Category Archives:
Saudi PIF buys 25% stake in Emaar The Economic City
DUBAI (Reuters) - The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, has completed the acquisition of a 25% stake in Emaar The Economic City (EEC), it said on Monday. EEC, linked ...
Syndicated Content Sep 27, 2021
Aldi UK to invest $1.8 billion to accelerate growth
LONDON (Reuters) -The British and Irish arm of German discount supermarket group Aldi said on Monday it would invest 1.3 billion pounds ($1.78 billion) over the next two years to open 100 new stores, ...
Syndicated Content Sep 27, 2021
Morrisons-CD&R shareholder vote set for Oct. 19
LONDON (Reuters) -Shareholders in British supermarket group Morrisons will get to vote on the $10 billion takeover offer from U.S. private equity group Clayton, Dubilier & Rice (CD&R) on October 19, i...
Syndicated Content Sep 27, 2021
Kuroda vows to keep BOJ’s focus on COVID-19 response amid weak inflation
By Leika Kihara TOKYO (Reuters) - The Bank of Japan would continue to focus on cushioning the economic blow from the coronavirus pandemic, given lingering uncertainty over the outlook and subdued infl...
Syndicated Content Sep 27, 2021
China’s Geely starts making commercial satellites
BEIJING (Reuters) - Automaker Geely said on Monday it is making commercial satellites at its factory in the eastern Chinese city of Taizhou. Geely is building low-orbit satellites to meet demand for h...
Syndicated Content Sep 27, 2021
China’s Xiaomi engaging expert to assess Lithuania censorship claims
By Josh Horwitz SHANGHAI (Reuters) -Chinese smartphone maker Xiaomi Corp said on Monday it is engaging a third-party expert to assess claims from Lithuania's government that its phones carry a censori...
Syndicated Content Sep 27, 2021
Many Apple, Tesla suppliers halt production in China amid power pinch
(Reuters) -Several key Apple and Tesla suppliers said they had halted production on Sunday at some of their Chinese facilities to comply with the country's tighter energy consumption policy. Apple sup...
Syndicated Content Sep 27, 2021
China’s power crunch begins to weigh on economic outlook
By Shivani Singh and Min Zhang BEIJING (Reuters) - China's power crunch, caused by tight coal supplies and toughening emissions standards, has triggered a contraction in heavy industry across several ...
Syndicated Content Sep 27, 2021
Messaging platform Signal faces outage
(Reuters) - Cross-platform messaging platform Signal said https://twitter.com/signalapp/status/1442354759009247232 early Monday that it is currently down due to an outage affecting parts of its servic...
Syndicated Content Sep 27, 2021
Analysis: Europe’s IPO market roars back to life but where are the SPACs?
By Arno Schuetze, Abhinav Ramnarayan and Toby Sterling FRANKFURT (Reuters) - European stock market listings have come back with a bang after the summer lull but blank cheque firms are nowhere to be se...
Syndicated Content Sep 27, 2021
Peoria, IL, USA
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