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BMW’s Zipse: we are not leaving lower segment for electric cars
BERLIN (Reuters) -BMW Chief Executive Oliver Zipse said the premium carmaker would not abandon its lower-priced segment in the transition to electrification. "We are not leaving the lower market segme...
Syndicated Content Nov 09, 2022
Advertising technology firm Perion Q3 profit jumps, adjusts 2022 estimates
JERUSALEM (Reuters) - Advertising technology firm Perion Network reported on Wednesday a 53% rise in quarterly profit as advertisers continue to shift to new ways of targeting customers. The Israel-ba...
Syndicated Content Nov 09, 2022
COP27: Gaza date farmers struggle as bad weather hits harvest
By Nidal al-Mughrabi GAZA (Reuters) - Climate change has helped cut production of dates in the blockaded Gaza strip almost in half this year as unseasonal rains played havoc with spring pollination, c...
Syndicated Content Nov 09, 2022
Portugal’s third-quarter jobless rate edges up to 5.8%
(Reuters) - Portugal's unemployment rate edged higher to 5.8% in the third quarter from 5.7% in the previous three months, but fell from 6.1% a year ago, official data showed on Wednesday. Between Jul...
Syndicated Content Nov 09, 2022
Brazil steelmaker Gerdau Q3 net profit slips on cost pressures
SAO PAULO (Reuters) - Brazilian steelmaker Gerdau SA on Wednesday reported that its quarterly adjusted net profit fell by about a third on a yearly basis, as lower global steel prices and rising input...
Syndicated Content Nov 09, 2022
Two investors opposed to debt plan call for Orpea shareholder meeting
(Reuters) - Two shareholders that together own more than 5% of France's Orpea have called for a shareholder meeting at the beleaguered care homes group as they try to rally opposition to its planned d...
Syndicated Content Nov 09, 2022
Credit suisse completes liquidation of one of Greensill linked funds
ZURICH (Reuters) - Credit Suisse on Wednesday announced it has completed the liquidation process of one of its four funds linked to collapsed supply chain financing firm Greensill Capital. A final pay...
Syndicated Content Nov 09, 2022
Italy economy minister promises fiscal prudence, lower debt
By Giuseppe Fonte and Gavin Jones ROME (Reuters) - Italy aims to follow a cautious fiscal policy in order to lower its public debt but is ready to act quickly to curb surging energy costs and head off...
Syndicated Content Nov 09, 2022
Meta to cut more than 11,000 jobs in one of the biggest layoffs this year
(Reuters) -Meta Platforms Inc said on Wednesday it will let go of 13% of its workforce, or more than 11,000 employees, in one of the biggest tech layoffs this year as the Facebook parent battles soari...
Syndicated Content Nov 09, 2022
German economy ministry wants to skim electricity windfall profit from November – draft paper
BERLIN (Reuters) - Germany's economy ministry wants to begin skimming off electricity providers' windfall profits retroactively from November, according to a draft paper seen by Reuters. Only plants w...
Syndicated Content Nov 09, 2022
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