Category Archives:
Morgan Stanley CEO says 50-50 chance U.S. economy enters recession
NEW YORK (Reuters) - Morgan Stanley Chief Executive Officer James Gorman said on Monday that he thinks there is a roughly 50% chance that the U.S. economy will enter a recession, speaking at a confere...
Jun 13, 2022
Crypto firm BlockFi to cut headcount by 20%
(Reuters) - Cryptocurrency firm BlockFi said on Monday it would reduce its headcount by about 20% as it takes on a strategic review of its priorities amid difficult market conditions. BlockFi said the...
Jun 13, 2022
‘War is good for business’ as drive to arm Ukraine looms over French expo
By John Irish and Lucien Libert VILLEPINTE, France (Reuters) - Next to Ukraine's stand at the world's largest arms fair for ground forces on Monday, U.S. manufacturer Lockheed Martin proudly displays ...
Jun 13, 2022
Ferrari names Carla Liuni new chief brand officer
MILAN (Reuters) - Ferrari on Monday named former jewellery executive Carla Liuni as its new chief brand officer as the Italian luxury carmaker pushes ahead with an ambitious strategy launched a year a...
Jun 13, 2022
Prologis in $26 billion deal for Duke Realty as easing storage demand worries rise
By Aishwarya Nair (Reuters) -Prologis Inc will acquire Duke Realty Corp in a nearly $26 billion all-stock deal, including debt, the companies said on Monday, as the world's largest warehouse owner see...
Jun 13, 2022
Jack Daniels and Coca-Cola mix it up with official cocktail can
(Reuters) - Jack and Coke fans will soon be able to sip the cocktail at home after Coca-Cola and Jack Daniels whiskey maker Brown-Forman said they plan to offer it in a can. The 'official' mix represe...
Jun 13, 2022
Russian shopping malls lose up to 30% of footfall, developer’s son says
(Reuters) - Russian shopping malls are "de-energised" and have lost up to 30% of their footfall following the exodus of Western brands, the son of one of Russia's most prominent property developers wa...
Jun 13, 2022
Canada to invest up to C$100 million to develop low-emission BHP potash mine
OTTAWA (Reuters) - Canada will partner with the world's largest miner BHP Group Ltd and invest up to C$100 million ($77.83 million) in the development of a low emissions potash mine in Jansen, Saskatc...
Jun 13, 2022
Long queues at Lisbon airport to extend into summer – Union
By Sergio Goncalves LISBON (Reuters) - Long lines of passengers forced to wait hours at Lisbon airport are unlikely to ease into the main summer tourist season despite plans to almost double border co...
Jun 13, 2022
Mick Jagger positive for COVID-19, Amsterdam Rolling Stones concert postponed
AMSTERDAM (Reuters) -The Rolling Stones postponed a concert on Monday in Amsterdam after lead singer Mick Jagger tested positive for COVID-19, the band said in a statement. "The Rolling Stones are dee...
Jun 13, 2022
Peoria, IL, USA
73 °F Partly cloudy
