Category Archives:
Ericsson to wind down business activities in Russia over coming months
STOCKHOLM/MOSCOW (Reuters) -Ericsson said on Monday it will gradually wind down business activities in Russia over the coming months as the Swedish telecoms equipment maker completes its obligations t...
Aug 29, 2022
IKEA stores owner buys 49% stake in Swedish wind power projects
STOCKHOLM (Reuters) - Ingka Group, the owner of most IKEA stores worldwide, on Monday said it has agreed to buy a 49% stake in three wind development projects offshore Sweden from renewables developme...
Aug 29, 2022
Oil trio’s Northern Lights in Yara CO2 emissions storage deal
By Nerijus Adomaitis and Nora Buli STAVANGER, Norway (Reuters) -Norwegian carbon dioxide (CO2) storage company Northern Lights and its owners have agreed to store emissions captured at fertiliser make...
Aug 29, 2022
Russian rouble steadies near 60.5 vs dollar in early Moscow trade
MOSCOW (Reuters) - The Russian rouble steadied near its lowest in more than a week against the dollar in early Moscow trade after the peak of a favourable tax payments period passed and as Russian sto...
Aug 29, 2022
S.Korea to raise concerns about EV credits, battery sourcing in U.S. visit
By Heekyong Yang and Joyce Lee SEOUL (Reuters) - South Korean officials will meet U.S. counterparts this week to express "concerns" about the Inflation Reduction Act, which restricts who can receive U...
Aug 29, 2022
European shares fall sharply as policymakers seek to tame hot inflation
(Reuters) - European shares dropped sharply on Monday while bond yields surged as comments from central bank policymakers heightened fears of aggressive measures to stamp out inflation amid rising ris...
Aug 29, 2022
Dutch soldier dies after shooting in the United States
AMSTERDAM (Reuters) - A Dutch special forces soldier shot outside his hotel in the U.S. city of Indianapolis three days ago has died of his injuries, the Dutch Defence Ministry said on Monday. Three D...
Aug 29, 2022
Sri Lanka’s president to cut spending in interim budget
By Uditha Jayasinghe COLOMBO (Reuters) - Sri Lanka's president is set to slash expenditure when he presents an interim budget on Tuesday to see the crisis-ridden country through the rest of the year, ...
Aug 29, 2022
Japan’s Olympus to sell microscope unit to Bain for $3 billion
TOKYO (Reuters) - Olympus Corp said on Monday it has agreed to sell its microscope unit to private equity firm Bain Capital for 427.6 billion yen ($3.08 billion) as the Japanese company focuses its re...
Aug 29, 2022
Indonesia to shift $1.6 billion portion of fuel subsidy budget to welfare programmes
JAKARTA (Reuters) -Indonesia will reallocate 24.17 trillion rupiah ($1.62 billion), or nearly 5%, of its fuel subsidy budget to social spending, including cash handouts to 20.65 million households, it...
Aug 29, 2022
Peoria, IL, USA
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