Category Archives:
U.S. asks court to halt sugar deal closing pending appeal
WASHINGTON (Reuters) - The U.S. Justice Department asked an appeals court on Thursday to prevent the closing of U.S. Sugar's plan to buy Imperial Sugar Co after a lower court ruled that the $315 milli...
Sep 29, 2022
ECB policymakers see no need to aid Italy with new scheme: sources
FRANKFURT (Reuters) - European Central Bank policymakers see no need to step in and buy more Italian government bonds via a new emergency scheme despite a rise in the country's borrowing costs since a...
Sep 29, 2022
Bank of England buys 1.415 billion pounds of long-dated gilts
LONDON (Reuters) - The Bank of England bought 1.415 billion pounds ($1.55 billion)of British government bonds with maturities of more than 20 years on Thursday, the second day of a multi-billion pound...
Sep 29, 2022
Siemens Gamesa to cut 2,900 jobs as part of its turnaround
MADRID (Reuters) - Wind turbine maker Siemens Gamesa plans to cut 2,900 jobs, mostly in Europe, as part of a plan to return to profitability, it said in a statement on Thursday. Two sources had told R...
Sep 29, 2022
HSBC to review Canary Wharf tower HQ, consider new London base
By Sinead Cruise and Iain Withers LONDON (Reuters) -HSBC is reviewing whether to keep its global headquarters in London's Canary Wharf, a staff memo seen by Reuters on Thursday showed, a decision whic...
Sep 29, 2022
Spain aims to increase revenue by 3.14 billion euros with new tax plans
By Beln Carreo MADRID (Reuters) -Spain's government hopes to increase its tax take by 3.14 billion euros ($3 billion) next year with a series of measures including a temporary wealth tax and corporate...
Sep 29, 2022
Fed’s Mester: U.S. financial instability not a major risk right now
By Michael S. Derby (Reuters) - Federal Reserve Bank of Cleveland President Loretta Mester said Thursday she does not see distress in U.S. financial markets that would alter the central bank's campaig...
Sep 29, 2022
Tunisian tattoo artist revives Berber designs for new generation
By Jihed Abidellaoui KAIROUAN, Tunisia (Reuters) - Tunisian tattoo artist Manel Mahdouani is reviving traditional Berber designs that had long been considered unfashionable but are now gaining in popu...
Sep 29, 2022
Saudi wealth fund’s Savvy Games Group to invest $37.8 billion
(Reuters) - Saudi Arabia's Savvy Games Group, owned by sovereign wealth fund PIF, will invest 142 billion riyals ($37.8 billion) across four initiatives as it aims to become a global hub for gaming, s...
Sep 29, 2022
Indonesian sovereign wealth fund draws $20 billion in co-investments
By Anshuman Daga and Yantoultra Ngui SINGAPORE (Reuters) - Indonesia's sovereign wealth fund has garnered more than $20 billion of co-investments from funds including Singapore's GIC and Abu Dhabi Inv...
Sep 29, 2022
Peoria, IL, USA
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