Category Archives:
Whirlpool to exit Russia, take $300 million-$400 million hit in second quarter
(Reuters) - Whirlpool Corp has struck a deal to sell its operations in Russia to Turkish appliances maker Arelik AS, the U.S. company said on Tuesday, a move which will see it join a raft of Western f...
Jun 28, 2022
Solar developer Intersect gets $750 million investment from private equity firm TPG
(Reuters) - A top U.S. solar energy project developer on Tuesday announced a $750 million equity investment from the climate-focused private equity fund TPG Rise Climate. The announcement from TPG is ...
Jun 28, 2022
Walgreens abandons plan to sell UK-based Boots business
(Reuters) -Walgreens Boots Alliance on Tuesday scrapped its plan to sell its UK high street pharmacy chain, Boots, saying no third party was able to make an adequate offer due to the turmoil in the gl...
Jun 28, 2022
China’s economy recovering but foundation not solid, premier says
BEIJING (Reuters) -China's economy has recovered to some extent, but its foundation is not solid, state media on Tuesday quoted Premier Li Keqiang as saying. China will strive to drive the economy bac...
Jun 28, 2022
Futures rise as easing China COVID curbs lift travel, leisure stocks
By Shreyashi Sanyal (Reuters) - Travel and leisure shares propped up U.S. stock index futures after China relaxed some COVID-19 quarantine requirements for international travelers, raising hopes of a ...
Jun 28, 2022
Easing chip shortages to help Volkswagen in H2 – CEO
BERLIN (Reuters) - Volkswagen sees a strong second half of 2022 and expects progress in catching up with rival Tesla as easing chip shortages start to offset supply chain bottlenecks and rising costs,...
Jun 28, 2022
Explainer-Why the survival of Scandinavian airline SAS hinges on Denmark
By Jacob Gronholt-Pedersen and Nikolaj Skydsgaard COPENHAGEN (Reuters) - Swedish loss-making airline SAS is fighting for survival, the latest carrier to hit financial straits due to hefty debts, stiff...
Jun 28, 2022
G7 to tackle cyber threats and disinformation from Russia: communique
GARMISCH-PARTENKIRCHEN, Germany (Reuters) - The Group of Seven leaders agreed on Tuesday to strengthen their countries' defences against foreign disinformation and cyber attacks, including threats pos...
Jun 28, 2022
Swiss top court upholds ban on foreign online betting operators
ZURICH (Reuters) - Switzerland's supreme court has upheld a ban on accessing foreign online gambling sites, dashing the hopes of three betting outfits to tap the Swiss market. The Federal Court said i...
Jun 28, 2022
France’s Macron: must stick with climate change goals despite pressures on energy markets
SCHLOSS ELMAU, Germany (Reuters) - French President Emmanuel Macron told the G7 summit in Germany that major world nations had to continue with climate change and environmental goals, despite current ...
Jun 28, 2022
Peoria, IL, USA
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