Category Archives:
Futures fall on growing fears of recession
(Reuters) - U.S. stock index futures edged lower on Wednesday after warnings of a looming recession from major Wall Street bankers offset optimism around the easing of China's strict zero-COVID rules....
Dec 07, 2022
Volkswagen to invest $482 million in electrifying Wolfsburg plant
BERLIN (Reuters) -Volkswagen will invest 460 million euros ($482 million) by early 2025 in its Wolfsburg plant, with most of the funds going into preparation for the production of the electric ID.3 mo...
Dec 07, 2022
Factbox-European companies cuts jobs as economy sputters
(Reuters) - Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring freezes. Here are some of the companies that have announced cuts: AIRLIN...
Dec 07, 2022
Explainer-Europe set to import banned Russian diesel without knowing
By Rowena Edwards LONDON (Reuters) - European motorists could find Russian diesel in their tanks even after bans take effect because regulators lack tools to trace the origin of fuel when it has passe...
Dec 07, 2022
Future of work: Back to the office
(Reuters) - Employers have been asking workers with increasing urgency this year to return to the office, while workers are demanding flexibility, creating a tussle that is yet to be resolved as 2022 ...
Dec 07, 2022
Southwest Airlines reinstates quarterly dividend
(Reuters) -Southwest Airlines Co on Wednesday reinstated its quarterly dividend program more than two years after suspending it in wake of the coronavirus pandemic, as demand for travel shows no signs...
Dec 07, 2022
TSX futures down on recession fears, BoC rate decision in focus
(Reuters) - Futures tracking Canada's main stock index slipped on Wednesday on mounting recession worries, while investors awaited the Bank of Canada's interest rate decision later in the day. Futures...
Dec 07, 2022
China’s reported gold reserves rise for first time since 2019
(Reuters) - China's central bank said on Wednesday it had added 32 tonnes of gold worth around $1.8 billion to its reserves, the first time it has disclosed an increase since September 2019. The addit...
Dec 07, 2022
French watchdog orders Amazon to pay $3.5 million in penalties
PARIS (Reuters) - A French watchdog has ordered U.S. e-commerce giant Amazon.com to pay 3.3 million euros ($3.5 million) in penalties for failing to modify contractual provisions related to third-part...
Dec 07, 2022
Uber, Motional launch robotaxi service in Las Vegas
(Reuters) - U.S. ride-hailing firm Uber Technologies Inc and driverless tech-maker Motional have launched their public robotaxi service in Las Vegas on Wednesday. Tough regulatory scrutiny and delayed...
Dec 07, 2022
Peoria, IL, USA
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