Category Archives:
Analysis-This might hurt: tectonic plates of global economy shift
By Mark John LONDON (Reuters) - When the Shannon family announced the closure of their garden centre just off London's busy South Circular road after 33 years of trading this month, their message to c...
Sep 12, 2022
GE Healthcare to be spun off by January 2023
(Reuters) -General Electric said on Monday it was expecting to complete the spinoff of its healthcare business by the first week of January 2023, subject to final approval from the company's board. La...
Sep 12, 2022
Ethereum blockchain to undergo major upgrade to cut energy use
By Elizabeth Howcroft LONDON (Reuters) - A long-awaited software upgrade to the Ethereum blockchain aimed at slashing its huge energy consumption is expected this week, a move proponents say may widen...
Sep 12, 2022
Twitter responds to Musk’s letter, says it did not breach deal obligations
(Reuters) - Twitter Inc said on Monday payments made to a whistleblower did not breach any conditions of its $44 billion buyout by Elon Musk, after the world's richest man cited the move as another re...
Sep 12, 2022
Explainer-The G7’s price cap on Russian oil begins to take shape
By Timothy Gardner WASHINGTON (Reuters) - The Group of Seven countries is working to cap the price of Russian oil in an attempt to limit Moscow's ability to fund its invasion of Ukraine, a plan analys...
Sep 12, 2022
Gusher of pandemic aid averted global depression, but left a bad hangover
By Howard Schneider WASHINGTON (Reuters) - Economists around the world, from the most liberal free-spenders to fiscal conservative deficit hawks, largely agreed the coronavirus pandemic required a go-...
Sep 12, 2022
Nikola founder Trevor Milton’s U.S. trial to begin with jury selection
NEW YORK (Reuters) - The U.S. fraud trial of Trevor Milton, the founder and former chief executive of Nikola Corp who prosecutors accuse of lying to investors about the electric- and hydrogen-powered ...
Sep 12, 2022
U.S. abortion clinic moves up the street to escape one state’s ban
By Gabriella Borter BRISTOL, Va. (Reuters) - The women's health clinic in Bristol, Tennessee, had a seemingly simple solution to continue providing abortions after its home state banned the procedure ...
Sep 12, 2022
Bank of America enlists thousands of employees for wealth lending group
By Lananh Nguyen NEW YORK (Reuters) - Bank of America Corp created a new group in its global wealth and investment management division to focus on lending to rich clients, the company told Reuters on ...
Sep 12, 2022
Explainer-Why the U.S. SEC is looking to reform the Treasury market
By Michelle Price WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission (SEC) is scheduled on Wednesday to propose draft rules to boost the resilience of the $23 trillion Treasury market,...
Sep 12, 2022
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