Category Archives:
Zara shopworkers call off strikes in company’s hometown after pay rise deal – union
MADRID (Reuters) - A union representing shop assistants at fashion retailer Zara has called off planned strikes in the company's hometown in northern Spain following an agreement on a pay rise, a unio...
Dec 23, 2022
Huawei reaps more patent royalties than it pays out for second straight year
By Paresh Dave OAKLAND, Calif. (Reuters) - Chinese technology giant Huawei will bring in more patent income than it pays to other companies for their patents for the second straight year in 2022, as i...
Dec 23, 2022
Facebook parent Meta to pay $725 million to settle lawsuit relating to Cambridge Analytica
(Reuters) - Facebook owner Meta Platforms Inc has agreed to pay $725 million to resolve a class-action lawsuit accusing the social media giant of allowing third parties, including Cambridge Analytica,...
Dec 23, 2022
Valneva makes U.S. regulatory submission for one-shot chikungunya vaccine
PARIS (Reuters) - Vaccines company Valneva said on Friday that it had completed a regulatory submission step with the United States Food & Drug Administration (FDA) for its single-shot chikungunya vac...
Dec 23, 2022
Indian EV maker denies allegations of misappropriation of incentives
NEW DELHI (Reuters) - India's Avon Cycles Ltd has denied any wrongdoing in a scheme granting subsidies to vehicle manufacturers to boost the sale of electric vehicles (EV), after the government said t...
Dec 23, 2022
Analysis-US stock investors face recession fears as they bid good riddance to 2022
By Lewis Krauskopf NEW YORK (Reuters) - A rough year for U.S. stocks is winding down, but the market's pain may be far from over, as investors brace for an expected recession in 2023. With only a hand...
Dec 23, 2022
Deep freeze grips U.S. as winter ‘bomb cyclone’ looms ahead of holiday weekend
By Steve Gorman (Reuters) - A deep freeze enveloping most of the United States early on Friday combined with a massive winter storm brewing in the Midwest to leave two-thirds of the nation under extre...
Dec 23, 2022
Tencent chief blasts managers in fiery townhall – sources
By Josh Ye HONG KONG (Reuters) - The founder of Chinese tech giant Tencent Holdings Ltd told employees many "corruption" issues had been discovered within the company and mismanagement was draining it...
Dec 23, 2022
Grinch (re)appears
A look at the day ahead in European and global markets from Ankur Banerjee Ignoring a hawkish Fed, investors attempted the briefest of Santa rallies this week but revised U.S. GDP data and relatively ...
Dec 22, 2022
TSMC in talks with suppliers over first European plant – FT
(Reuters) - Taiwanese chipmaker TSMC is in advanced talks with key suppliers about setting up its first potential European plant in the German city of Dresden, the Financial Times reported on Friday. ...
Dec 22, 2022
Peoria, IL, USA
46 °F Overcast
