Category Archives:
Brazil’s central bank to limit prepaid card interchange fee in setback for fintechs
BRASILIA (Reuters) - Brazil's central bank on Monday said it would set a 0.7% limit for interchange fees for prepaid cards, which are offered by fintechs in free digital accounts, in a setback for the...
Sep 26, 2022
AMC hires Citigroup as underwriter for preferred shares
(Reuters) - AMC Entertainment Holdings Inc said on Monday it had hired Citigroup as an underwriter to help it sell up to 425 million units of its preferred stock, APE. The theater-chain, however, warn...
Sep 26, 2022
Philippines to shut 175 offshore gambling firms, deport 40,000 Chinese workers
MANILA (Reuters) - The Philippines will stop operations of 175 offshore gambling firms and deport about 40,000 Chinese workers, a justice ministry official said on Monday, part of a crackdown on the n...
Sep 26, 2022
Sterling options volatility soars to highest since Brexit vote
LONDON (Reuters) - Sterling volatility surged on Monday to its highest since the fallout from the Brexit referendum in mid-2016, after the British government's fiscal plan alarmed investors and sent t...
Sep 26, 2022
Faraday Future reaches agreement with shareholder, Chairperson Swenson to step down
(Reuters) - Faraday Future Intelligent Electric Inc said on Monday the electric-vehicle startup had reached an agreement with its largest shareholder to resolve a governance dispute, adding that Sue S...
Sep 26, 2022
BMW sees slight growth in 2023, cuts Germany gas intake by 15%
BERLIN (Reuters) - BMW expects to reach the higher end of its 7-9% margin target for the cars business and sees slight sales growth in 2023, chief financial officer (CFO) Nicolas Peter said in a round...
Sep 26, 2022
Continental finds hose testing lapses, halts relevant sales
BERLIN (Reuters) - German tyre and automotive parts maker Continental on Monday reported shortcomings in the testing of industrial hoses at its ContiTech site in Korbach in the state of Hesse. There w...
Sep 26, 2022
Siemens automates design process for testing new chips with advanced packaging
(Reuters) - Siemens Digital Industries Software, a unit of Siemens AG, on Monday said it launched new software called Tessent Multi-die that automates a design process for testing chips made with adva...
Sep 26, 2022
Skydiving keeps 88-year-old Bosnian in the pink
BIHAC, Bosnia (Reuters) - Bosnian Ibrahim Kalesic is living proof that extreme sports are not always a young man's game - at the age of 88 he keeps fit by regularly jumping out of aeroplanes. "It's an...
Sep 26, 2022
U.S. announces $457.5 million civilian aid for Ukraine
WASHINGTON (Reuters) -The United States will provide $457.5 million in new civilian security aid for Ukraine, a portion of which will be used to support the government's investigation of atrocities, S...
Sep 26, 2022
Peoria, IL, USA
79 °F Partly cloudy
