Category Archives:
Shopify to buy logistics firm Deliverr in $2.1 billion deal
(Reuters) -Canada's Shopify said on Thursday it would buy U.S.-based logistics firm Deliverr in a cash-and-stock deal valued at $2.1 billion, in a move to help mitigate supply chain snarls that have p...
May 05, 2022
Bank of England raises rates to 1% despite looming recession risk
By William Schomberg and David Milliken LONDON, May 5 (Reuters) - The Bank of England raised interest rates to their highest since 2009 at 1% on Thursday to counter inflation now heading above 10%, ev...
May 05, 2022
Aptiv profit tanks 74% on supply chain snags, higher costs
(Reuters) - Aptiv Plc posted lower first-quarter profit on Thursday, as surging raw material prices and a shortage of electrical components hindered the auto part supplier's deliveries in the quarter....
May 05, 2022
TotalEnergies shareholders urge regulator to ensure climate resolution included at next AGM
(Reuters) - A group of shareholders in French energy giant TotalEnergies urged the country's financial watchdog AMF to make sure that a rejected climate resolution will be put on the agenda at the nex...
May 05, 2022
ProSieben CEO rejects criticism from top investor MFE
BERLIN (Reuters) -ProSiebenSat.1 Chief Executive Rainer Beaujean called on shareholders to support the group's supervisory board at its annual general meeting on Thursday, as top investor MediaForEuro...
May 05, 2022
Musk secures over $7 billion funding from investors including Larry Ellison
(Reuters) - Elon Musk has secured $7.14 billion in funding from a group of investors that includes Oracle Corp co-founder Larry Ellison to fund his $44 billion takeover of social-media platform Twitte...
May 05, 2022
Economists expect higher rate hikes after RBI’s hike to tame inflation
By Manoj Kumar and Aftab Ahmed NEW DELHI (Reuters) - India's central bank is expected to frontload more aggressive interest rate hikes in its effort to tame high inflation, at least until its repo rat...
May 05, 2022
Bombardier reports smaller adjusted loss on steady business jet demand
(Reuters) - Business jet maker Bombardier Inc on Thursday reported a smaller quarterly adjusted loss, benefiting from higher jet demand as more wealthy travelers flew private due to the pandemic. Corp...
May 05, 2022
Apollo Global Management’s Q1 earnings rise threefold
By Chibuike Oguh (Reuters) - Apollo Global Management Inc said on Thursday its first-quarter earnings jumped more than three times thanks to strong growth in income from management fees and profit fro...
May 05, 2022
Brazilian brewer Ambev posts Q1 earnings beat as volumes grow
SAO PAULO (Reuters) - Brazilian brewer Ambev SA's first-quarter net income rose 29.1% from a year earlier as volumes increased, driven by its domestic and South American units, it said on Thursday, be...
May 05, 2022
Peoria, IL, USA
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