Category Archives:
Volkswagen invests in EU-backed energy transformation fund
By Christoph Steitz FRANKFURT (Reuters) - Volkswagen is expanding its green strategy by investing in an EU-backed fund to jointly back technology firms in the field of energy transformation. The carma...
Syndicated Content Nov 03, 2021
Credit Suisse to tighten the reins after string of scandals
By Oliver Hirt, Pamela Barbaglia and John O'Donnell ZURICH/FRANKFURT (Reuters) - Credit Suisse will unveil a new centralised structure on Thursday in an attempt to bring its far-flung divisions to hee...
Syndicated Content Nov 03, 2021
Lufthansa jumps back to profit as travel restrictions ease
BERLIN (Reuters) - Germany's Lufthansa posted a return to operating profit in the third quarter on Thursday for the first time since the beginning of the pandemic, boosted by the easing of COVID-19 tr...
Syndicated Content Nov 03, 2021
NRA sued for allegedly violating campaign finance laws
By Kanishka Singh (Reuters) - Gun control advocacy group Giffords sued the National Rifle Association on Tuesday for allegedly violating campaign finance laws since 2014. The powerful gun lobby made a...
Syndicated Content Nov 03, 2021
Tencent has long-term plan for chip development, investment
SHANGHAI (Reuters) - China's tech giant Tencent Holdings has a long-term chip development and investment plan, the head of its cloud and smart industry group was quoted as saying on Wednesday. Tang Da...
Syndicated Content Nov 03, 2021
Analysis: Biden’s struggles, education wars propel Youngkin’s Virginia victory
By James Oliphant WASHINGTON (Reuters) - Republican Glenn Youngkin's upset victory in the Virginia governor race is likely to embolden and energize Republicans ahead of next year's crucial midterm ele...
Syndicated Content Nov 03, 2021
With bond-buying ‘taper’ in the bag, Fed turns a wary eye to inflation
By Howard Schneider WASHINGTON (Reuters) - The Federal Reserve on Wednesday is expected to detail plans to end its pandemic-era bond purchases by mid-2022 as policymakers shift their focus towards wha...
Syndicated Content Nov 03, 2021
Republican Youngkin’s win in Virginia plots party’s path for 2022 elections
By Jason Lange WASHINGTON (Reuters) - Republican Glenn Youngkin's victory in the Virginia governor's election on Wednesday could provide his party with a blueprint on how to retake majorities in Congr...
Syndicated Content Nov 03, 2021
2014 vs 2021: How a Fed taper can move asset prices
By Ira Iosebashvili and Saqib Iqbal Ahmed (Reuters) - The Federal Reserve's taper in 2014 was preceded by sharp gyrations in Treasury markets and helped lay the foundations for a massive rally in the ...
Syndicated Content Nov 03, 2021
Egypt PMI edges down in Oct as global bottlenecks cut into output
CAIRO (Reuters) - Egyptian activity in the non-petroleum private sector contracted for an 11th month in October as international supply chain bottlenecks slowed production and weighed on future output...
Syndicated Content Nov 02, 2021
Peoria, IL, USA
43 °F Thunderstorm In Vicinity, Light Rain, Mist
