Category Archives:
Baidu beats quarterly revenue estimates on robust ad sales, AI
(Reuters) -China's Baidu Inc on Wednesday reported quarterly revenue above Wall Street estimates, helped by stronger advertising sales and demand for its artificial intelligence and cloud products. A ...
Nov 17, 2021
Russia’s Rosneft acquires Shell’s 37.5% stake in German refinery PCK Schwedt
MOSCOW (Reuters) - Russian oil giant Rosneft has acquired Shell's 37.5% stake in German refinery PCK Schwedt, it said on Wednesday, exercising an option to buy and taking its shareholding to 91.67%. I...
Nov 17, 2021
Carlyle agrees to buy Swiss industrial software firm AutoForm
LONDON (Reuters) - U.S. buyout fund Carlyle said on Wednesday it had agreed to acquire Swiss industrial software firm AutoForm AG from private equity firm Astorg for an undisclosed amount. AutoForm, f...
Nov 17, 2021
Smile on dollar bulls
A look at the day ahead from Dhara Ranasinghe. Just for a minute, let's forget about rising bond yields and record-high stocks. Forex markets are where the action is. The dollar index, a measure of th...
Nov 17, 2021
In Ivory Coast, a battle to save cocoa-ravaged forests
By Joe Bavier, Maytaal Angel and Ange Aboa DJIGBADJI, Ivory Coast (Reuters) - This cocoa-growing settlement was all but destroyed last year by Ivorian forest agents, leaving farmers to rake through th...
Nov 17, 2021
Wall Street sees first Fed climate change review in 2023
By Pete Schroeder WASHINGTON (Reuters) - While the U.S. Federal Reserve trails other major central banks in tackling climate change, it's catching up on a critical front: figuring out if rising temper...
Nov 17, 2021
BlackRock sees coal, oil power projects facing investment challenges
ABU DHABI (Reuters) - Coal and oil-fired power generation projects will find it difficult to secure investments, BlackRock Inc. Managing Director Eduard Ruijs said on Wednesday. Natural gas-fired powe...
Nov 17, 2021
British Land swings to profit as rent collection improves
(Reuters) -Commercial landlord British Land Co Plc swung to a half-year profit on Wednesday on improved rent collection and higher value of its office spaces and retail parks. Office property firms in...
Nov 17, 2021
Sage posts 10% drop in operating profit after investing in cloud
LONDON (Reuters) - British software company Sage Group reported a 10% drop in full-year organic operating profit to 343 million pounds ($461 million) on Wednesday as investment in its cloud offer sque...
Nov 17, 2021
UN, other agencies aim to standardise measurement of environmental impacts
By Brenna Hughes Neghaiwi ZURICH (Reuters) - Major multilateral organisations will launch a new initiative next week aimed at developing a system of standards for companies, investors and financial in...
Nov 17, 2021
Peoria, IL, USA
44 °F Mist
