Category Archives:
Brazil central bank holds interest rates ahead of presidential vote
BRASILIA (Reuters) - Brazil's central bank on Wednesday held interest rates at a nearly six-year high for the second policy meeting in a row, ahead of a tight presidential runoff vote this weekend. Th...
Oct 26, 2022
FAA ends COVID minimum international flight waiver at NY, DC airports
WASHINGTON (Reuters) - The Federal Aviation Administration (FAA) said on Wednesday it is ending temporary waivers of minimum international flight requirements at some major U.S. airports first adopted...
Oct 26, 2022
Merck’s CEO to succeed Ken Frazier as chairman
(Reuters) - Merck & Co said on Wednesday Chief Executive Officer Rob Davis would succeed Chairman Ken Frazier, taking on the additional role effective Dec. 1. Frazier, who has been a key growth driver...
Oct 26, 2022
Australia’s Lynas Rare Earths first-quarter revenue rises nearly 35%
(Reuters) - Australia's Lynas Rare Earths on Thursday reported a 34.7% rise in first-quarter revenue on a surge in demand for specialised metals used in electric vehicle components. The world's larges...
Oct 26, 2022
JPMorgan M&A co-head urges potential buyers to be proactive, sees more health deals
By Abigail Summerville NEW YORK (Reuters) - Companies that are considering acquisitions should use a slowdown in deals to scope out potential targets, Anu Aiyengar, global co-head of mergers and acqui...
Oct 26, 2022
ANZ’s annual cash profit rises 5% on home loan boost, higher interest rates
(Reuters) -Australia and New Zealand Banking Group Ltd on Thursday reported a 5% rise in full-year cash profit as its home loans business improved and higher interest rates boosted margins in the seco...
Oct 26, 2022
Monro considers reforms after pressure by activist firm Ides Capital
By Svea Herbst-Bayliss NEW YORK (Reuters) - Monro Inc on Wednesday said it plans to refresh its board of directors and will consider restructuring its equity shares after calls from an activist invest...
Oct 26, 2022
Yellen to visit Cleveland to tout Biden efforts to revive U.S. manufacturing
(Reuters) - U.S. Treasury Secretary Janet Yellen will travel to Cleveland on Thursday to promote the Biden administration's economic initiatives aiming to revive U.S. manufacturing, especially in over...
Oct 26, 2022
Volkswagen no longer investing in self-driving startup Argo AI
BERLIN (Reuters) - Volkswagen AG is no longer investing in Argo AI, the company said on Wednesday, concentrating its automated driving efforts on its existing partnerships with Bosch and Horizon Robot...
Oct 26, 2022
Ford reports net loss on decision to shift spending from Argo AI
DETROIT (Reuters) -Ford Motor Co on Wednesday reported a third-quarter net loss driven by its decision to shift spending from the Argo AI self-driving business. Ford posted a net loss of $827 million,...
Oct 26, 2022
Peoria, IL, USA
55 °F Sunny
