Category Archives:
Nobel laureate Doudna’s biotech Mammoth hits over $1 billion in valuation
By Manas Mishra (Reuters) - Mammoth Biosciences, co-founded by Nobel laureate Jennifer Doudna, touched a valuation of more than $1 billion after raising $150 million in its latest funding round. Doudn...
Syndicated Content Sep 09, 2021
Walmart to scrap quarterly bonuses for store workers – WSJ
(Reuters) -Walmart Inc is phasing out its decades-old quarterly bonuses for store workers as it implements hourly wage raises for employees, the Wall Street Journal reported https://on.wsj.com/3BUrgpZ...
Syndicated Content Sep 09, 2021
U.S. weekly jobless claims near 18-month low
WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits fell last week to the lowest level in nearly 18 months, offering more evidence that job growth was being hindered ...
Syndicated Content Sep 09, 2021
Chad hopes for ‘favourable opinion’ from Glencore on debt restructuring
By Mahamat Ramadane N'DJAMENA (Reuters) - Unable to honour internal debt commitments, authorities in Chad are hoping for a "favourable opinion" from Glencore Plc on restructuring the country's commerc...
Syndicated Content Sep 09, 2021
ECB takes token step towards dialling down pandemic-era stimulus
LONDON (Reuters) - The European Central Bank said on Thursday it would slow bond purchases under its 1.85 trillion-euro Pandemic Emergency Purchase Programme (PEPP) from the 80 billion euros monthly p...
Syndicated Content Sep 09, 2021
Blockstream to partner with Australia’s Macquarie for green bitcoin mining
(Reuters) - Blockchain firm Blockstream Mining said on Thursday it would partner with Australian financial conglomerate Macquarie Group to develop bitcoin mining facilities that use renewable energy. ...
Syndicated Content Sep 09, 2021
Nio may delay Hong Kong listing to next year – Bloomberg News
(Reuters) - Chinese electric vehicle maker Nio Inc may delay its planned Hong Kong listing to next year, Bloomberg News reported on Thursday, citing people familiar with the matter. The U.S.-traded co...
Syndicated Content Sep 09, 2021
Futures drop ahead of jobless claims data as recovery concerns weigh
(Reuters) - U.S. stock index futures fell on Thursday ahead of weekly jobless claims data, as uncertainty around Federal Reserve's monetary tapering timeline and signs of slowing economic growth were ...
Syndicated Content Sep 09, 2021
Inflationary pressures force Lebanese to make tough choices
By Maha El Dahan and Alaa Kanaan BEIRUT (Reuters) - Ibrahim Jaber was laid off when the fast food restaurant where he worked as a chef in Beirut shut down. Unable to find another job, he had to take h...
Syndicated Content Sep 09, 2021
New York extends post-Brexit gains in euro swaps trading
By Huw Jones LONDON (Reuters) - New York has increased its market share in trading euro interest rate swaps at London's expense, data group OSTTRA said on Thursday, in the latest sign of how global fi...
Syndicated Content Sep 09, 2021
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