Category Archives:
Analysis-Google’s court setback is good news for landmark EU tech rules
By Foo Yun Chee LUXEMBOURG (Reuters) - Google's court defeat on Wednesday is set to strengthen EU antitrust regulators' hand against Big Tech as they roll out landmark rules next year to rein in their...
Syndicated Content Sep 14, 2022
Cloud communications platform Twilio to cut staff by 11%
(Reuters) - Cloud communications platform provider Twilio Inc said on Wednesday it plans to cut its staff by nearly 11% in a restructuring effort. (Reporting by Tiyashi Datta in Bengaluru;l; Editing b...
Syndicated Content Sep 14, 2022
Canada July factory sales drop 0.9% on metals, petroleum
(Reuters) - Canadian factory sales fell 0.9% in July from June, mainly due to decreases in primary metal industries and petroleum and coal products, Statistics Canada said on Wednesday. It was the thi...
Syndicated Content Sep 14, 2022
Security systems maker Verkada valued at $3.2 billion after Sequoia-backed funding
(Reuters) - Security software company Verkada said on Wednesday it was valued at $3.2 billion after its latest funding round that saw investments from venture capital giant Sequoia Capital and MSD Par...
Syndicated Content Sep 14, 2022
U.S. producer prices fall for second straight month in August
WASHINGTON (Reuters) - U.S. producer prices fell for second straight month in August as energy prices declined further, data showed on Wednesday. The producer price index for final demand dipped 0.1% ...
Syndicated Content Sep 14, 2022
China to extend tax relief for small firms, support equipment upgrades
BEIJING (Reuters) -China will extend tax relief for some small firms, including manufacturers, and offer low-cost loans to support equipment upgrades by companies, state media on Wednesday quoted the ...
Syndicated Content Sep 14, 2022
Factbox-Just how bad is Lebanon’s economic crisis?
BEIRUT (Reuters) - Savers held up two banks in Lebanon on Wednesday to demand access to their own deposits frozen in the country's paralysed financial system, underlining desperation among citizens un...
Syndicated Content Sep 14, 2022
Suspicious minds leave UK assets all shook up
By Andy Bruce LONDON (Reuters) - There is trouble ahead for Britain's new finance minister Kwasi Kwarteng: a marked shift in how British assets are behaving in markets points to growing unease about t...
Syndicated Content Sep 14, 2022
Comcast, Johnson & Johnson announce share buybacks
(Reuters) -Comcast Corp and Johnson & Johnson became the latest U.S. companies to unveil share buybacks worth billions of dollars on Wednesday, ahead of a new tax on stock repurchases next year. Comca...
Syndicated Content Sep 14, 2022
White House unveils $2 billion biotech spending plan ahead of industry summit
By Jarrett Renshaw (Reuters) - The White House released new details on Wednesday on how it plans to invest more than $2 billion in the U.S. biotechnology sector as it hosts a meeting of government lea...
Syndicated Content Sep 14, 2022
Peoria, IL, USA
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