Category Archives:
Biden’s new China trade plan echoes Trump’s, but assumes Beijing won’t change
By David Lawder and Nandita Bose WASHINGTON (Reuters) - U.S. Trade Representative Katherine Tai on Monday will seek new talks with China over its failure to keep promises made in a "Phase 1" trade dea...
Oct 04, 2021
Audi CEO sees chip shortage as ‘perfect storm’ but will get through it
By Christoph Steitz FRANKFURT (Reuters) - Premium car brand Audi, Volkswagen's biggest profit contributor, has to troubleshoot on a day-to-day basis to tackle an ongoing shortage of auto chips, its ch...
Oct 04, 2021
S&P offers concessions in bid for EU okay for IHS Markit deal
BRUSSELS (Reuters) - Business information provider S&P Global Inc has offered concession in an attempt to secure EU antitrust approval for its $44 billion buy of IHS Markit Ltd, a European Commission ...
Oct 04, 2021
Euro zone investor morale slumps to 6-month low
BERLIN (Reuters) - Investor morale in the euro zone fell for the third month in a row in October and hit its lowest level since April on dimming economic expectations, a survey showed on Monday. Senti...
Oct 04, 2021
Sainsbury’s stock higher on hopes of interest from Morrisons loser
LONDON (Reuters) -Shares in British supermarket group Sainsbury's rose as much as 3.7% on Monday on hopes SoftBank's Fortress Investment, which lost out in the auction for Morrisons, may turn its atte...
Oct 04, 2021
ECB’s de Guindos sees structural driver in inflation rise
FRANKFURT (Reuters) - The recent rise in euro zone inflation has a structural driver in supply disruptions and the European Central Bank has to watch for any sign of second-round effects on wages, ECB...
Oct 04, 2021
OPEC+ seen keeping oil output policy unchanged, OPEC+ sources say
LONDON (Reuters) -OPEC and its allies are likely to stick to their existing agreement to add 400,000 barrels per day (bpd) of oil to the market in November, three OPEC+ sources said on Monday, amid co...
Oct 04, 2021
Lava flow thickens on La Palma after volcanic crater collapses
By Borja Suarez and Marco Trujillo LA PALMA, Spain (Reuters) - A river of red-hot lava gushing from the Cumbre Vieja volcano on Spain's La Palma thickened on Monday, after the north side of the crater...
Oct 04, 2021
Analysis: Zoom’s abandoned Five9 deal shows hurdles to expansion
By Krystal Hu, Svea Herbst-Bayliss and Echo Wang (Reuters) - Zoom Video Communications Inc's aborted $14.7 billion acquisition of call center software firm Five9 Inc has spotlighted issues that will w...
Oct 04, 2021
UK’s Sunak says he does not want more tax increases
LONDON (Reuters) - British finance minister Rishi Sunak said on Monday he and Prime Minister Boris Johnson did not want to raise taxes again after a recent increase in social security contributions to...
Oct 04, 2021
Peoria, IL, USA
51 °F Thunderstorm In Vicinity, Mist
