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Electric vehicles could take 33% of global sales by 2028-AlixPartners
By Paul Lienert DETROIT (Reuters) - Electric vehicle sales could reach 33% globally by 2028 and 54% by 2035, as demand accelerates in most major markets, consultant AlixPartners said on Wednesday. EVs...
Syndicated Content Jun 22, 2022
Factbox-From Meta to Peloton, companies slow hiring as economy sputters
(Reuters) - Decades-high inflation and the fallout from the Ukraine crisis have pressured many companies across the globe to consider laying off people or put a freeze on hiring. Following is a list o...
Syndicated Content Jun 22, 2022
Putin signs decree on new scheme to services Eurobonds as possible default looms
MOSCOW (Reuters) -Russian President Vladimir Putin signed a decree on Wednesday establishing temporary procedures to fulfil foreign debt obligations, as investors keep a close eye on a potential defau...
Syndicated Content Jun 22, 2022
IKEA stores owner Ingka hopeful of return to Russia one day
COPENHAGEN (Reuters) - IKEA stores owner Ingka Group said on Wednesday in response to speculation that it might resume sales in Russia that it was open to returning one day but the conditions were not...
Syndicated Content Jun 22, 2022
Minnesota city to pay $3.25 million to Daunte Wright’s family, attorneys say
By Brendan O'Brien (Reuters) - A Minneapolis suburb agreed to settle a lawsuit and pay $3.25 million to the family of Daunte Wright, a Black motorist killed during a traffic stop by a white police off...
Syndicated Content Jun 22, 2022
U.S. FDA to order Juul e-cigarettes off market – WSJ
(Reuters) - The U.S. Food and Drug Administration is preparing to order Juul Labs Inc to take its e-cigarettes off the market in the United States, the Wall Street Journal reported on Wednesday, citin...
Syndicated Content Jun 22, 2022
Crypto broker Voyager likely to issue default notice to Three Arrows
(Reuters) - Crypto broker Voyager Digital Ltd said on Wednesday its subsidiary may issue a default notice to Three Arrows Capital Ltd if the cryptocurrency hedge fund fails to repay its loan. Voyager'...
Syndicated Content Jun 22, 2022
Global food makers, retailers remain in crisis mode
By Padraic Halpin, Conor Humphries and Richa Naidu DUBLIN/LONDON (Reuters) - Global retailers and consumer goods makers remain in crisis mode and expect consumer behavior to remain unpredictable for t...
Syndicated Content Jun 22, 2022
Shopify unveils new tools, Twitter tie-up to beat e-commerce slowdown
By Nivedita Balu (Reuters) - Shopify Inc has launched new tools to help its merchants sell to other businesses and on Twitter, as the Canadian tech giant attempts to shore up sales to counter a post-p...
Syndicated Content Jun 22, 2022
China will step up supervision over large payment firms- state media
BEIJING (Reuters) - China will step up the supervision of large payment firms to ward off systemic financial risks and to support platform companies in servicing the real economy, state TV reported on...
Syndicated Content Jun 22, 2022

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