Category Archives:
Indian IT firms cut staff bonuses as U.S., European clients tighten budgets
By Navamya Ganesh Acharya, Sethuraman N R and Nivedita Bhattacharjee BENGALURU (Reuters) - India's top IT services firms are freezing or cutting staff bonuses, worried that tightening budgets at U.S. ...
Aug 25, 2022
Amazon signs hydrogen supply deal with Plug Power
(Reuters) - Plug Power Inc said on Thursday it has signed a deal with Amazon.com Inc to supply liquid green hydrogen starting in 2025 to help the e-commerce giant decarbonize its operations. (Reportin...
Aug 25, 2022
Texas grid avoids summer blackouts with $1 billion in extra spending
By Swati Verma (Reuters) - Texas' electric grid operator has powered through record demand this summer by paying more to keep higher reserves and rewarding industrial consumers to cut usage, a combina...
Aug 25, 2022
Yara cuts cast doubt on Europe’s fertiliser production
By Louise Rasmussen and Terje Solsvik (Reuters) - Norway's Yara, one of the world's largest fertiliser makers, is slashing ammonia production due to soaring gas prices, raising questions about Europe'...
Aug 25, 2022
Revision shows mild U.S. economic contraction in second quarter
WASHINGTON (Reuters) - The U.S. economy contracted at a moderate pace than initially thought in the second quarter as consumer spending blunted some of the drag from a slower pace of inventory accumul...
Aug 25, 2022
Biden to sign order on $52 billion chips law implementation
By David Shepardson WASHINGTON (Reuters) -President Joe Biden on Thursday will sign an executive order on implementation of the $52.7 billion semiconductor chips manufacturing subsidy and research law...
Aug 25, 2022
Europe’s Wizz Air considering a Saudi operating license
RIYADH (Reuters) -European budget carrier Wizz Air is considering basing an airline in Saudi Arabia as part an agreement signed with the government this year to develop the kingdom's aviation sector, ...
Aug 25, 2022
Fed’s George: Too soon to predict size of Sept hike
(Reuters) - Kansas City Federal Reserve President Esther George said it was too soon to predict how much the U.S. central bank would raise interest rates next month, with key reports on inflation and ...
Aug 25, 2022
ECB accounts show overwhelming inflation concerns
(Reuters) - European Central Bank policymakers at their meeting last month appeared increasingly concerned that high inflation is getting entrenched and the risk was large enough to warrant a bigger-t...
Aug 25, 2022
Factbox-Fertiliser-makers cut output on surging gas prices
(Reuters) - Norway's Yara, one of the world's largest fertiliser-makers, is cutting ammonia production in Europe further because of the surge in gas prices, following other manufacturers. Below are so...
Aug 25, 2022
Peoria, IL, USA
52 °F Rain
