Category Archives:
German ‘insurtech’ Wefox valued at $4.5 billion after latest fund raising
MUNICH (Reuters) - Digital insurance startup Wefox said on Tuesday it had raised $400 million from investors, valuing the "insurtech" business at $4.5 billion. Abu Dhabi state investor Mubadala Invest...
Jul 11, 2022
Taiwan ‘happy’ to see chip investment in EU, wants deeper ties
By Jeanny Kao and Ben Blanchard TAIPEI (Reuters) - Taiwan would be "happy" to see its chip firms invest in the European Union but deeper ties with the bloc akin to Taipei's relations with Washington c...
Jul 11, 2022
Primatologist Jane Goodall gets Barbie doll in her likeness
By Marie-Louise Gumuchian LONDON (Reuters) - British primatologist Jane Goodall has got a Barbie in her likeness, fulfilling a longtime wish of having her own doll to inspire young girls. Mattel Inc u...
Jul 11, 2022
Rocket booster bursts into flames at SpaceX plant during test firing
(Reuters) - A booster rocket developed by Elon Musk's SpaceX for its next-generation Starship spacecraft burst into flames during a ground-test firing on Monday in Texas, dealing a likely setback to M...
Jul 11, 2022
India’s high inflation to stick for longer, rates to rise more – Reuters poll
By Arsh Tushar Mogre and Devayani Sathyan BENGALURU (Reuters) - India's inflation will hold above the top of the central bank's tolerance band for at least the rest of 2022, longer than previously tho...
Jul 11, 2022
U.S. envoy sees ‘consequential shift’ in NATO, Asia ties amid China challenges
By Hyonhee Shin SEOUL (Reuters) - The recent attendance by four Asia Pacific leaders at the NATO summit reflects a "consequential shift" in the U.S. transatlantic security partnership which Washington...
Jul 11, 2022
US Treasury Secretary Yellen met Japan’s top central banker – Treasury
TOKYO (Reuters) - U.S. Treasury Secretary Janet Yellen met with Bank of Japan Governor Haruhiko Kuroda on Tuesday, the Treasury Department said, as both countries grapple with mounting economic challe...
Jul 11, 2022
Asian stocks at lowest in two years, euro near par with dollar on growth fears
By Xie Yu HONG KONG (Reuters) - Asian shares fell on Tuesday, weighed down by the prospect of further monetary policy tightening by central banks, China's renewed COVID outbreak and Europe's energy sh...
Jul 11, 2022
Failure to implement Russian oil price cap could jack up oil prices – U.S. official
By Andrea Shalal TOKYO (Reuters) - The global price of oil could surge by 40% to around $140 per barrel if a proposed price cap on Russian oil is not adopted, along with sanction exemptions that would...
Jul 11, 2022
China aims to build 461,000 kilometres of national highway by 2035 – state planner
BEIJING (Reuters) - China aims to build a total of 461,000 kilometres (286,452 miles) of national highway by 2035, compared with 382,000 kilometres by the end of 2021, the state planner said on Tuesda...
Jul 11, 2022
Peoria, IL, USA
40 °F Heavy Rain, Mist
