Category Archives:
Meet the company where staff work less, but produce more
By Lucien Libert LYON, France (Reuters) - When French company boss Laurent de la Clergerie decided to let his staff work a four-day week, on the same pay as before, he knew he risked hurting his botto...
Mar 16, 2022
Portugal to auction 3-4 GW of floating offshore wind farms in summer
By Sergio Goncalves LISBON (Reuters) - Portugal plans to hold its first auction for floating offshore farms this summer, which it hopes will be able to produce between 3 and 4 gigawatts (GW) of power ...
Mar 16, 2022
Hudson’s Bay considers bid for Kohl’s -Axios
(Reuters) -Hudson's Bay, the owner of Saks Fifth Avenue, is considering a bid for Kohl's Corp, Axios reported on Wednesday, citing sources. Kohl's, whose shares rose 5% in early trade, did not immedia...
Mar 16, 2022
LME to resume nickel trading at 1400 GMT, mulls wider price limit
LONDON (Reuters) - The London Metal Exchange (LME) will resume electronic nickel trading on Wednesday afternoon and is considering hiking its 5% price limit for the following day, the exchange said. T...
Mar 16, 2022
Stellantis launches venture capital fund with initial 300 million euro investment
MILAN (Reuters) - Carmaker Stellantis said on Wednesday it launched its first venture capital fund aimed at investing in startup companies developing technologies that could be deployed within the aut...
Mar 16, 2022
World Bank says Ukraine war may prompt grain shortages in poor countries
WASHINGTON (Reuters) - The World Bank on Wednesday said a number of developing countries face near-term wheat supply shortages due to their high dependence on Ukrainian wheat exports that have been cu...
Mar 16, 2022
Zelenskyy calls on U.S. Congress for more Russia sanctions, defense aid
WASHINGTON (Reuters) – Ukrainian President Volodymyr Zelenskyy called on the U.S. Congress on Wednesday for further military assistance to help protect the skies over Ukraine and for further san...
Mar 16, 2022
Exor increases stake in telecom operator Veon to more than 5%
MILAN (Reuters) - Exor, the holding company of Italy's Agnelli family, has increased its stake in Dutch-based mobile network operator Veon to 5.08% as of March 3, documents published by the Dutch Auth...
Mar 16, 2022
U.S. CFTC chair says markets ‘operating well’ amid extreme volatility
By John McCrank and Katanga Johnson BOCA RATON/WASHINGTON (Reuters) -The head of the U.S. derivatives markets regulator said on Wednesday that markets are "operating well" amid extreme volatility spar...
Mar 16, 2022
Exclusive-US Foods, pressured by hedge fund, eyes board shakeup -sources
By Svea Herbst-Bayliss (Reuters) - US Foods Holding Corp is interviewing potential candidates for its board as the food distributor tries to fend off a challenge from activist investor Sachem Head Cap...
Mar 16, 2022
Peoria, IL, USA
71 °F Fog
