Category Archives:
BMW lifts annual profit forecast to 9.5%-10.5%
BERLIN (Reuters) - BMW lifted its annual profit margin forecast to between 9.5% and 10.5% from 7% to 9%, the company said in an ad hoc statement on Thursday, as higher prices for new and used vehicles...
Sep 30, 2021
OPEC+ considers options for releasing more oil to the market -sources
By Ahmad Ghaddar, Olesya Astakhova and Alex Lawler (Reuters) - OPEC+ is considering going beyond its existing deal to boost production by 400,000 barrels per day (bpd) when it meets next week, sources...
Sep 30, 2021
Allianz asset management head Jacqueline Hunt stepping down from board
BERLIN (Reuters) - Allianz's head of asset management Jacqueline Hunt is stepping down from the board, the company said in a statement on Thursday, after a scandal over billions of dollars in hedge fu...
Sep 30, 2021
S&P says it expects U.S. Congress to address debt ceiling on time
(Reuters) - S&P Global Ratings said on Thursday it anticipates the U.S. Congress will address the debt ceiling in a timely manner, either by raising it or suspending it. If not, the credit rating agen...
Sep 30, 2021
Fed’s Evans: inflation expectations not ‘out of hand’
(Reuters) - Chicago Federal Reserve Bank President Charles Evans on Thursday said his read on a wide range of measures of inflation expectations does not suggest recent high inflation readings are get...
Sep 30, 2021
Self-driving startup Aurora maps out commercial strategy
By Tina Bellon PALMER, Texas (Reuters) - Self-driving startup Aurora says it has discovered a path to turn costly self-driving vehicles into a profitable business, showcasing its technology to investo...
Sep 30, 2021
Italian carrier ITA to buy 28 Airbus jets, lease 31 from Air Lease
MILAN (Reuters) - Alitalia successor ITA has signed a memorandum of understanding with France's Airbus to buy 28 new jets, the carrier said on Thursday, adding the first new aircraft will start flying...
Sep 30, 2021
U.S. Senate defeats bid to curtail benefits for Afghan refugees
WASHINGTON (Reuters) - The U.S. Senate narrowly defeated Republican-backed legislation on Thursday that would have curtailed assistance for thousands of Afghans evacuated last month as U.S. forces wit...
Sep 30, 2021
UK software firm Sage to cut over 800 jobs amid focus on investment
(Reuters) -British software company Sage said on Thursday it will cut more than 800 jobs across the world as it trims its business to focus more on investments in cloud-based subscription products. Th...
Sep 30, 2021
Euro zone to discuss economic hit from soaring energy prices
By Jan Strupczewski BRUSSELS (Reuters) - Euro zone finance ministers will discuss soaring energy prices on Monday, concerned they could slow economic recovery, impact on investment decisions and dispr...
Sep 30, 2021
Peoria, IL, USA
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