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Trafigura sued for $8.4 million by firm owned by tycoons Reuben Brothers
By Eric Onstad LONDON (Reuters) - Hyphen Trading Ltd, owned by property and metals tycoons the Reuben brothers, has demanded $8.4 million in damages from commodity trader Trafigura in a claim linked t...
Syndicated Content Jun 28, 2023
BlackRock Investment Institute sees AI as major driver of equity returns
(Reuters) - Shares of AI-focused companies will be a major driver of returns for developed markets in a tough economic environment, BlackRock Investment Institute said, citing a current rally that is ...
Syndicated Content Jun 28, 2023
Israel tech fundraising suffers 65% annual slump in second quarter
By Steven Scheer JERUSALEM (Reuters) - Fundraising by Israeli technology firms slumped 65% in the second quarter compared to the same period last year, data showed on Wednesday, as political turmoil i...
Syndicated Content Jun 28, 2023
More tightening to come, top central bank chiefs tell ECB forum
SINTRA, Portugal (Reuters) - Leaders of the world's top central banks reaffirmed on Wednesday they see further policy tightening as needed to tame stubbornly high inflation but still believe they can ...
Syndicated Content Jun 28, 2023
Virgin Galactic set to launch its first commercial rocket plane spaceflight
By Jose Luis Gonzalez and Steve Gorman TRUTH OR CONSEQUENCES, New Mexico (Reuters) - A three-man crew from Italy is set on Thursday to board a passenger rocket plane operated by Virgin Galactic, the v...
Syndicated Content Jun 28, 2023
Exclusive-Nissan installed camera to monitor No. 2’s home, sources say
By Daniel Leussink and Norihiko Shirouzu (Reuters) - Nissan installed a camera surveillance system at the home of former executive Ashwani Gupta so the automaker's internal security team could monitor...
Syndicated Content Jun 28, 2023
Stellantis to end gearbox production at Vienna plant, 300 jobs impacted
PARIS (Reuters) - Stellantis has informed unions and local officials of its plans to end operations at its gearbox production site in Vienna-Aspern in Austria, a company spokesperson said on Wednesday...
Syndicated Content Jun 28, 2023
Swiss energy rescue helps fuel wider 2024 budget deficit forecast
ZURICH (Reuters) - Switzerland expects its budget deficit to widen to 6.7 billion Swiss francs ($7.46 billion) next year due to extraordinary spending on Ukrainian refugees and the electricity sector,...
Syndicated Content Jun 28, 2023
Micron signs preliminary agreement for India chip facility
AHMEDABAD (Reuters) - U.S. memory chip firm Micron Technology on Wednesday signed a memorandum of understanding with the Indian government to build a semiconductor plant, its first factory in the coun...
Syndicated Content Jun 28, 2023
BOJ’s Ueda: See good reason to shift policy if inflation re-accelerates into 2024
SINTRA, Portugal (Reuters) -Bank of Japan (BOJ) Governor Kazuo Ueda said on Wednesday the central bank would see good reason to shift monetary policy if it became "reasonably sure" that inflation woul...
Syndicated Content Jun 28, 2023
Peoria, IL, USA
67 °F Overcast
