Category Archives:
Ex-Credit Suisse chairman fined nearly $2,200 for breaking COVID rules – paper
ZURICH (Reuters) - Former Credit Suisse Chairman Antonio Horta-Osorio has been ordered to pay a fine of 2,000 Swiss francs ($2,178) for breaching COVID-19 quarantine regulations, Swiss newspaper Blick...
Syndicated Content Feb 02, 2022
AbbVie forecasts 2022 profit above estimates on strong sales of Botox, Skyrizi
(Reuters) - AbbVie Inc forecast full-year adjusted profit above estimates on Wednesday, as its blockbuster anti-wrinkle injection Botox and newer psoriasis drug Skyrizi beat Wall Street expectations f...
Syndicated Content Feb 02, 2022
Saudi Telecom sets up new entity for data centres, cable assets
DUBAI (Reuters) - Saudi Telecom (STC) said on Wednesday it would transfer its data centres, international submarine cables and points of presence assets to a new wholly-owned company, a day after news...
Syndicated Content Feb 02, 2022
Egypt debt to fall below 90% of GDP by end of June – minister
CAIRO (Reuters) - Egypt's debt should fall below 90% of gross domestic product by the end of the fiscal year on June 30, Finance Minister Mohamed Maiit told a news conference on Wednesday in Cairo, ex...
Syndicated Content Feb 02, 2022
PayPal shares plunge 17% as bleak forecast stokes growth fears
(Reuters) - Shares of PayPal Holdings Inc slumped nearly 17% on Wednesday as investors questioned the company's growth prospects after it disclosed a big hit to revenue from the impending loss of marq...
Syndicated Content Feb 02, 2022
TuSimple says it has completed 550 miles of fully driverless trucking, plans Texas expansion
(Reuters) - TuSimple Holdings Inc on Wednesday said its autonomous trucks have completed more than 550 miles (885 km) of public road driving in Arizona without a human behind the wheel. The company al...
Syndicated Content Feb 02, 2022
Europe needs to soften competition stance in telecoms sector, Telenor CEO says
OSLO (Reuters) - Norway's Telenor hopes the European Commission will change its stance on competition in the telecoms sector and allow for more consolidation and thereby encourage investments in infra...
Syndicated Content Feb 02, 2022
Global container flows struggle to pick up speed, data shows
By Jonathan Saul LONDON (Reuters) - Efforts to speed up the movement of goods around the world have yet to solve the supply chain bottlenecks caused by surging demand for retail goods and pandemic-rel...
Syndicated Content Feb 02, 2022
U.S. union wants retailers to review wages paid by vendors in ‘human capital’ trend
By Ross Kerber (Reuters) - The Teamsters union wants four large U.S. retailers to investigate if companies in their supply chains are underpaying workers, hoping the retailers will use their leverage ...
Syndicated Content Feb 02, 2022
New York Times beats quarterly revenue estimates
(Reuters) -The New York Times Co surpassed fourth-quarter revenue estimates on Wednesday, benefiting from an influx of digital subscribers consuming news around the holiday season and the Omicron vari...
Syndicated Content Feb 02, 2022

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