Category Archives:
Disney’s Iger may have to cut costs as streaming loses money
(Reuters) - Bob Iger must show Wall Street a new side to his character as he returns to lead Walt Disney Co by cutting costs and restoring profits in just two years after splurging cash on acquisition...
Nov 21, 2022
Rivian employees file complaints of injuries, safety violations in Normal
NORMAL, Ill. — Rivian workers are accusing their employer of multiple safety violations at the company's Normal manufacturing plant, according to a new report from Bloomberg that details multipl...
Nov 21, 2022
Investor Irenic asks News Corp to explore alternatives to combination with Fox
(Reuters) - Activist investor Irenic Capital Management, which has a $150 million stake in News Corp, sent a letter to the company, asking its special committee formed to evaluate a deal with Fox Corp...
Nov 21, 2022
IMF to disburse $200 million to Democratic Rep. of Congo under credit line
DAKAR (Reuters) - The International Monetary Fund (IMF) said on Monday it would disburse $200 million to Democratic Republic of Congo for balance-of-payment support, pending executive board approval i...
Nov 21, 2022
Egypt’s central bank transfers subsidised loan programmes to govt in line with IMF demand
CAIRO (Reuters) - Egypt's central bank is transferring the administration and costs of its main subsidised loan programmes to the ministry of finance, according to a circular published on its website ...
Nov 21, 2022
India proposes framework to combat fake online reviews and ratings
By Mayank Bhardwaj and Nivedita Bhattacharjee NEW DELHI/BENGALURU (Reuters) - India launched a crack down on Monday against fake reviews and unverified ratings in a bid to make online interaction and ...
Nov 21, 2022
Czech central bank’s Mora prefers using rates rather than FX interventions-Seznam Zpravy
PRAGUE (Reuters) - Czech central bank Vice-Governor Marek Mora said on Monday he would favour using interest rates as the primary monetary policy tool to fight high inflation instead of interventions ...
Nov 21, 2022
India’s HDFC Bank, Canara Bank get cenbank nod for rupee trade with Russia – report
BENGALURU (Reuters) - The Reserve Bank of India has allowed HDFC Bank Ltd and Canara Bank Ltd to open a special "vostro account" for trade in rupees with Russia, local newspaper Business Standard repo...
Nov 21, 2022
Merck KGaA in push to become twice as productive in drug development
FRANKFURT (Reuters) - Germany's Merck KGaA on Monday said it aims to double the productivity of its research and development into oncology, neurology and immunology treatments. As part of the producti...
Nov 21, 2022
Italy’s Meloni to unveil budget with 30 billion euros to lift economy
By Giuseppe Fonte ROME (Reuters) - Italian Prime Minister Giorgia Meloni's first budget, due to be approved by her cabinet on Monday, will focus on curbing sky-high energy bills and cutting taxes for ...
Nov 21, 2022
Peoria, IL, USA
43 °F Thunderstorm In Vicinity, Light Rain, Mist
