Category Archives:
Czechs ready to reach deal with Poland over disputed mine, minister says
HRADEK NAD NISOU, Czech Republic (Reuters) - New Czech Environment Minister Anna Hubackova said on Thursday she was ready to hold talks with Poland next week to overcome a dispute over Poland's open-p...
Jan 13, 2022
Monster Beverage to enter alcohol market with $330 million CANarchy buy
(Reuters) - Energy drinks maker Monster Beverage Corp said on Thursday it had agreed to buy craft beer and hard seltzer maker CANarchy Craft Brewery Collective Llc for $330 million in cash, marking it...
Jan 13, 2022
Wells Fargo expects four U.S. rate hikes this year, cuts growth forecast
(Reuters) - Wells Fargo expects the U.S. Federal Reserve to raise interest rates four times this year, the bank said on Thursday, while downgrading its 2022 growth forecast for the world's biggest eco...
Jan 13, 2022
Switzerland tests digital currency payments with top investment banks
(Refiles to remove duplication of third paragraph lower down in the story) By John Revill and Tom Wilson ZURICH (Reuters) - Switzerland's central bank has successfully used digital currency to settle ...
Jan 13, 2022
China’s R&F Properties Hong Kong arm put in ‘selective’ default by S&P
LONDON (Reuters) - Chinese developer Guangzhou R&F Properties, which has a number of super-sized projects in global cities such as London, saw its Hong Kong offshoot declared in "selective default" on...
Jan 13, 2022
BMW says too soon to bring battery cells in-house – “we have secured our needs”
BERLIN (Reuters) - BMW, which reported record brand sales in 2021 and is optimistic it has hit the top end of its 9.5-10.5% profit estimate, remains cautious of bringing battery cell production in-hou...
Jan 13, 2022
Fed’s Harker adds backing to possible March interest rate liftoff
(Reuters) - The U.S. Federal Reserve could begin lifting interest rates from their current level near zero as early as March and may well have to raise borrowing costs throughout this year to help rei...
Jan 13, 2022
‘No money left’: Lebanese telcos close to meltdown as cable thieves thrive
By Laila Bassam and Timour Azhari BEIRUT (Reuters) - Lebanon's telecom duopoly, once cash cows for the state, used to allocate most of their spending on wages, rent and infrastructure. Now revenues ha...
Jan 13, 2022
UK’s Countryside Properties plunges as CEO leaves after weak quarter
By Muhammed Husain and Aby Jose Koilparambil (Reuters) -Countryside Properties' shares slumped nearly 28% on Thursday after the British housebuilder said its first-quarter performance was below expect...
Jan 13, 2022
Hyundai, Daewoo tie-up gets EU antitrust veto
By Foo Yun Chee BRUSSELS (Reuters) - Hyundai Heavy Industries' proposed takeover of rival Daewoo Shipbuilding & Marine Engineering Co Ltd to create the world's biggest shipbuilder was hit with an EU v...
Jan 13, 2022
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