Category Archives:
Meta Platforms shorts increase 2022 gains as stock plunges – S3 Partners
NEW YORK (Reuters) - Short sellers in Meta Platforms Inc were poised to increase their 2022 gains with the stock's plunge on Thursday after the Facebook owner's weak forecast. With the stock down 22.3...
Feb 03, 2022
Russian cenbank gives Atomyze licence to manage digital financial assets
MOSCOW (Reuters) - The Russian central bank has given a local subsidiary of Swiss-based blockchain platform Atomyze a licence to issue and exchange digital financial assets, the bank said on Thursday,...
Feb 03, 2022
KPMG sued for $1.8 billion over Carillion audit
LONDON (Reuters) - A British government receiver is suing KPMG for 1.3 billion pounds ($1.77 billion) over alleged negligence during its audit of collapsed construction giant Carillion, in one of the ...
Feb 03, 2022
Ali explains Emergency Declaration, defends city-wide parking ban
UPDATED 11:27 A.M. PEORIA, Ill. – What does it mean when Peoria Mayor Rita Ali issued an Emergency Declaration for the city during this winter storm? “It allows us to get reimbursement fro...
Feb 03, 2022
U.S. to cover cost of over-the-counter COVID tests through Medicare
(Reuters) - People enrolled in the U.S. government's Medicare program can get over-the-counter COVID-19 tests for free starting early spring, the Centers for Medicare & Medicaid Services said on Thurs...
Feb 03, 2022
Explainer-Costs of nickel and cobalt used in electric vehicle batteries
By Pratima Desai LONDON (Reuters) - Rising sales of electric vehicles (EVs) and a scramble along the supply chain to secure materials have propelled prices of battery ingredients nickel, cobalt and li...
Feb 03, 2022
U.S. service sector slows in January; input prices remain elevated – ISM survey
WASHINGTON (Reuters) - A measure of U.S. services industry activity dropped to an 11-month low in January as a resurgence in COVID-19 infections hurt demand at high contact businesses and kept workers...
Feb 03, 2022
Analysis-Fearing Fed error, investors track less obvious parts of yield curve
By Davide Barbuscia NEW YORK (Reuters) - Investors seeking to gauge the impact of the U.S. Federal Reserve's rate-hiking plans are keeping an eye on less closely watched corners of the U.S. Treasuries...
Feb 03, 2022
Carlsberg looks beyond beer for growth in new strategy
COPENHAGEN (Reuters) -Danish brewer Carlsberg said on Thursday it would look for growth beyond its core beer market over the next five years to focus on categories like cider, seltzers and alcohol fre...
Feb 03, 2022
Electric car transition puts over 70,000 jobs at risk in Italy, unions and lobby say
MILAN (Reuters) - The transition to electric vehicles will put around 73,000 jobs at risk in Italy, metal workers' unions and a lobby group said on Thursday, calling on the government to start discuss...
Feb 03, 2022
Peoria, IL, USA
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