Category Archives:
Rouble steadies near 60 vs dollar, Yandex shares outperform market
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) - The Russian rouble firmed slightly on Tuesday after initially easing...
Aug 23, 2022
VW aims to take stakes in Canadian mines, mine operators – Handelsblatt
BERLIN (Reuters) - Volkswagen aims to enter the mining business in Canada to ensure its raw material supply for battery production, a board member for the German carmaker told Handelsblatt daily. "We ...
Aug 23, 2022
Euro zone business activity contracted for second straight month in Aug -flash PMI
LONDON (Reuters) - Business activity in the euro zone contracted for a second straight month in August as the cost of living crisis forced consumers to cut spending while supply constraints also hurt ...
Aug 23, 2022
Founder of China’s Huawei urges focus on cash flow, survival in downturn – media
SHENZHEN, China (Reuters) - The founder of China's Huawei Technologies has told employees the company must shift its focus from pursuing scale to ensuring profits and cash flow as the global economy e...
Aug 23, 2022
U.S. embassy issues new security alert for Ukraine, urges U.S. citizens to leave
KYIV (Reuters) - The U.S. Embassy in Kyiv, warning of an increased possibility of Russian military strikes on Ukraine in the coming days around Ukrainian independence day, has again urged U.S. citizen...
Aug 23, 2022
Russia’s VK drops Sberbank venture as part of Yandex tech deal
MOSCOW (Reuters) -Russian tech firm VK on Tuesday said it had exited its joint venture with top lender Sberbank, paving the way for a deal with competitor Yandex that may have significant ramification...
Aug 23, 2022
Russia tightens grip on media landscape as Yandex sells homepage, news to rival VK
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) - Russia's leading internet firm Yandex on Tuesday said it had agreed ...
Aug 23, 2022
Olympus nearing deal to sell microscope unit for over $2 billion – sources
By Kane Wu and Makiko Yamazaki HONG KONG (Reuters) - Japan's Olympus Corp is close to selling its microscope unit to a private equity firm in a deal that could fetch more than 300 billion yen ($2.2 bi...
Aug 23, 2022
China developer Shimao looks to repay $11.8 billion debt over 3-8 years -sources
By Clare Jim and Xie Yu HONG KONG (Reuters) -Cash-strapped Chinese developer Shimao Group has proposed a two-class restructuring plan to offshore creditors to repay $11.8 billion over a period of thre...
Aug 23, 2022
Cryptoverse: A mixer with your crypto cocktail?
By Lisa Pauline Mattackal (Reuters) - The DeFi dream is shaken. And stirred. The grand crypto project has declined in 2022: total user funds deposited in decentralized finance has shrunk to about $61 ...
Aug 23, 2022
Peoria, IL, USA
81 °F Sunny
