Category Archives:
NortonLifeLock creates cyber leader with $8.6 billion Avast deal
By Paul Sandle and Krystal Hu LONDON/NEW YORK (Reuters) -U.S. cybersecurity company NortonLifeLock Inc has agreed to buy London-listed rival Avast Plc for up to $8.6 billion in cash and shares to crea...
Aug 11, 2021
Analysis-China regulatory storm tests nerves, limits of top-down policy
By Andrew Galbraith SHANGHAI (Reuters) - The regulatory storm that washed billions from Chinese corporate valuations in the name of curbing excesses exposes not only the policy risk under President Xi...
Aug 11, 2021
Hawaii to reimpose COVID-19 restrictions as Delta variant surges
(Reuters) - Hawaii will re-impose COVID-19 restrictions limiting social gatherings to avert straining the state's healthcare, Governor David Ige said on Tuesday, as the rapid spread of the Delta varia...
Aug 11, 2021
French retailer Carrefour to launch $1.9 billion sale of Taiwan business -sources
By Kane Wu HONG KONG (Reuters) - French retailer Carrefour is planning to launch a sale of its Taiwan business, which is valued at around 1.6 billion euros ($1.9 billion) in the coming weeks, three pe...
Aug 11, 2021
Exclusive-Great Wall Motor to shift some India investment to Brazil after approval delays -sources
By Aditi Shah and Yilei Sun NEW DELHI/BEIJING (Reuters) - Great Wall Motor has decided to re-allocate to Brazil a portion of its $1-billion investment in India, as the Chinese automaker has been unner...
Aug 11, 2021
Democrats’ $3.5 trillion budget plan passes U.S. Senate vote
WASHINGTON (Reuters) - The U.S. Senate on Wednesday passed a $3.5 trillion budget plan that would help address climate change and launch several new domestic social programs, as Democrats united behin...
Aug 11, 2021
China auto sales tumble for a third straight month in July
BEIJING (Reuters) - China's vehicle sales slid in July for a third consecutive month, hit hard by flooding in some areas of the country, COVID-19 outbreaks in other areas and the global shortage of se...
Aug 11, 2021
Marketmind – The price of U.S. recovery
A look at the day ahead from Dhara Ranasinghe. One way or another, Wednesday's U.S. July inflation print could prove key for markets torn between strong data that suggests the time for withdrawing sti...
Aug 11, 2021
Chip shortage prompts production halt at Volvo Cars in Gothenburg
STOCKHOLM (Reuters) - Volvo Cars, owned by China's Geely Holding, will temporarily stop production at its Swedish plant in Gothenburg due to the shortage of semiconductor chips, it said on Wednesday. ...
Aug 11, 2021
DeFi platform Poly Network reports hacking, loses estimated $600 million
HONG KONG (Reuters) - Poly Network, a decentralised finance platform, said it was hacked on Tuesday, losing an estimated $600 million according to reports of funds held in complicit wallets. The hack ...
Aug 11, 2021
Peoria, IL, USA
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