Category Archives:
EU proposes payments sector shake-up, legal backing for digital euro
By Huw Jones LONDON (Reuters) - The European Union on Wednesday proposed injecting more competition into the payments sector, giving legal backing to a digital euro, and preserving the role of cash as...
Jun 28, 2023
Arcline proposes to buy Circor International for $57/share
(Reuters) - Private equity firm Arcline Investment Management LP on Wednesday proposed to buy Circor International Inc for $57 per share in cash, toppling a rival bid from KKR & Co Inc for the industr...
Jun 28, 2023
Harrison Ford hangs up his ‘Indiana Jones’ hat in ‘Dial of Destiny’
By Rollo Ross LOS ANGELES (Reuters) - Harrison Ford is bidding farewell to one of his most famous roles with new film "Indiana Jones and the Dial of Destiny," which heads to theaters on Friday. The 80...
Jun 28, 2023
Chip stocks smacked as U.S. mulls fresh curbs on AI access to China
(Reuters) - Shares of U.S. chipmakers fell in premarket trading on Wednesday following a report that the Biden administration is planning new curbs on export of computing chips for artificial intellig...
Jun 28, 2023
Peoria councilman calls for vape store changes
PEORIA, Ill. - A Peoria City councilman wants to put a cap on stand-alone tobacco vape shops in the city. At Tuesday night's council meeting, District 2 Representative Chuck Grayeb proposed the city i...
Jun 28, 2023
Futures fall as chips slide, focus on Powell
(Reuters) - Wall Street futures fell on Wednesday, pressured by a report on new U.S. curbs on exporting artificial intelligence (AI) chips to China, while investors awaited comments from Federal Reser...
Jun 28, 2023
World Bank raises Thailand 2023 growth outlook to 3.9% as tourists return
BANGKOK (Reuters) - Thailand's economy is projected to grow 3.9% this year, up from a previous forecast of 3.6%, helped by private consumption growth and a recovery in tourism, the World Bank said on ...
Jun 28, 2023
Microsoft, Activision CEOs expected to urge US judge to allow $69 billion merger
SAN FRANCISCO (Reuters) - With U.S. antitrust enforcers determined to stop Microsoft from buying "Call of Duty" maker Activision Blizzard, the companies' two chief executives are expected to testify o...
Jun 28, 2023
HK’s Swire Pacific sells U.S. unit to controlling shareholder for $3.9 billion
(Reuters) -Hong Kong-based conglomerate Swire Pacific Ltd said on Wednesday it would sell unit Swire Coca-Cola, USA for $3.9 billion to its controlling shareholder, John Swire & Sons Ltd. Swire Pacifi...
Jun 28, 2023
Analysis-US bond investors eked out positive returns, see better second half year
By Davide Barbuscia NEW YORK (Reuters) - U.S. government bond investors have racked up positive returns so far this year, with the higher income from bonds offering a buffer against market weakness if...
Jun 28, 2023
Peoria, IL, USA
63 °F Overcast
