Category Archives:
After Facebook change, Big Tech’s FAANG considers toothless MAANG
By Medha Singh and Ambar Warrick (Reuters) - MAANG? MANGA? Or MAMATA? Facebook's rebranding to Meta Platforms has launched a search for a new name for the high-flying FAANG group that also includes Ap...
Oct 29, 2021
U.S. issues new Iran-related sanctions -Treasury website
WASHINGTON (Reuters) - The United States has issued a fresh round of Iran-related sanctions targeting four individuals and two entities linked to Tehran's Islamic Revolutionary Guard Corps, a notice p...
Oct 29, 2021
China’s top airlines post wider losses on COVID-19 resurgence
By Stella Qiu and Jamie Freed BEIJING/SYDNEY (Reuters) - China's three biggest airlines on Friday posted wider third-quarter losses than in the previous quarter as a resurgence of local COVID-19 cases...
Oct 29, 2021
Big oil says up to governments at climate talks to rein in demand
LONDON (Reuters) - Leaders of Europe's biggest oil and gas companies said political leaders attending U.N. climate talks that start this week must make carbon markets more effective and that only gove...
Oct 29, 2021
U.S. asks transit agencies to conduct inspections after Washington subway derailment
WASHINGTON (Reuters) - The Federal Transit Administration (FTA) said Friday it had asked U.S. transit agencies to conduct fleet-wide inspections of wheel gauges on rail cars following the Oct. 12 dera...
Oct 29, 2021
WeWork gets $150 million investment from real estate services firm Cushman & Wakefield
(Reuters) - Real estate services company Cushman & Wakefield said on Friday it had invested $150 million in WeWork Inc, days after the office-sharing firm started trading on the New York Stock Exchang...
Oct 29, 2021
Tencent’s $1.3 billion Sumo deal comes under U.S. security probe
(Reuters) -A U.S. national security panel is investigating Tencent Holdings' $1.27 billion takeover of Sumo Group, the British videogame maker said on Friday, in a possible setback to the Chinese inte...
Oct 29, 2021
U.S. labor costs power ahead in third quarter as wage surge
WASHINGTON (Reuters) - U.S. labor costs increased by the most since 2001 as companies boosted wages and benefits amid a severe worker shortage, suggesting inflation could remain high for sometime. The...
Oct 29, 2021
Russia needs higher interest rates to rein in inflation: Reuters poll
By Andrey Ostroukh MOSCOW (Reuters) - Russia will need to raise interest rates further this year to their highest since 2017 and keep them at that level for several months as inflation shows little si...
Oct 29, 2021
Chinese electric vehicle maker BYD launches $1.8 billion capital raising -term sheet
HONG KONG (Reuters) - Chinese electric vehicle company BYD Co is raising up to $1.8 billion in a capital raising launched on Friday, a term sheet seen by Reuters showed. A price range to sell 50 milli...
Oct 29, 2021
Peoria, IL, USA
51 °F Thunderstorm In Vicinity, Mist
