Category Archives:
Ford battery venture with SK Innovation will extend into Europe – Ford exec
By Ben Klayman DETROIT (Reuters) - Ford Motor Co's electric vehicle battery joint venture with South Korea's SK Innovation Co Ltd will extend beyond North America into Europe, a senior Ford executive ...
Aug 11, 2021
Timeline: Key events in Huawei CFO Meng Wanzhou’s extradition case
By Moira Warburton VANCOUVER (Reuters) - Canada's Prime Minister Justin Trudeau said a Chinese court's sentencing of Canadian businessman Michael Spavor to 11 years in prison for espionage on Wednesda...
Aug 11, 2021
Picasso’s leaving Las Vegas for auction block
(Reuters) - Some 11 Picasso paintings and works by the Spanish artist are going up for auction in October as casino and hotel group MGM Resorts seeks to further diversify its vast art collection. The ...
Aug 11, 2021
Citigroup tries hand as matchmaker for U.S. small businesses and local banks
By David Henry (Reuters) - Citigroup Inc is launching a pilot service to digitally match U.S. small- and medium-sized businesses with local and regional banks willing to lend them up to $10 million. C...
Aug 11, 2021
U.S. calls on OPEC and its allies to increase oil production
By Trevor Hunnicutt (Reuters) -President Joe Biden's top aides are pressuring OPEC and its oil-producing allies to boost production in an effort to combat climbing gasoline prices that they see as a t...
Aug 11, 2021
Biden to meet with United Airlines CEO, others on COVID vaccine efforts
WASHINGTON (Reuters) -U.S. President Joe Biden on Wednesday will meet with the chief executives of United Airlines, Kaiser Permanente and others as part of a COVID-19 meeting aimed at finding ways to ...
Aug 11, 2021
Air taxi maker Archer seeks $1 billion in damages from Boeing-backed rival
By Tracy Rucinski CHICAGO (Reuters) - Flying taxi developer Archer Aviation is seeking $1 billion in damages from Wisk Aero, a rival backed by Boeing and Google co-founder Larry Page's Kitty Hawk Corp...
Aug 11, 2021
U.S. consumer price increases slowed in July, inflation still high
WASHINGTON (Reuters) - U.S. consumer price increases slowed in July but inflation overall remained historically high amid continued supply-chain disruptions and stronger demand for travel-related serv...
Aug 11, 2021
Mubadala, BlackRock form partnership across private equity funds
(Reuters) - A consortium led by BlackRock, the world's largest asset manager, has invested in assets managed by Abu Dhabi state fund Mubadala and in a private equity fund, Mubadala said on Wednesday. ...
Aug 11, 2021
Exclusive-Fed’s Barkin: U.S. “closing in” on taper, but could still take a few months
By Howard Schneider ASHEVILLE, N.C. (Reuters) - It may take a few months more for the U.S. job market to recover enough that the Federal Reserve can reduce its crisis-era support for the economy, acco...
Aug 11, 2021
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