Category Archives:
Ocean Cleanup struggles to fulfill promise to scoop up plastic at sea
By Gloria Dickie VICTORIA, Canada (Reuters) - Docked at a Canadian port, crew members returned from a test run of the Ocean Cleanup's system to rid the Pacific of plastic trash were thrilled by the me...
Syndicated Content Sep 16, 2021
Swiss watchdog FINMA: banks’ syndicated loans falling behind LIBOR transition
ZURICH (Reuters) - Banks in Switzerland are essentially on track with the transition to phase out London Interbank Offered Rate (LIBOR) references rates, financial market supervisor FINMA said on Thur...
Syndicated Content Sep 16, 2021
Hungary eases repayment rules for some loans under moratorium
BUDAPEST (Reuters) - Hungary's government has eased repayment rules for retail credit card loans and overdraft credit as part of an extended debt moratorium, the latest in a string of gifts for househ...
Syndicated Content Sep 16, 2021
Malaysia says auditor KPMG to pay $80 million in 1MDB settlement
KUALA LUMPUR (Reuters) - Malaysia said on Thursday audit firm KPMG has agreed to pay a 333 million ringgit ($80.11 million) settlement to resolve all claims related to their fiduciary duties on auditi...
Syndicated Content Sep 16, 2021
Swiss gov’t lowers 2021 economic forecast on global pressures
By Brenna Hughes Neghaiwi ZURICH (Reuters) - Switzerland's economy is expected to grow by 3.2% this year, the government said on Thursday, lowering its full year outlook as a less sunny global picture...
Syndicated Content Sep 16, 2021
Analysis: India may corner nearly half of global rice trade as exports soar to record
By Rajendra Jadhav KAKINADA, India (Reuters) - India could account for as much as 45% of global rice exports in 2021 as expanded port-handling capacity allows the world's second largest rice grower af...
Syndicated Content Sep 16, 2021
UK’s M&S to close 11 stores in France after Brexit
LONDON (Reuters) -British retailer Marks & Spencer said it would close all 11 franchise food stores it runs with partner SFH in France over the coming months after new trade rules in place since Brita...
Syndicated Content Sep 16, 2021
Greek jobless rate drops to 15.8% in second quarter
ATHENS (Reuters) - Greece's jobless rate fell to 15.8% in the second quarter from 17.1% in the first three months of 2021, data by the country's statistics service ELSTAT showed on Thursday. About 61%...
Syndicated Content Sep 16, 2021
HelloFresh to spend nearly $60 million for new hires in tight labour market
(Reuters) - Meal-kit company HelloFresh will spend 50 million euros ($58.91 million) to recruit 1,000 new tech employees across Germany, the United States, Canada and Australia over the next 12 months...
Syndicated Content Sep 16, 2021
VW’s SEAT to extend assembly curbs in Spain into 2022 on chip shortage
MADRID (Reuters) - Volkswagen's Spanish unit SEAT plans to extend partial car assembly suspensions at its plants near Barcelona well into 2022 because of global semiconductor supply bottlenecks, the c...
Syndicated Content Sep 16, 2021
Peoria, IL, USA
70 °F Partly cloudy
