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Biden to cite progress unsnarling supply chain in meeting with labor, industry
By Steve Holland WASHINGTON (Reuters) - President Joe Biden will host a meeting on Wednesday to hail progress in addressing supply chain problems weighing on the economy and threatening the holiday se...
Syndicated Content Oct 13, 2021
Cloud computing firm OVHcloud says experiences network outage
PARIS (Reuters) - French cloud computing services provider OVHcloud said on Wednesday it was experiencing a network outage. OVHcloud said on Twitter a human error during a network reconfiguration was ...
Syndicated Content Oct 13, 2021
More UAE dollar bonds expected next year, local currency issues to follow
DUBAI (Reuters) - The United Arab Emirates federal government will be in the market next year for more dollar bond issuances and is working on plans to issue local currency debt, a finance ministry of...
Syndicated Content Oct 13, 2021
Austria plans budget deficit within EU’s 3% limit next year
VIENNA (Reuters) - Austria's budget deficit will be 2.3% of economic output next year, falling below the European Union's 3% limit and shrinking from 6% this year, as growth improves and the COVID-19 ...
Syndicated Content Oct 13, 2021
Etihad raises $1.2 billion in first sustainability-linked ESG loan in aviation
DUBAI (Reuters) - Etihad Airways has raised $1.2 billion in the first sustainability-linked loan related to environmental, social and governance (ESG) targets in global aviation, the company said on W...
Syndicated Content Oct 13, 2021
G7 advisors urge big changes to manage risks to global economy
LONDON (Reuters) - The governance of the world economy needs to be overhauled to ensure it can withstand future health and economic shocks, as well as challenges posed by climate change and the rise o...
Syndicated Content Oct 13, 2021
Volkswagen considering cutting up to 30,000 jobs -Handelsblatt
BERLIN (Reuters) - Volkswagen is considering cutting up to 30,000 jobs to cut costs and improve competitiveness with players such as Tesla, German daily Handelsblatt reported on Wednesday. It cited a ...
Syndicated Content Oct 13, 2021
Deutsche Bank vows vigorous defence in lawsuit by Spanish hotel group
FRANKFURT (Reuters) - Deutsche Bank said on Wednesday that it would vigorously defend itself against a lawsuit by a Spanish hotel group claiming losses on derivatives products. The statement is in res...
Syndicated Content Oct 13, 2021
Exclusive: China readies plan to elevate status of antitrust unit – sources
BEIJING (Reuters) - China is considering boosting the status of its antitrust bureau within the market regulatory agency as it steps up a campaign against anti-competitive behaviour, two people famili...
Syndicated Content Oct 13, 2021
European stocks extend losses, SAP shines after forecast lift
(Reuters) - European stocks extended losses on Wednesday as investors were unnerved by the prospect of rising inflation slowing growth, while software group SAP's strong earnings forecast helped limit...
Syndicated Content Oct 13, 2021
Peoria, IL, USA
44 °F Mist
