Category Archives:
Musk denies report on SpaceX’s plans for new funding from Saudi, UAE
(Reuters) - Elon Musk, the billionaire founder of SpaceX, on Friday denied a media report from earlier this week that said investors from Saudi Arabia and the United Arab Emirates were planning to inv...
Syndicated Content Mar 24, 2023
Germany softens stance in e-fuels dispute – Spiegel
BERLIN (Reuters) - Germany's transport ministry is softening its stance in a conflict between Berlin and Brussels over a phase-out of combustion engines, presenting a compromise proposal to the EU Com...
Syndicated Content Mar 24, 2023
China’s CATL to start mass output of M3P batteries this year
SHANGHAI (Reuters) -Chinese battery giant CATL plans this year to start mass production and delivery of batteries based on a new materials technology, M3P, which will perform better and cost less than...
Syndicated Content Mar 24, 2023
Deutsche Bank shares whipsaw after CDS blow-out
LONDON/FRANKFURT (Reuters) - Deutsche Bank shares dropped as much as 3.4% in Friday's premarket trade, after a sharp jump in the cost of insuring against the risk of default late the day before fuelle...
Syndicated Content Mar 24, 2023
Smiths Group upgrades forecasts after first-half profit jumps
LONDON (Reuters) - British industrial technology company Smiths Group upgraded its annual forecasts after first-half profit climbed 27% boosted by strong demand for its products from customers in the ...
Syndicated Content Mar 24, 2023
Hong Kong makes new rules for specialist tech firm listings, cuts rev threshold
(Reuters) - The Hong Kong Stock Exchange (HKEX) said on Friday it had framed new listing rules for specialist technology companies, adopting a lower revenue threshold for these firms set out in earlie...
Syndicated Content Mar 24, 2023
Pub group J D Wetherspoon returns to half-year profit on strong demand
(Reuters) - British pub group J D Wetherspoon Plc returned to a half-year profit, as customers flocked at its pubs despite a cost of living crisis. "The company is cautiously optimistic about further ...
Syndicated Content Mar 24, 2023
Icahn claims Illumina directors got insurance to close Grail deal -FT
(Reuters) - Carl Icahn has alleged that Illumina Inc's directors demanded extra personal liability insurance before they agreed to sign off on the life sciences company's $7.1 billion purchase of Grai...
Syndicated Content Mar 24, 2023
Column-Dollar’s smile looks a little lopsided :Mike Dolan
By Mike Dolan LONDON (Reuters) - The dollar could do with some cheering up. According to the 'dollar smile' theory developed by currency expert and now hedge fund manager Stephen Jen 20 years ago, the...
Syndicated Content Mar 24, 2023
British retail sales rebound unexpectedly in February
By David Milliken LONDON (Reuters) -British retail sales unexpectedly rebounded by 1.2% in February from the month before, returning sales volumes to their pre-pandemic level, figures from the Office ...
Syndicated Content Mar 24, 2023
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