Category Archives:
Nestle aims to generate quarter of total sales from e-commerce by 2025
(Reuters) - Nescafe coffee maker Nestle on Wednesday said it expects to nearly double its e-commerce sales to 25% of its group total by 2025 by increasing marketing and technological investments. "We ...
Nov 17, 2021
Brazil government cuts GDP forecasts, raises inflation outlook
BRASILIA (Reuters) - Brazil's economy ministry on Wednesday cut its forecasts for GDP growth this and next year, while it raised its outlook for inflation, showing some economic deterioration on its r...
Nov 17, 2021
Off the grid: Chinese data law adds to global shipping disruption
By Jonathan Saul and Eduardo Baptista LONDON/HONG KONG (Reuters) - Ships in Chinese waters are disappearing from tracking systems following the introduction of a new data law in China, frustrating eff...
Nov 17, 2021
A new quantum computer startup from Harvard, MIT raises $17M
By Jane Lanhee Lee OAKLAND, Calif (Reuters) - A new quantum computer startup born from researchers at Harvard University and Massachusetts Institute of Technology (MIT) called QuEra Computing said on ...
Nov 17, 2021
German regulator’s Nord Stream 2 move may delay commissioning to March -sources
By Andreas Rinke and Vera Eckert FRANKFURT (Reuters) - A German regulator's decision to suspend licensing of the Nord Stream 2 pipeline could delay commissioning of the infrastructure to March 2022, g...
Nov 17, 2021
U.S. plans to invest billions in manufacturing COVID-19 vaccine
WASHINGTON (Reuters) - The United States is planning to invest billions of dollars in expanding COVID-19 manufacturing capacity to have at least a billion doses by the second half of next year, the Ne...
Nov 17, 2021
Brazil’s CloudWalk valued at $2.15 billion after Coatue-led investment
(Reuters) - Brazilian financial technology company CloudWalk said on Wednesday it was valued at $2.15 billion after a funding round led by Coatue, an investment firm focused on companies in the techno...
Nov 17, 2021
T.J. Maxx owner tops sales estimates as customers splurge on outfits
(Reuters) -TJX Cos Inc beat estimates for quarterly sales on Wednesday on strong demand for its discounted products as people returning to work and colleges splurged on refreshing their wardrobes. Sal...
Nov 17, 2021
ECB must be attentive and vigilant on inflation: de Guindos
FRANKFURT (Reuters) - The European Central Bank must be "attentive" and "vigilant" with regard to inflation as a lingering price shock could seep into underlying price growth via wages, ECB Vice Presi...
Nov 17, 2021
Eisenach, Russelsheim plants to remain part of Opel after rumours of splitoff – union
BERLIN (Reuters) - Stellantis' Opel's largest plant in Russelsheim and a second plant in Eisenach, Germany will remain part of the Opel Automobile Group, German union IG Metall said on Wednesday after...
Nov 17, 2021
Peoria, IL, USA
47 °F Mist
