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Soros ‘supportive’ of expected Democrat plan to tax billionaire unrealized gains – spokesperson
By David Randall NEW YORK (Reuters) - Billionaire George Soros is "supportive" of the expected plan by U.S. Democrats to tax unrealized gains held by the country's roughly 700 billionaires, his spokes...
Oct 25, 2021
Rocket startup ABL Space Systems valued at $2.4 billion after latest funding
(Reuters) - ABL Space Systems, a maker of low-cost small satellite launch vehicles, said on Monday it had secured a valuation of $2.4 billion after raising $200 million in fresh capital in a funding r...
Oct 25, 2021
Exclusive-U.S. Treasury names former JP Morgan executive as racial equity czar
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen has named Janis Bowdler, a Latina activist and former head of the philanthropic arm of JP Morgan Chase, as the first-ever counselor for raci...
Oct 25, 2021
European stocks end flat as industrial losses offset commodity gains
By Anisha Sircar and Ambar Warrick (Reuters) -European stocks closed flat on Monday, as gains in banks and commodity-linked sectors were offset by losses in industrial stocks on rising bond yields, an...
Oct 25, 2021
Michelin’s third-quarter sales beat expectations
PARIS (Reuters) - French tyre maker Michelin reported better-than expected third quarter sales on Monday, thanks to sustained demand from truck makers and its specialty businesses. The group, which ma...
Oct 25, 2021
U.S. Treasury says distributed nearly $2.8 billion in rental aid in September
WASHINGTON (Reuters) - State and local governments distributed nearly $2.8 billion in Emergency Rental Assistance program funds in September, up from about $2.6 billion in August and bringing the year...
Oct 25, 2021
Amazon bulks up shipping capacity to battle holiday season snarls
(Reuters) - Amazon.com Inc said on Monday it had doubled its container processing capacity and secured more shipping storage from ocean freight carriers to try to overcome supply chain bottlenecks in ...
Oct 25, 2021
Activist investor apologizes for breaching settlement agreement with Goedeker
(Reuters) - An activist investor who tried to take control of the board at online appliance retailer 1847 Goedeker Inc a few months ago made a rare public apology for having ignored a settlement agree...
Oct 25, 2021
Nigeria launches eNaira amid hope, scepticism – and plenty of uncertainty
By Libby George LAGOS (Reuters) - Nigeria on Monday became the first African nation to launch a digital currency - the eNaira - a move its leaders said will expand access to banking, enable more remit...
Oct 25, 2021
Mastercard expands cryptocurrency services with wallets, loyalty rewards
(Reuters) - Mastercard Inc said on Monday it would allow partners on its network to enable their consumers to buy, sell and hold cryptocurrency using a digital wallet, as well as reward them with digi...
Oct 25, 2021
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