Category Archives:
Bed Bath & Beyond revives bankruptcy preparations – Bloomberg TV
Bed Bath & Beyond Inc is reviving bankruptcy preparations, Bloomberg TV reported on Wednesday, as the home goods retailer has struggled with dropping sales and competition from big-box retailers for a...
Apr 19, 2023
Abrdn weighs split of private equity assets to draw fresh bids –source
By Pablo Mayo Cerqueiro and Iain Withers LONDON (Reuters) - Abrdn is seeking to individually sell a batch of private equity businesses which collectively have about 12 billion pounds of investments, a...
Apr 19, 2023
Airbus CEO says air traffic heading back to normal post-pandemic
PARIS (Reuters) - Air traffic is on course to break above pre-pandemic levels buoyed by a rebound in Chinese traffic after extended lockdowns, Airbus Chief Executive Guillaume Faury said on Wednesday....
Apr 19, 2023
Jaguar Land Rover plans to invest 15 billion pounds in electric push
(Reuters) - British luxury carmaker Jaguar Land Rover (JLR) on Wednesday said it plans to invest 15 billion pounds ($18.65 billion) over the next five years to expand its electric-vehicle offerings. J...
Apr 19, 2023
Silicon Valley 5G chip startup EdgeQ raises $75 million to boost production
By Jane Lanhee Lee OAKLAND, California (Reuters) - Silicon Valley 5G chip startup EdgeQ Inc said on Wednesday it raised $75 million to help fund a ramp up in production as the company starts selling i...
Apr 19, 2023
Global airline capacity constrained until 2025 says IATA’s Walsh
DUBLIN (Reuters) - Global airline capacity will be lower than expected this year and stay constrained until 2025 at the earliest, said IATA head Willie Walsh, blaming delays in new aircraft deliveries...
Apr 19, 2023
Storm clouds gather over highly indebted companies, Moody’s says
By Matt Tracy WASHINGTON (Reuters) - Credit ratings agency Moody's Investors Service Inc said on Wednesday it has pushed more highly indebted companies to the bottom of its junk ratings barrel and tha...
Apr 19, 2023
Canadian housing starts fall 11% in March -CMHC
TORONTO (Reuters) - Canadian housing starts fell more than expected in March compared with the previous month as groundbreaking decreased on multiple unit and single-family detached urban homes, data ...
Apr 19, 2023
Credit squeeze ‘biggest threat’ to economic outlook – asset managers
By Nell Mackenzie PARIS (Reuters) - The biggest threat to the economic outlook is a credit squeeze that has not finished filtering through the financial system, two senior asset managers told a Europe...
Apr 19, 2023
Review into Australian central bank recommends new board structure
SYDNEY (Reuters) - The Australian government will reveal details of an external review into the operation of the country's central bank on Thursday, including recommendations to establish separate boa...
Apr 19, 2023
Peoria, IL, USA
63 °F Rain, Mist
