Category Archives:
GE to split into three companies; shares jump 15%
(Reuters) - General Electric Co said on Tuesday it was planning to split into three public companies, sending shares of the U.S. conglomerate up 15% in trading before the bell. GE said it would combin...
Nov 09, 2021
BioNTech sees up to 17 billion eur in vaccine revenue this year
FRANKFURT (Reuters) - Germany's BioNTech SE said the COVID-19 vaccine it is developing with partner Pfizer will likely generate up to 17 billion euros ($19.6 billion) in revenues this year, as booster...
Nov 09, 2021
Britain proposes global competitiveness objective for financial regulators
LONDON (Reuters) - Britain proposed on Tuesday to require financial regulators to safeguard the global competitiveness of the financial sector as a formal objective in their work after Brexit. "The go...
Nov 09, 2021
Global banking regulators to move ahead with crypto, climate rules
LONDON (Reuters) - The Basel Committee of banking regulators said on Tuesday it will address climate-related risks and how banks should set aside capital to cover potential losses from cryptoassets. T...
Nov 09, 2021
Analysis-Valuing Argentina’s peso: It could cost the Peronists an election
By Hernan Nessi BUENOS AIRES (Reuters) - Argentina's embattled currency could cost the ruling Peronist party an election - and its key majority in the Senate. The peso, on par with the U.S. dollar two...
Nov 09, 2021
Retailers lose love for Asia: Snarled supply chains force manufacturing exodus to Balkans, LatAm
By Siddharth Cavale and Corina Pons (Reuters) - Major clothing and shoe companies are moving production to countries closer to their U.S. and European stores, smarting from a resurgence in cases of th...
Nov 09, 2021
U.S. Supreme Court weighs Puerto Rico’s exclusion from benefits program
By Lawrence Hurley WASHINGTON (Reuters) - The U.S. Supreme Court on Tuesday is set to weigh the legality of a decades-old congressional decision to exclude Puerto Rico from a federal program that prov...
Nov 09, 2021
U.S. borders reopen, but not for asylum seekers stuck in Mexico
By Kristina Cooke, Mica Rosenberg and Caitlin O'Hara NOGALES, Mexico (Reuters) - Leo fled his hometown in southern Mexico after his uncle was murdered by gang members and he received death threats. Ea...
Nov 09, 2021
Analysis-Musk’s Tesla stock sale poll raises taxing questions
By Jessica DiNapoli, David Lawder and Hyunjoo Jin (Reuters) - When Elon Musk asked his Twitter followers last weekend if he should sell 10% of his Tesla Inc stock, he said he was posing the question b...
Nov 09, 2021
U.S. Supreme Court hears a condemned murderer’s religious request
By Andrew Chung (Reuters) - U.S. Supreme Court justices on Tuesday were set to hear a bid by a man sentenced to death in Texas for a fatal 2004 stabbing outside a convenience store to have his pastor ...
Nov 09, 2021
Peoria, IL, USA
52 °F Rain
