Category Archives:
After U-turn, Britain’s economy still paying for Truss’s growth plan
LONDON (Reuters) - Britain's new finance minister Jeremy Hunt on Monday reversed the bulk of Prime Minister Liz Truss's economic growth plan of unfunded tax cuts, sparking a rally in battered UK asset...
Oct 17, 2022
U.S. Speaker Pelosi’s husband sold Nvidia, Micron options at a loss
By Noel Randewich (Reuters) - U.S. House Speaker Nancy Pelosi's husband sold call options in chipmakers Micron Technology and Nvidia for a loss of under $1 million, according to a new transparency fil...
Oct 17, 2022
Mercedes-Benz in preliminary offshore wind deal for electricity from 2027
BERLIN (Reuters) - Mercedes-Benz has struck a preliminary agreement with an offshore wind provider to supply electricity equivalent to 25% of its demand in Germany from 2027 onwards, a spokesperson fo...
Oct 17, 2022
S.Africa’s Transnet agrees three-year wage deal with majority labour union
(Reuters) - South African state-owned logistics firm Transnet said on Monday it had agreed a three-year wage deal with the union representing the majority of its workers, ending a two-week strike that...
Oct 17, 2022
Stellantis CEO calls for talks to soften EU’s 2035 fossil-fuel car ban
By Gilles Guillaume PARIS (Reuters) - The European Union's proposed 2035 ban on fossil-fuel cars should be renegotiated to give hybrid models a greater role in the transition to zero-emission vehicles...
Oct 17, 2022
U.S. sues Cigna Corp for overcharging Medicare Advantage program
NEW YORK (Reuters) -The United States has sued insurer Cigna Corp for overcharging the Medicare Advantage program, federal prosecutors in Manhattan said on Monday. Prosecutors said Cigna obtained tens...
Oct 17, 2022
Planned Parenthood asks North Carolina court to let more health workers provide abortions
By Gabriella Borter (Reuters) - North Carolina abortion providers on Monday asked a state court to allow health professionals other than physicians to provide medication abortions, as clinics struggle...
Oct 17, 2022
Lufthansa raises full-year earnings forecast amid strong demand for air travel
BERLIN (Reuters) - Lufthansa raised its forecast for full-year adjusted earnings to over one billion euros ($980.40 million) on Monday as strong demand for air travel in the third quarter put it on tr...
Oct 17, 2022
U.S., UK to deepen cooperation on Russia, other sanctions -statement
WASHINGTON (Reuters) - The United States and Britain will further their cooperation on sanctions against Russia over its invasion of Ukraine as well as on other targets, top financial officials for th...
Oct 17, 2022
Analysis-Despite tax U-turn, UK’s Hunt still faces tough budget choices
By William Schomberg LONDON (Reuters) - The screeching about-turn on tax cuts by finance minister Jeremy Hunt on Monday will not spare Britain from painful spending cuts and new tax hikes to fix the c...
Oct 17, 2022
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