Category Archives:
Canada’s BMO books $834 million charge over U.S. Ponzi lawsuit
(Reuters) - A jury in the United States on Tuesday found Canada's Bank of Montreal's U.S. unit liable to pay more than $550 million in damages over a Ponzi scheme operated by a Minnesota businessman, ...
Nov 08, 2022
Factbox-Trump-endorsed J.D. Vance wins Ohio’s U.S. Senate seat, Edison Research projects
By Moira Warburton WASHINGTON (Reuters) - Control of the U.S. Senate is at stake in the Nov. 8 midterm elections, as Republicans need to pick up only one seat to win control of the 100-seat chamber, w...
Nov 08, 2022
Cathay Pacific appoints long-serving executive Ronald Lam as next CEO
(Reuters) - Hong Kong's Cathay Pacific Airways Ltd said on Wednesday that long-serving executive Ronald Lam would take over as chief executive from Jan. 1, with current boss Augustus Tang set to retir...
Nov 08, 2022
South Korean battery makers flag supply chain worries amid U.S. EV tax credit reform
By Heekyong Yang and David Shepardson SEOUL/WASHINGTON (Reuters) - South Korean battery makers have urged the U.S. government to factor in realities of a complex supply chain for the industry and not ...
Nov 08, 2022
Chinese property stocks soar on fresh regulatory support
By Xie Yu and Clare Jim HONG KONG (Reuters) -Chinese property developers' share prices surged on Wednesday after regulators expanded a financing programme aimed at supporting bond issuance in the cris...
Nov 08, 2022
Factbox-Democrats hold Kansas’ 3rd U.S. House district, Edison Research projects
By Moira Warburton WASHINGTON (Reuters) - Control of the U.S. House of Representatives is at stake in Tuesday's midterms, with Republicans favored by nonpartisan forecasters to win control, which woul...
Nov 08, 2022
Fire breaks out at Chevron’s El Segundo, California refinery – media
(Reuters) -Crews were working to extinguish a fire that broke out at Chevron's oil refinery in El Segundo, California on Tuesday, KTLA 5 reported on its news website. Chevron, which operates the 269,0...
Nov 08, 2022
U.S. court rejects requests to block Albertsons’ dividend payout
(Reuters) - A U.S. federal court on Tuesday denied requests to temporarily block Albertsons Companies Inc's $4 billion dividend payment to shareholders before closing of the proposed merger with Kroge...
Nov 08, 2022
Hurricane threat prompts NASA to delay next launch attempt of moon rocket
By Steve Gorman (Reuters) - NASA will batten down its big new moon rocket on the launch pad to ride out a hurricane expected to hit near Cape Canaveral, Florida, and its targeted liftoff time next wee...
Nov 08, 2022
Factbox-Republicans pick up U.S. House seats from Democrats, Edison Research projects, most races still not called
(Reuters) - Republicans have picked up a net four seats in the U.S. House of Representatives that had previously been held by Democrats with 228 of 435 races not yet called, Edison Research projected ...
Nov 08, 2022
Peoria, IL, USA
66 °F Sunny
