Category Archives:
Explainer-Costs of nickel and cobalt used in electric vehicle batteries
By Pratima Desai LONDON (Reuters) - Rising sales of electric vehicles (EVs) and a scramble along the supply chain to secure materials have propelled prices of battery ingredients nickel, cobalt and li...
Feb 03, 2022
U.S. service sector slows in January; input prices remain elevated – ISM survey
WASHINGTON (Reuters) - A measure of U.S. services industry activity dropped to an 11-month low in January as a resurgence in COVID-19 infections hurt demand at high contact businesses and kept workers...
Feb 03, 2022
Analysis-Fearing Fed error, investors track less obvious parts of yield curve
By Davide Barbuscia NEW YORK (Reuters) - Investors seeking to gauge the impact of the U.S. Federal Reserve's rate-hiking plans are keeping an eye on less closely watched corners of the U.S. Treasuries...
Feb 03, 2022
Carlsberg looks beyond beer for growth in new strategy
COPENHAGEN (Reuters) -Danish brewer Carlsberg said on Thursday it would look for growth beyond its core beer market over the next five years to focus on categories like cider, seltzers and alcohol fre...
Feb 03, 2022
Electric car transition puts over 70,000 jobs at risk in Italy, unions and lobby say
MILAN (Reuters) - The transition to electric vehicles will put around 73,000 jobs at risk in Italy, metal workers' unions and a lobby group said on Thursday, calling on the government to start discuss...
Feb 03, 2022
Ex-head of U.S. Human Rights Campaign sues group over alleged racial discrimination – Washington Post
(Reuters) - The former president of the Human Rights Campaign, the largest LGBTQ advocacy group in the United States, filed a lawsuit on Thursday accusing the organization of racial discrimination in ...
Feb 03, 2022
Senator Pat Toomey says Fed nominee Jefferson is ‘well-suited’ to job
NEW YORK (Reuters) - Republican Senator Pat Toomey expressed support Thursday for Philip Jefferson, one of President Joe Biden's nominees for the Federal Reserve board. "I think Professor Jefferson is...
Feb 03, 2022
Snow plowing going better than anticipated in Pekin
PEKIN, Ill – Clearing the roads of snow in Pekin might be going a bit better than one official thought they would. “We, actually, are there (in the residential areas),” said Brett Ol...
Feb 03, 2022
Greece plans to repay last IMF bailout loans early – sources
By Lefteris Papadimas ATHENS (Reuters) - Greece plans to repay more than 7 billion euros in loans from the International Monetary Fund and eurozone partners in the next two months, paying down the res...
Feb 03, 2022
EU lawmaker warns ‘conservative’ regulators not to hold back insurers
By Huw Jones LONDON (Reuters) - Leaving critical insurance capital rule changes to 'conservative' regulators may not free up the billions of euros needed for the European Union economy to recover from...
Feb 03, 2022
Peoria, IL, USA
73 °F Sunny
