Category Archives:
U.S. DoJ seeks more details on $8 billion CVS-Signify Health deal
(Reuters) -The U.S. Department of Justice (DoJ) has asked for more details on CVS Health Corp's proposed $8 billion deal to buy Signify Health, the pharmacy chain operator said on Thursday. The deal, ...
Oct 20, 2022
BMW tests hydrogen burner in Leipzig paint shop, expands battery assembly lines
LEIPZIG, Germany (Reuters) - BMW is testing a burner able to operate on both hydrogen and gas in its paint shop in Leipzig, the carmaker said on Thursday, as it also announced an 800-million-euro ($78...
Oct 20, 2022
Blackstone’s earnings fall 16% on sharp drop in asset sales
By Chibuike Oguh NEW YORK (Reuters) - Blackstone Inc, the world's largest alternative asset manager, said on Thursday its third-quarter distributable earnings fell 16% year-on-year, owing to a sharp d...
Oct 20, 2022
Munich Re names 2 women to all-male board, new reinsurance head
FRANKFURT (Reuters) - Munich Re on Thursday announced that it would appoint two women to its all-male management board and a change in the person who will oversee the important reinsurance business. I...
Oct 20, 2022
AT&T’s third-quarter profit rises on wireless subscriber additions
(Reuters) - U.S. wireless carrier AT&T Inc reported a 26% jump in third-quarter profit on Thursday, as more Americans opted for its wireless services and upgraded to 5G plans amid summer travel. The c...
Oct 20, 2022
Russian finance ministry unlocks $16 billion from rainy day fund to plug government deficit
MOSCOW (Reuters) - Russia's finance ministry on Thursday said it was drawing down 1 trillion roubles ($16.25 billion) from the country's National Wealth Fund (NWF) to help cover the government's budge...
Oct 20, 2022
Ghana traders close shops to protest worsening economy
ACCRA (Reuters) - Streets were quiet in the normally bustling heart of Accra's central business district on Wednesday as traders in the Ghanaian capital closed their shops to protest worsening economi...
Oct 20, 2022
Faurecia may be ‘last of the Mohicans’ in pollution control – CEO
PARIS (Reuters) - Faurecia does not intend to let go of its pollution control business despite the scheduled end of combustion engine sales, as the business will remain profitable for a long time and ...
Oct 20, 2022
Canada recession may be ‘necessary evil’ as central bank queues big hike
By Julie Gordon OTTAWA (Reuters) - Even as recession worries intensify in Canada, the central bank is likely to go ahead with another supersized interest rate hike next week after data showed underlyi...
Oct 20, 2022
A 1990s relic, floppy disks get second life at California warehouse
By Phil Lavelle LAKE FOREST, Calif. (Reuters) - It has been two decades since their heyday, but one bulk supplier of the iconic 3.5-inch floppy disk used to store data in 1990s says business is still ...
Oct 20, 2022
Peoria, IL, USA
42 °F Sunny
