Category Archives:
Tesla sees Cybertruck production delayed to 2023
(Reuters) - Tesla Inc will delay production of its much-awaited Cybertruck, aiming to start in 2023, the company said on Wednesday, at a time when legacy automakers and startups are doubling down on e...
Jan 26, 2022
Telecom Italia open to network spinoff as CEO weighs options
By Elvira Pollina MILAN (Reuters) -Telecom Italia (TIM) on Wednesday opened the door to a spin-off of its prized infrastructure assets, saying its newly appointed chief executive would explore options...
Jan 26, 2022
Drugmaker Galapagos names former J&J exec Paul Stoffels as CEO
(Reuters) - Belgian drugmaker Galapagos NV on Wednesday named former Johnson & Johnson senior executive Paul Stoffels as its chief executive officer, effective April 1. Stoffels was the chief scientif...
Jan 26, 2022
Australia central bank to scrap QE on Feb. 1, wait with rate hikes till November: Reuters poll
By Vivek Mishra BENGALURU (Reuters) - Australia's central bank will end to its bond-buying programme on Tuesday, but is expected to wait till this November before it responds to higher inflation with ...
Jan 26, 2022
Ackman’s Pershing Square takes new position in Netflix
By Svea Herbst-Bayliss BOSTON (Reuters) - Billionaire investor William Ackman has built a new stake in streaming service Netflix Inc worth more than $1 billion. Ackman told investors that his hedge fu...
Jan 26, 2022
Amazon workers meet requirements to hold union election at New York warehouse -NLRB
(Reuters) - A group of Amazon.com workers has met the requirements to hold a union election at a warehouse in Staten Island, New York, a spokeswoman for the U.S. National Labor Relations Board confirm...
Jan 26, 2022
Rate traders see risk of more than four U.S. Fed hikes this year after hawkish Powell
(Reuters) - Hawkish comments from Federal Reserve Chair Jerome Powell on Wednesday have led short-term interest rate traders to begin pricing for the possibility that the U.S. central bank could raise...
Jan 26, 2022
Singapore, Pacific Alliance countries sign trade agreement
BOGOTA (Reuters) - Singapore has signed a free trade agreement with the Pacific Alliance - made up of Colombia, Mexico, Peru and Chile - those governments said on Wednesday, in a deal they said would ...
Jan 26, 2022
LG Energy Solution debuts after $13 trillion frenzy in S.Korea’s biggest IPO
By Heekyong Yang SEOUL (Reuters) - Shares of battery maker LG Energy Solution Ltd (LGES) debut on Thursday after South Korea's biggest-ever initial public offering (IPO) attracted bids worth $13 trill...
Jan 26, 2022
Chile hikes interest rate surprise 150 bps, biggest in 20 years
By Anthony Esposito and Fabian Cambero SANTIAGO (Reuters) - Chile's central bank enacted its largest interest rate hike in 20 years on Wednesday, lifting the benchmark rate by a larger than expected 1...
Jan 26, 2022
Peoria, IL, USA
81 °F Sunny
