Category Archives:
Logitech to wind down remaining operations in Russia
MOSCOW (Reuters) - Logitech International said on Monday it would wind down its remaining operations in Russia due to the "ongoing uncertain environment", joining other major technology and telecoms b...
Aug 29, 2022
India does not plan to restrict low-cost foreign smartphone sales
NEW DELHI (Reuters) - India's IT ministry has no proposal to restrict sales of foreign smartphone brands that cost below $150, a junior minister said on Monday, after reports suggested New Delhi could...
Aug 29, 2022
Boeing receives order for eight more 767 freighter jets from UPS
(Reuters) - Boeing Co said on Monday package delivery giant United Parcel Services Inc had placed an order for additional eight 767 freighter jets. The new order will bring UPS' 767 freighter fleet to...
Aug 29, 2022
U.S. govt to provide $11 million for production of monkeypox vaccine
(Reuters) -The U.S. government said on Monday it would provide about $11 million to support the packaging of Bavarian Nordic's Jynneos monkeypox vaccine at a U.S.-based manufacturer's facility. The De...
Aug 29, 2022
Light Street Capital to vote against Zendesk $10.2 billion go-private deal
(Reuters) -Zendesk Inc's investor Light Street Capital Management said on Monday it will vote against the software company's $10.2 billion deal to go private and instead proposed that Zendesk remain a...
Aug 29, 2022
ECB should raise rates at steady pace, chief economist says
FRANKFURT (Reuters) -The European Central Bank should raise interest rates at a "steady pace" until the end of its hiking cycle, partly to maintain room to correct the policy path if circumstances cha...
Aug 29, 2022
Russia says economy to contract by less than 3% in 2022
(Reuters) - Russia's economy will contract by less than 3% this year, First Deputy Prime Minister Andrei Belousov said on Monday, as a strong jobs market helps cushion the economy from the fallout fro...
Aug 29, 2022
Russia’s inflation will be 12-13% in 2022, Kremlin aide says
(Reuters) - Russia's First Deputy Prime Minister Andrei Belousov said inflation will come in at 12-13% in 2022, below earlier expectations, as the economy looks set to defy the gloomiest predictions o...
Aug 29, 2022
Floods, other water-related disasters could cost global economy $5.6 trillion by 2050 -report
By Gloria Dickie LONDON (Reuters) - Worsening droughts, storms and torrential rain in some of the world's largest economies could cause $5.6 trillion in losses to the global economy by 2050, according...
Aug 29, 2022
NASA postpones debut test flight of next-generation moon megarocket
CAPE CANAVERAL, Fla. (Reuters) -NASA on Monday postponed for at least four days the launch of its colossal next-generation rocketship on a long-awaited debut test flight, a planned six-week uncrewed v...
Aug 29, 2022
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