Category Archives:
Ahold Delhaize plans to list online retailer Bol.com next year
By Bart H. Meijer AMSTERDAM (Reuters) -Supermarket group Ahold Delhaize said on Monday it wanted to spin off its 5.5 billion euro ($6.3 billion) Dutch online retail business Bol.com, which is competin...
Nov 15, 2021
Berkshire Hathaway’s reinsurance unit sets up Mideast office in Dubai
DUBAI (Reuters) - The General Reinsurance unit of Warren Buffett's Berkshire Hathaway Inc has set up a Middle East office in Dubai, Dubai International Financial Centre (DIFC) said on Monday. Gen Re w...
Nov 15, 2021
Snap hires head of carrier partnerships to boost global growth
By Sheila Dang (Reuters) - Snap Inc said on Monday it has hired its first head of telecom carrier partnerships, as the parent company of photo messaging app Snapchat seeks to bolster its growth outsid...
Nov 15, 2021
Japan’s largest bank MUFG forecasts annual net profit to hit record
TOKYO (Reuters) - Mitsubishi UFJ Financial Group Inc (MUFG) on Monday forecast record annual net profit, thanks to the release of cash from pandemic-related provisions as well as a drop in other credi...
Nov 15, 2021
UAE, opening oil and gas summit, says no unplugging from hydrocarbons
ABU DHABI (Reuters) - Abu Dhabi National Oil Co (ADNOC) Chief Executive Sultan al-Jaber said on Monday the world could not "simply unplug" from hydrocarbons and that the oil and gas industry needed to...
Nov 15, 2021
I fought the Fed and the Fed won
A look at the day ahead from Julien Ponthus. 'Don't fight the Fed', goes the old saying. Investors tempted to challenge the U.S. Federal Reserve's narrative on transitory inflation might want to read ...
Nov 15, 2021
Shell to scrap dual share structure, as it battles activist investor
(Reuters) -Royal Dutch Shell will scrap its dual share system in favour of a single class of shares to boost shareholder payouts and simplify its structure, it said on Monday, as the energy giant batt...
Nov 15, 2021
As autos go electric, Toyota chases hydrogen dream
By Tim Kelly and Maki Shiraki TOKYO (Reuters) - As U.N. climate conference delegates considered how to save the planet over the weekend in Glasgow, Toyota Motor's chief executive was in Japan racing a...
Nov 15, 2021
Japan looking to beef up chip, storage battery sectors as part of stimulus plan
TOKYO (Reuters) - Japan's economic stimulus package will feature a plan to urgently strengthen the chip industry while the government will also formulate a strategy for storage batteries, trade minist...
Nov 15, 2021
Heineken to buy South Africa’s Distell in $2.6 billion deal
(Reuters) - Heineken will buy Distell Group Holdings in a deal that values the South African drinks maker at about 40.1 billion rand ($2.62 billion), Distell said on Monday. Distell's deal talks with ...
Nov 15, 2021
Peoria, IL, USA
47 °F Mist
