Category Archives:
Japan’s largest bank MUFG to launch new $300 million debt venture fund
By Makiko Yamazaki and Yuki Nitta TOKYO (Reuters) - Mitsubishi UFJ Financial Group Inc (MUFG) will launch a new $300 million fund to offer debt financing to late-stage tech startups in the Asia-Pacifi...
Dec 23, 2021
Russian start-up aims to bring mobile EV superchargers to London
By Gleb Stolyarov MOSCOW (Reuters) - Russian start-up L-charge plans to bring its mobile superchargers for electric vehicles to London in 2022, hoping to benefit from growing demand and the limited ex...
Dec 23, 2021
Taiwan’s Foxconn qualifies for nearly $30 million tax breaks in Wisconsin
(Reuters) - Foxconn has qualified for $28.8 million in Wisconsin tax credits as the Taiwan electronics manufacturer, best known for making Apple iPhones, pushes to set up manufacturing plants in the s...
Dec 23, 2021
Volkswagen’s production in Wolfsburg to rise 43% in 2022 – labour boss
FRANKFURT (Reuters) - Volkswagen expects to produce around 43% more vehicles at its main plant in Wolfsburg, its works council head told a German newspaper, a marked improvement from this year but sti...
Dec 23, 2021
U.S. FDA authorizes Merck’s at-home antiviral COVID-19 pill
(Reuters) -The U.S. Food and Drug Administration on Thursday authorized Merck & Co's antiviral pill for COVID-19, after giving the go-ahead to a similar treatment from Pfizer Inc a day earlier. Merck'...
Dec 23, 2021
Third Point’s Loeb slams activists after UK fund chairman quits
LONDON (Reuters) - Hedge fund Third Point's boss Dan Loeb on Thursday blamed the departure of the chairman of the firm's London-listed fund on "inexperienced" and "juvenile antics" of activist investo...
Dec 23, 2021
Illinois bars state pensions from owning Unilever over Israel
By Ross Kerber BOSTON (Reuters) - An Illinois board overseeing state employee pension funds on Wednesday voted to bar funds from holding Unilever PLC shares due to sales limits by the company's Ben & ...
Dec 23, 2021
U.S. core capital goods orders unexpectedly fall in November
WASHINGTON (Reuters) - New orders for U.S.-made capital goods unexpectedly fell in November while shipments rose modestly, suggesting that shortages were hampering business spending on equipment. Orde...
Dec 23, 2021
U.S. auto sales to fall in December due to supply constraints – data
(Reuters) - U.S. auto retail sales are expected to fall in December, as supply shortages and high demand have caused prices to skyrocket, consultants J.D. Power and LMC Automotive said in a report rel...
Dec 23, 2021
Spanish govt reaches labour deal with unions, businesses
By Beln Carreo MADRID (Reuters) - Spain's left-wing government has reached a labour deal with unions and employers, the Labour Ministry said on Thursday, ending months of talks and bringing it a step ...
Dec 23, 2021
Peoria, IL, USA
44 °F Overcast
