Category Archives:
Big Tobacco faces big EU counterfeit problem
By Richa Naidu, Emma Pinedo and Emilio Parodi MADRID (Reuters) - Spanish police raided three clandestine tobacco factories early this year, seizing nearly 40 million euros ($44 million) worth of tobac...
Jun 01, 2023
China AI startup MiniMax raising over $250 million from Tencent-backed entity, others – sources
By Roxanne Liu and Josh Ye BEIJING/HONG KONG (Reuters) - Chinese startup MiniMax, working on AI solutions similar to that of Microsoft-backed OpenAI's ChatGPT, is close to completing a fundraising of ...
May 31, 2023
China encourages Arm to deepen cooperation with its research institutions, companies
BEIJING (Reuters) - China Vice Minister of Science and Technology Zhang Guangjun encouraged Softbank-owned British chip technology firm Arm to deepen its cooperation with Chinese research institutions...
May 31, 2023
Analysis-US corporate debt binge could be hard to sustain
By Shankar Ramakrishnan, Matt Tracy and Laura Matthews NEW YORK (Reuters) - Large U.S. companies have been on a bond issuance binge but this rapid pace in supply may be hard to sustain ahead of expect...
May 31, 2023
Shooter wanted following late Tuesday fight
PEORIA, Ill. – Peoria Police say they want your help as they are still looking for someone who allegedly shot a man in Central Peoria late Tuesday night. Police say it happened just before midni...
May 31, 2023
IMF urges BOJ to keep ultra-low rates, but be ready to shift course
By Leika Kihara TOKYO (Reuters) - The Bank of Japan must keep monetary policy ultra-loose as it will take time to re-anchor inflation expectations to its 2% target, International Monetary Fund's chief...
May 31, 2023
Man, suspected of South Peoria shooting, arrested
PEORIA, Ill. – A Peoria man didn’t injure anyone, but he was arrested at his South Peoria home for allegedly shooting outside it. Peoria Police say James Ogle, 44, remains jailed on charge...
May 31, 2023
Asia stocks gain as Fed hike bets recede, debt vote eases nerves
By Kevin Buckland TOKYO (Reuters) - Most Asia-Pacific stock markets rose on Thursday amid receding bets for a U.S. rate hike this month and relief over the passage of the U.S. debt ceiling bill throug...
May 31, 2023
Asia’s factories struggle for momentum amid patchy recovery
By Leika Kihara TOKYO (Reuters) - Factories in Asia's largest economies stepped up a gear in May as supply chain problems eased, business surveys showed on Thursday, but sluggish global demand remaine...
May 31, 2023
McCarthy’s moment: Debt ceiling win secures Republican US House speaker’s standing
By David Morgan WASHINGTON (Reuters) - Kevin McCarthy earned his stripes as Republican speaker of the U.S. House of Representatives on Wednesday, navigating fierce hardline opposition to pass a debt c...
May 31, 2023
Peoria, IL, USA
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