Category Archives:
Exxon deal puts spotlight on M&A targets but heightened scrutiny a dampener
By Mrinalika Roy (Reuters) - Exxon Mobil's mega $60 billion deal for shale rival Pioneer Natural Resources could be a catalyst that will drive further consolidation in the U.S. oil and gas industry, a...
Oct 11, 2023
Multiple fire departments respond to fire in Peoria Heights
PEORIA HEIGHTS, Ill. - Crews from area fire departments were called in to assist the Peoria Heights Fire Department late Wednesday morning with a large fire at a mechanical garage. The fire call came ...
Oct 11, 2023
Uncertainty, growth risks put Fed on cautious footing last month, minutes show
By Howard Schneider WASHINGTON (Reuters) -Uncertainty around the path of the U.S. economy, including difficulties estimating the state of financial markets, potential oil price shocks, and the impact ...
Oct 11, 2023
Ukraine needs $42 billion budget support this year and next -PM Shmyhal
By David Lawder and Andrea Shalal MARRAKECH, Morocco (Reuters) - Ukrainian Prime Minister Denys Shmyhal said on Wednesday the country would need budget support of about $42 billion this year and next ...
Oct 11, 2023
Despite rout, bond strategists stay tethered to falling yield forecasts
By Sarupya Ganguly BENGALURU (Reuters) - Bond market strategists are holding on to their forecasts for U.S. Treasury yields to decline by year-end, as well as a view that 10-year yields have peaked, d...
Oct 11, 2023
Ericsson books $2.9 billion impairment, says Q3 core profit fell 39%
STOCKHOLM (Reuters) -Telecom gear maker Ericsson on Wednesday announced a 32 billion Swedish crowns ($2.9 billion) impairment charge related to its acquisition last year of Vonage, and said core profi...
Oct 11, 2023
Amazon drought stalls shipping as boats run aground in low rivers
By Bruno Kelly BRASILIA (Reuters) - The barge carrying three trucks and 2,000 empty cooking gas cylinders lies stranded on the vast sand banks of a diminished Rio Negro river after running aground las...
Oct 11, 2023
Republican Steve Scalise on path to US House speaker in turbulent time
WASHINGTON (Reuters) – Republicans in the U.S. House of Representatives nominated Steve Scalise to be the chamber’s next speaker on Wednesday, a challenging role after hard-right members o...
Oct 11, 2023
Birkenstock shares fall 11% in market debut to notch $8.32 billion valuation
(Reuters) - Luxury sandal maker Birkenstock notched a valuation of $8.32 billion in its market debut on Wednesday after shares opened 11% below their offer price. The stock began trading at $41 apiece...
Oct 11, 2023
European investment bank to offer Morocco $1 billion euro loan
MARRAKECH (Reuters) - The European Investment Bank said on Wednesday it will lend Morocco 1 billion euros ($1.06 billion) over the next three years to support the north African country's reconstructio...
Oct 11, 2023
Peoria, IL, USA
44 °F Overcast
