Category Archives:
Uber looks to boost digital ad revenue with new advertising division
(Reuters) - Uber Technologies Inc has launched a new advertising division as the ride-hailing firm looks to diversify its revenue sources through tie-ups with brands and marketers. With a reach of 122...
Oct 19, 2022
Canada’s inflation beat boosts chances for 75-bp rate hike
By Julie Gordon OTTAWA (Reuters) - Canada's annual inflation rate slowed slightly but exceeded forecasts in September, while underlying price pressures proved sticky, official data showed on Wednesday...
Oct 19, 2022
U.S. housing starts fall in September; building permits rise
(Reuters) - U.S. homebuilding fell more than expected in September, led by a 13.1% decline in multi-unit projects, according to Census Bureau data released on Wednesday. Housing starts dropped 8.1% to...
Oct 19, 2022
Germany to spend 6.3 billion euros on push for electric car charging points
By Markus Wacket and Ilona Wissenbach BERLIN/FRANKFURT (Reuters) - The German government approved a plan on Wednesday to spend 6.3 billion euros ($6.1 billion) over three years to rapidly scale up the...
Oct 19, 2022
Investor Elliott has taken stake in Germany’s Fresenius -Bloomberg
FRANKFURT (Reuters) - Elliott Investment Management has taken a stake in Fresenius SE, seeking to potentially break up the diversified healthcare company, Bloomberg cited people familiar with the matt...
Oct 19, 2022
Brazil’s Nubank to introduce cryptocurrency as part of rewards program
SAO PAULO (Reuters) - Brazil's Nubank on Wednesday announced plans to release its own cryptocurrency as part of a new customer rewards program. Warren Buffett-backed Nubank said in a statement the Nuc...
Oct 19, 2022
JPMorgan names Qian as Southeast Asia equity capital markets chief
SINGAPORE (Reuters) - JPMorgan has appointed Sophie Qian as the head of its Equity Capital Markets (ECM) team for Southeast Asia, according to a memo seen by Reuters and confirmed by the U.S. bank. Qi...
Oct 19, 2022
Saudi MBC Group signs deals with Turkish production companies as diplomatic ties thaw
RIYADH (Reuters) - Saudi-owned MBC Group, the Middle East's largest broadcaster, said on Wednesday it had signed a five-year partnership with two Turkish production houses, signalling an end to an uno...
Oct 19, 2022
Former Celsius exec joins JPMorgan as director of crypto regulatory policy
(Reuters) - Former Celsius executive Aaron Iovine has joined JPMorgan Chase & Co as executive director of digital assets regulatory policy, according to his LinkedIn profile, days after the bank's Chi...
Oct 19, 2022
Abbott raises 2022 profit forecast for second time
(Reuters) -Abbott Laboratories on Wednesday raised its annual earnings forecast for the second time, citing strong demand for medical devices and pharmaceutical products. Shares of the company rose ne...
Oct 19, 2022
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