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Monte dei Paschi prepares to close 50 branches – letter to unions
MILAN (Reuters) -Monte dei Paschi di Siena is preparing to close 50 branches in line with commitments taken with European Union authorities under its restructuring plan through 2021, according to a co...
Syndicated Content Sep 15, 2021
Volvo Cars gears up for $20 billion IPO in coming weeks, sources say
By Helena Soderpalm, Arno Schuetze and Abhinav Ramnarayan STOCKHOLM (Reuters) - China's Geely Holding is in advanced discussions with banks to list its Volvo Cars unit in the coming weeks, three sourc...
Syndicated Content Sep 15, 2021
EV maker Xpeng could consider acquisitions to expand capacity
DETROIT (Reuters) - Chinese electric vehicle maker Xpeng Inc would consider acquiring less successful rivals to expand production capacity in the future, company President Brian Gu told reporters duri...
Syndicated Content Sep 15, 2021
South Carolina lawyer plotted own shooting in $10 million insurance scheme – police
(Reuters) - A prominent South Carolina attorney whose wife and son were murdered in June conspired with a man to shoot him to death so that a surviving son could collect a $10 million insurance payout...
Syndicated Content Sep 15, 2021
Largest U.S. biofuels producer pledges carbon neutrality by 2050
By Stephanie Kelly NEW YORK (Reuters) - POET, the largest biofuels producer in the United States, said on Wednesday it is committed to achieving net-zero carbon emissions at its bioprocessing faciliti...
Syndicated Content Sep 15, 2021
UK COVID-19 business insurance payouts top one billion pounds -watchdog
LONDON (Reuters) - Small companies in Britain, which demanded that their insurers cover claims for losses accrued during the COVID-19 pandemic, have received more than one billion pounds ($1.4 billion...
Syndicated Content Sep 15, 2021
Fading retail demand for U.S. stocks could hit S&P 500 – Vanda
(Reuters) - Retail investors' appetite for U.S. stocks has fallen in the past week, data from Vanda Research showed on Wednesday, increasing the odds for a broader sell-off in the S&P 500 at a time wh...
Syndicated Content Sep 15, 2021
Biden to announce alliance with Britain, Australia on tech, cyber, defense -Politico
WASHINGTON (Reuters) - U.S. President Joe Biden on Wednesday plans to announce a plan to share advanced technologies in a working group with Britain and Australia, Politico reported, in a possible mov...
Syndicated Content Sep 15, 2021
Biden to meet with Manchin, Sinema to discuss U.S. $3.5 trillion spending bill
WASHINGTON (Reuters) -President Joe Biden will meet separately with moderate Democratic U.S. senators Joe Manchin and Kyrsten Sinema on Wednesday to discuss Democratic-backed domestic spending legisla...
Syndicated Content Sep 15, 2021
Running out of dollars, Afghan banks ask Taliban for more cash
By John O'Donnell and Rupam Jain FRANKFURT/MUMBAI (Reuters) - Afghanistan's banks are running out of dollars, and may have to close their doors to customers unless the Taliban government releases fund...
Syndicated Content Sep 15, 2021
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