Category Archives:
WeWork gets $150 million investment from real estate services firm Cushman & Wakefield
(Reuters) - Real estate services company Cushman & Wakefield said on Friday it had invested $150 million in WeWork Inc, days after the office-sharing firm started trading on the New York Stock Exchang...
Oct 29, 2021
Tencent’s $1.3 billion Sumo deal comes under U.S. security probe
(Reuters) -A U.S. national security panel is investigating Tencent Holdings' $1.27 billion takeover of Sumo Group, the British videogame maker said on Friday, in a possible setback to the Chinese inte...
Oct 29, 2021
U.S. labor costs power ahead in third quarter as wage surge
WASHINGTON (Reuters) - U.S. labor costs increased by the most since 2001 as companies boosted wages and benefits amid a severe worker shortage, suggesting inflation could remain high for sometime. The...
Oct 29, 2021
Russia needs higher interest rates to rein in inflation: Reuters poll
By Andrey Ostroukh MOSCOW (Reuters) - Russia will need to raise interest rates further this year to their highest since 2017 and keep them at that level for several months as inflation shows little si...
Oct 29, 2021
Chinese electric vehicle maker BYD launches $1.8 billion capital raising -term sheet
HONG KONG (Reuters) - Chinese electric vehicle company BYD Co is raising up to $1.8 billion in a capital raising launched on Friday, a term sheet seen by Reuters showed. A price range to sell 50 milli...
Oct 29, 2021
Canadian economy likely flat in September, August GDP up 0.4%
OTTAWA (Reuters) - The Canadian economy was most likely flat in September, following a gain of 0.4% in August, with third quarter annualized GDP likely rising 1.9%, data showed on Friday. As of Septem...
Oct 29, 2021
Alibaba-backed Best to sell China express delivery business in $1.1 billion deal
(Reuters) -Alibaba-backed Best Inc said on Friday it would sell its express delivery business in China to J&T Express Co. Ltd in a deal valued at about 6.8 billion yuan ($1.06 billion), including debt...
Oct 29, 2021
U.S. consumer spending rises solidly in September; inflation stays hot
WASHINGTON (Reuters) - U.S. consumer spending increased solidly in September, but was partly flattered by higher prices as inflation remained hot amid shortages of motor vehicles and other goods in th...
Oct 29, 2021
High lithium costs start to feed into prices of China EV batteries -BMI
By Pratima Desai LONDON (Reuters) - Soaring costs of materials such as lithium and nickel used to make electric vehicle batteries are starting to feed through into prices of these batteries in China, ...
Oct 29, 2021
Belarus classifies social media channels as ‘extremist’ in new crackdown
(Reuters) - The Belarusian interior ministry on Friday classified three of the country's most popular opposition social media channels as extremist organisations, meaning that people can face up to se...
Oct 29, 2021
Peoria, IL, USA
44 °F Mist
