new boss of state-controlled power giant EDF in the next few days, the finance minister said on Tuesday, as the group grapples with a record number of nuclear re...
Syndicated Content Sep 06, 2022
Peoria, IL, USA
42 °F Overcast
