Category Archives:
In Tunis bazaar, traders say economic woes set stage for crisis
By Jihed Abidellaoui TUNIS (Reuters) - In the tourist bazaar in the Old City of Tunis, embroidered scarves, clay pots and ornaments spill out from store fronts into the narrow alleyways. But few peopl...
Jul 28, 2021
Battery recycling firm Redwood raises $700 million from big fund managers
By Paul Lienert (Reuters) -Battery recycling startup Redwood Materials has raised $700 million from a group of high-profile fund managers, including T. Rowe Price, Baillie Gifford and Fidelity, the co...
Jul 28, 2021
U.S. auto sales pace to weaken further in July - J.D. Power, LMC Automotive
(Reuters) - Growth in U.S. new vehicle retail sales is expected to slow down further in July because of a limited supply of automobiles caused by a global semiconductor shortage, consultants J.D. Powe...
Jul 28, 2021
Sony's PS5 outstrips predecessor with 10 million units sold since Nov launch
By Sam Nussey TOKYO (Reuters) - Sony Group Corp said on Wednesday its PlayStation 5 (PS5) gaming console has sold more than 10 million units since launching last November, outstripping sales of its pr...
Jul 28, 2021
Canada's annual inflation rate dips to 3.1% in June
OTTAWA (Reuters) -Canada's annual inflation rate in June dipped to 3.1% from a year-over-year increase of 3.6% in May, in part due to downward pressure from the prices of clothing and vegetables, Stat...
Jul 28, 2021
Coach owner Tapestry set to raise minimum wage to $15 an hour
(Reuters) - Coach handbag maker Tapestry Inc said on Wednesday it is raising the minimum wage for U.S. employees to $15 per hour starting in September, the latest company to push incentives to lure pe...
Jul 28, 2021
Analysis-Apple, AMD navigate chip shortage with focus on profitable products
By Stephen Nellis and Subrat Patnaik (Reuters) - The global chip shortage has grounded major automotive factories to a halt but pushed technology giants to become more flexible by diverting existing s...
Jul 28, 2021
EV charging firm Allego to go public via Apollo-backed blank-check deal
(Reuters) -European electric vehicle charging company Allego will go public through a merger with a blank-check firm backed by private equity giant Apollo Global Inc, in a deal valuing the equity of t...
Jul 28, 2021
Biden condemns anti-Semitism after swastika found at State Department
WASHINGTON (Reuters) - U.S. President Joe Biden spoke out against anti-Semitism after officials said that a swastika had been found carved into the wall of a U.S. State Department elevator. "Let me be...
Jul 28, 2021
Vodafone and Unisys team up to boost IT services in digitalisation bet
MADRID (Reuters) - British telecom operator Vodafone said on Wednesday it had partnered with information technology firm Unisys to launch 'Vodafone Digital Factory' to boost its range of IT services a...
Jul 28, 2021
Peoria, IL, USA
38 °F Partly cloudy
