Category Archives:
Meta fined $1.3 billion over data transfers to US – WSJ
(Reuters) - Facebook owner Meta Platforms Inc has been fined $1.3 billion by European Union privacy regulators for sending user information to the United States, the Wall Street Journal reported on Mo...
May 22, 2023
Exclusive-Malaysian tycoon weighs selling a stake in $2.7 billion port business -sources
By Yantoultra Ngui SINGAPORE (Reuters) - Malaysian tycoon Syed Mokhtar Al-Bukhary is looking at bringing in an investor into MMC Port Holdings - a deal that could value the country's biggest port oper...
May 22, 2023
Bangladesh struggles to pay for fuel imports as dollar crisis worsens -letters
By Ruma Paul DHAKA (Reuters) - Bangladesh is struggling to pay for imported fuel because of a dollar shortage, letters reviewed by Reuters show, with the state petroleum company owing more than $300 m...
May 22, 2023
German economy shows resilience but lacks momentum – DIHK survey
BERLIN (Reuters) - The German economy is showing resilience in a challenging economic environment but growth will remain muted this year, the DIHK Chambers of Commerce and Industry said on Monday, kee...
May 22, 2023
India’s PhonePe raises additional $100 million from General Atlantic
BENGALURU (Reuters) -Walmart Inc-owned Indian payments firm PhonePe on Monday said that it has secured an additional $100 million from private equity firm General Atlantic, in the latest round of its ...
May 22, 2023
Britain lowers stake in NatWest with $1.6 billion share sale
LONDON (Reuters) -British state-backed bank NatWest has agreed to buy 1.3 billion pounds ($1.6 billion) worth of its shares back from the government, as it edges closer towards private ownership 15 ye...
May 22, 2023
India economy to see downside risks to growth, upside risks to inflation – govt report
MUMBAI (Reuters) - India's economy is likely to see downside risks to growth and upside risks to inflation, partly due to challenges in the country's external sector as well as weather-related uncerta...
May 22, 2023
Volvo wins record order for electric trucks from Holcim
OSLO (Reuters) -Volvo Trucks said on Monday it has signed a letter of intent to sell 1,000 electric trucks to Swiss building solutions provider Holcim for delivery in the next seven years. "The deal i...
May 22, 2023
Europe’s business jet industry aims for green rebrand
By Joanna Plucinska GENEVA (Reuters) - Europe's business jet sector is putting its greenest foot forward at its flagship annual conference this week as it faces a downturn in flights on the back of co...
May 22, 2023
Nvidia chips away at Intel, AMD turf in supercomputers
By Stephen Nellis (Reuters) - Nvidia Corp on Monday said it has worked with the U.K.'s University of Bristol to build a new supercomputer using a new Nvidia chip that would compete with Intel Corp and...
May 22, 2023
Peoria, IL, USA
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