Category Archives:
Q&A: The White House eyes company profits in inflation battle
WASHINGTON (Reuters) - U.S. President Joe Biden ordered his administration last year to boost the domestic economy by cracking down on what it sees as a lack of competition in sectors from agriculture...
Syndicated Content Feb 16, 2022
Private prison company to test U.S. house arrest program for immigrants
By Ted Hesson and Mica Rosenberg WASHINGTON (Reuters) - A private prison company will run a new U.S. pilot program that would place hundreds of migrants caught crossing the U.S.-Mexico border under ho...
Syndicated Content Feb 16, 2022
Tight supplies lift Mideast and Russian crude grades to multi-year highs
By Florence Tan SINGAPORE (Reuters) -Middle East benchmark Dubai crude soared to a record this week while spot premiums for April-loading Russian oil jumped to their highest in more than two years in ...
Syndicated Content Feb 16, 2022
Analysis-‘Flying taxi’ dream faces hurdles before lift-off
By Chen Lin, Gerry Doyle and Jamie Freed SINGAPORE (Reuters) - Vertical Aerospace and Embraer's Eve have gained more customers for their Jetsons-like visions for urban air mobility at the Singapore Ai...
Syndicated Content Feb 16, 2022
Ukraine’s Metinvest to invest $1 billion in new production facilities in 2022
KYIV (Reuters) - Ukraine's largest steelmaker Metinvest BV plans to invest $1 billion this year in modernisation and new production facilities, majority owner Rinat Akhmetov said on Wednesday. "We wil...
Syndicated Content Feb 16, 2022
German cabinet backs tax relief plan to support recovery
BERLIN (Reuters) - Germany's cabinet backed a tax relief package for workers and businesses on Wednesday, a government source said, aiming to mitigate the impact of the pandemic on Europe's largest ec...
Syndicated Content Feb 16, 2022
Website creator Wix.com Q4 loss widens, unable to forecast 2022
By Steven Scheer JERUSALEM (Reuters) - Wix.com, which helps small businesses build and operate websites, reported on Wednesday a wider fourth-quarter loss and said it could not provide estimates for 2...
Syndicated Content Feb 16, 2022
Volkswagen expects chip shortage to ease later in 2022
BERLIN (Reuters) - German carmaker Volkswagen expects a continued hit from a shortage of semiconductors this year, although it should be able to ramp up production in the second half of the year, Chie...
Syndicated Content Feb 16, 2022
Volkswagen works council sees Q1 decision on new Wolfsburg plant
BERLIN (Reuters) - The works council of Volkswagen said on Wednesday it hopes for a final decision on exactly where the German company will build a new electric vehicle plant in the first quarter, add...
Syndicated Content Feb 16, 2022
USTR says new trade tools needed to fight China state-led trade
By David Lawder WASHINGTON (Reuters) - The United States needs to pursue new strategies and update its domestic trade tools to deal with China's "state-led, non-market policies and practices", the U.S...
Syndicated Content Feb 16, 2022
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