Category Archives:
Deutsche Bank Russian profits leapt in 2022, even as assets dropped
(Reuters) - Deutsche Bank's Russian subsidiary's profits jumped by almost six times in 2022 to 5.4 billion roubles ($66.42 million), Russian audit documents showed, the latest example of a foreign len...
Apr 20, 2023
US, memory chipmaker Micron settle claim of immigration-related discrimination
WASHINGTON (Reuters) - The U.S. Justice Department said on Thursday it reached a settlement with memory chipmaker Micron Technology Inc to resolve an allegation of immigration-related employment discr...
Apr 20, 2023
Biden’s labor nominee accused in Senate hearing of harming Uber, Lyft, others
By Nandita Bose WASHINGTON (Reuters) -President Joe Biden's nominee for U.S. labor secretary, Julie Su, was attacked by Republican lawmakers as she testified before a Senate panel on Thursday for alle...
Apr 20, 2023
Emergent aims to price over-the-counter Narcan at about $50
(Reuters) - Contract drugmaker Emergent BioSolutions Inc said on Thursday it is aiming to price the over-the-counter (OTC) version of its opioid overdose reversal drug Narcan at around $50 per carton....
Apr 20, 2023
Argentina central bank to debate rate hike, no decision yet made – sources
By Eliana Raszewski, Jorge Otaola and Walter Bianchi BUENOS AIRES (Reuters) - Argentina's central bank board will debate a possible interest rate adjustment at their weekly meeting on Thursday as the ...
Apr 20, 2023
Italy’s Prada to invest 60 million euros to help boost production capacity
By Elisa Anzolin VALVIGNA, Italy (Reuters) - Italy's Prada is planning to spend 60 million euros ($66 million) on industrial capital investments this year, a large chunk of which will help double the ...
Apr 20, 2023
BuzzFeed to shut down news division and lay off 15% staff
(Reuters) -BuzzFeed Inc said on Thursday it will shut down its news division and will cut its workforce by 15%, sending the shares of the digital media company down 10%. The layoffs will affect 180 em...
Apr 20, 2023
Yellen: U.S. banking system remains sound
WASHINGTON (Reuters) - The U.S. banking system remains sound and the U.S. government will take "any necessary steps" to keep it the strongest and safest financial system in the world, U.S. Treasury Se...
Apr 20, 2023
With eye on IRA, Dowlais targets U.S. rare earth magnets for electric vehicles
By Nick Carey LONDON (Reuters) - UK auto supplier Dowlais is developing rare earth magnets for production in the U.S. market as carmakers look to source more parts locally and benefit from subsidies p...
Apr 20, 2023
Brazil’s government takes measures to boost consumer and capital market credit
BRASILIA (Reuters) - Brazil's government announced a package of 13 measures on Thursday to ease consumer access to credit and reduce associated costs in the capital and insurance markets, a move the n...
Apr 20, 2023
Peoria, IL, USA
61 °F Partly cloudy
