Category Archives:
Chipmaker GlobalFoundries prices IPO at upper end to raise $2.6 billion
By Anirban Sen, Krystal Hu and Echo Wang (Reuters) -Chipmaker GlobalFoundries Inc said on Wednesday it sold shares in its initial public offering (IPO) at $47 a piece, at the higher end of its targete...
Oct 27, 2021
Fashion firm Rent the Runway struts into Wall St with $1.7 billion valuation
By Niket Nishant (Reuters) -Fashion company Rent the Runway was on Wednesday valued at $1.7 billion after its shares opened nearly 10% above their initial public offering price, the latest consumer-fa...
Oct 27, 2021
UK car output falls to lowest September level since 1982
LONDON (Reuters) - British car production fell by 41.5% year-on-year last month to its lowest level for a September since 1982, according to an industry body, as a lack of semiconductor chips continue...
Oct 27, 2021
Exclusive-Lloyd’s of London ups climate pledge, to push members on net zero
By Simon Jessop and Carolyn Cohn LONDON (Reuters) - Lloyd's of London said on Thursday it would join peers in scaling up efforts to cut carbon emissions and push members of the commercial insurance ma...
Oct 27, 2021
First reality check launched for corporate climate claims
By Shadia Nasralla LONDON (Reuters) - A U.N.-backed body launched a scheme to verify corporates' net zero strategies on Thursday that is likely to become a standard for regulators and investors to mea...
Oct 27, 2021
El Salvador adds nearly $25 million in bitcoin to state coffers, says president
SAN SALVADOR (Reuters) - The Salvadoran government acquired 420 more bitcoin on Wednesday, President Nayib Bukele announced on social media, as the Central American doubled down on its splashy cryptoc...
Oct 27, 2021
U.S. SEC will not greenlight leveraged bitcoin fund – WSJ
(Reuters) - The U.S. Securities and Exchange Commission (SEC) has asked at least one asset manager to scrap plans for a leveraged bitcoin exchange-traded fund, the Wall Street Journal reported on Wedn...
Oct 27, 2021
Microsoft nearly overtakes Apple as most valuable company
(Reuters) - A surge in Microsoft Corp's shares nearly unseated Apple Inc as the world's most valuable company on Wednesday, a day before the iPhone maker reports its quarterly results. Fueled by stron...
Oct 27, 2021
PPD: Woman’s body discovered “with obvious trauma” triggers death investigation
Peoria, Ill — Peoria Police are launching a death investigation following the discovery of a woman’s body on Wednesday. Officers say they got called to a home along North Dechman Avenue, j...
Oct 27, 2021
ECB to push back over mounting rate-hike expectations
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) - The European Central Bank is all but certain to keep policy unchanged on Thursday and push back against growing expectations for an interes...
Oct 27, 2021
Peoria, IL, USA
39 °F Light Rain
