Category Archives:
Factbox-Possible successors to Volkswagen CEO Diess
FRANKFURT (Reuters) - Volkswagen's four-member mediation committee is planning to discuss soon the future of CEO Herbert Diess, who has once again clashed with powerful labour representatives, people ...
Syndicated Content Nov 08, 2021
Activist investor Third Point builds stake in Richemont – report
By Silke Koltrowitz ZURICH (Reuters) - Activist hedge fund Third Point has built a stake in Richemont, media reported on Sunday, a development likely to put the luxury goods group's capital structure ...
Syndicated Content Nov 08, 2021
U.S. House to hopefully vote on spending bill next week -White House
WASHINGTON (Reuters) - White House economic adviser Brian Deese on Monday said he expects lawmakers to work through issues with Democrats' social spending bill this week and vote on the measure in the...
Syndicated Content Nov 08, 2021
German retailers optimistic about Christmas sales
BERLIN (Reuters) - German retailers are expecting Christmas sales to rise 2% to 111.7 billion euros ($129.06 billion) despite inflation, delivery problems and a new wave of coronavirus infections, the...
Syndicated Content Nov 08, 2021
Toshiba considering split into three companies to resolve conglomerate discount
TOKYO (Reuters) - Toshiba Corp is considering splitting itself into three companies focusing on infrastructure, devices and semiconductors as a way to resolve its conglomerate discount, a spokesperson...
Syndicated Content Nov 08, 2021
Citigroup flags up to $1.5 billion charge from South Korea retail banking exit
(Reuters) -Citigroup Inc said on Monday it expects to take a charge of nearly $1.2 billion to $1.5 billion related to the closure of its consumer banking business in South Korea. The bank had said in ...
Syndicated Content Nov 08, 2021
Russia fines Google again over banned content
MOSCOW (Reuters) - A Moscow court on Monday fined Alphabet Inc.'s Google 2 million roubles ($28,085) for not deleting content that Russia deems illegal, part of a wider dispute between Moscow and the ...
Syndicated Content Nov 08, 2021
Reactions to Musk’s poll on offloading 10% of Tesla stock
(Reuters) - Tesla Inc chief Elon Musk said on Saturday he would sell about 10% of his stake in the company, based on votes on his Twitter poll asking users of the social media network whether he shoul...
Syndicated Content Nov 08, 2021
Crunch time for British breakfast as Weetabix workers strike
LONDON (Reuters) - Britain, already reeling from a shortage of crisps, is now facing disruption to supplies of Weetabix, one of its most popular breakfast cereals, following the escalation of industri...
Syndicated Content Nov 08, 2021
Futures tick higher after Congress clears infrastructure bill; Tesla falls
By Shreyashi Sanyal (Reuters) - U.S. stock index futures edged higher on Monday as big industrial firms were supported by the passage of a $1 trillion infrastructure bill, while Tesla fell on Chief Ex...
Syndicated Content Nov 08, 2021
Peoria, IL, USA
47 °F Mist
