Category Archives:
China to stabilise automobile, consumer electronics consumption
BEIJING (Reuters) - China will make efforts to stabilise automobile, consumer electronics consumption, and expand home appliances and green building materials consumption, the Ministry of Industry and...
Syndicated Content Mar 23, 2023
The long-running crisis at Japan’s Toshiba
By Makiko Yamazaki TOKYO (Reuters) - Toshiba Corp's board on Thursday accepted a buyout offer from a group led by private equity firm Japan Industrial Partners (JIP), ending months of speculation over...
Syndicated Content Mar 23, 2023
TSX futures edge higher as bullion prices gain
(Reuters) - Futures for Canada's main stock index were slightly up on Thursday as bullion advanced but lower crude oil prices kept a lid on gains for the commodity-heavy bourse. March futures on the S...
Syndicated Content Mar 23, 2023
Italy preparing new $5.5 billion euro package to offset costly energy bills, sources say
By Giuseppe Fonte ROME (Reuters) - Italy is preparing a new package of measures worth around 5 billion euros ($5.5 billion) to help businesses and families cope with costly energy bills which it plans...
Syndicated Content Mar 23, 2023
BofA, UBS trim forecast for Fed funds rate amid banking crisis
(Reuters) - Bank of America and UBS trimmed their terminal rate expectations on Thursday after the U.S. Federal Reserve hinted that it might pause its rate-hike campaign due to the turmoil in the bank...
Syndicated Content Mar 23, 2023
Chinese search giant Baidu invests in RISC-V chip technology startup StarFive
SHANGHAI (Reuters) - Shanghai-based RISC-V chip technology company StarFive said on Thursday that it has received a strategic investment from Chinese search giant Baidu Inc. The company added that to ...
Syndicated Content Mar 23, 2023
General Mills raises annual sales forecast on steady demand, price hikes
(Reuters) - General Mills Inc raised its annual sales forecast after posting better-than-expected quarterly sales on Thursday, benefiting from price increases and resilient demand for its snack bars, ...
Syndicated Content Mar 23, 2023
Bombardier lifts 2025 financial targets amid strong business jet market
By Allison Lampert MONTREAL (Reuters) - Canadian business jet maker Bombardier Inc on Thursday raised its 2025 revenue and free cash flow targets at its investor day, capitalizing on strong demand for...
Syndicated Content Mar 23, 2023
Ford sees $3 billion pretax loss in its EV business this year
By Paul Lienert (Reuters) - Ford Motor Co expects its electric vehicle business unit to lose $3 billion this year, but remains on track to achieve a pretax margin of 8% by late 2026, the company said....
Syndicated Content Mar 23, 2023
Apple considers bidding for English football streaming rights – Bloomberg News
(Reuters) - Apple Inc is considering bidding for streaming rights of a range of English football games, Bloomberg News reported on Thursday, citing people familiar with the situation. The rights under...
Syndicated Content Mar 23, 2023
Peoria, IL, USA
52 °F Rain
