Category Archives:
Egyptian startup Blnk raises $32 million in funding round
By Mahmoud Salama CAIRO (Reuters) - Blnk, a fintech platform that enables instant consumer credit in Egypt, has closed one of the country's biggest funding rounds for a startup this year, raising $32 ...
Nov 10, 2022
Italy to present new package to support economy, energy security
By Giuseppe Fonte and Gavin Jones ROME (Reuters) - Italy will approve a package of measures worth more than 9 billion euros ($8.96 billion) on Thursday to lower energy prices, increase gas output and ...
Nov 10, 2022
Indian Oil offers first diesel export since mid-Sept – sources
SINGAPORE (Reuters) - Indian Oil Corp has offered one diesel cargo to be loaded in early December, its first export in almost three months, three sources who reviewed the tender document said on Thurs...
Nov 10, 2022
Chinese EV maker Nio posts bigger quarterly loss, sees higher deliveries
(Reuters) -Chinese electric automaker Nio Inc on Thursday reported a bigger quarterly loss due to a jump in costs, and said it expects deliveries to almost double in the current quarter. Most Chinese ...
Nov 10, 2022
China year-end export bounce in doubt as global demand falters
By Ellen Zhang and Ryan Woo BEIJING (Reuters) - China's usual year-end export surge is in doubt as weak global demand dims a rare bright spot for the world's second-biggest economy, already hurt by CO...
Nov 10, 2022
Russian carmaker Sollers to buy out Mazda’s stake in Vladivostok joint venture
(Reuters) - Russian carmaker Sollers will buy out Japanese automaker Mazda's 50% stake in their car assembly joint venture in Vladivostok, Sollers said on Thursday. "We are preparing to restart the pl...
Nov 10, 2022
Growth of Italian bank lending to firms slows down in September
MILAN (Reuters) - The growth of Italian bank lending to businesses slowed down in September, data from the Bank of Italy showed on Thursday. A monthly report on the balance sheets of domestic banks sh...
Nov 10, 2022
Mazda says demand is strong but expects slowdown in U.S. from next spring
TOKYO (Reuters) - Vehicle demand in the United States is strong for the rest of the year but its economy is expected to slow after the spring as interest rates rise, Japan's Mazda Motor Corp executive...
Nov 10, 2022
King dollar commands surge in remittances
By Harish Sridharan (Reuters) - Seafarer Jhan Kharl Rodica recently returned home to Manila after an eight-month voyage and bought a townhouse outside the city, courtesy in part, he said, of the U.S. ...
Nov 10, 2022
Musk’s first email to Twitter staff ends remote work -Bloomberg
(Reuters) - Twitter-owner Elon Musk said in an email to employees that remote work would no longer be allowed and that they would be expected to be in office for at least 40 hours per week, Bloomberg ...
Nov 10, 2022
Peoria, IL, USA
42 °F Partly cloudy
