Category Archives:
Payments company Wise suspends Ghana cedi transfers amid volatility
By Cooper Inveen ACCRA (Reuters) -Cross-border payments company Wise has suspended transfers in Ghana's cedi currency after a rapid appreciation against the dollar this week made it more expensive to ...
Dec 16, 2022
Henkel spins off its Russia business
(Reuters) - Germany's Henkel said on Friday it has spun off its Russia business after the chemical and consumer goods company had announced its exit from the country earlier this year. Henkel's Russia...
Dec 16, 2022
Foxconn unit to sell entire equity stake in Tsinghua Unigroup
HONG KONG (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker, said on Friday its subsidiary in China has agreed to sell entire equity stake in embattled Chinese chip conglome...
Dec 16, 2022
Poland inks deal with Saab for naval training system
WARSAW (Reuters) - Poland is buying a system to train naval crews in anti-submarine warfare from Sweden's Saab, its defence minister said on Friday, as Warsaw ramps up defence spending in the wake of ...
Dec 16, 2022
Volkswagen to refocus on raising productivity, warns of challenging 2023 – finance chief
BERLIN (Reuters) - Volkswagen will refocus on raising productivity after numerous challenging years and is targeting margin parity between electric and combustion engine cars in 2-3 years if raw mater...
Dec 16, 2022
Germany ups reliance on Huawei for 5G despite security fears -survey
By Sarah Marsh BERLIN (Reuters) - Germany has become even more dependent on Huawei for its 5G radio access network equipment (RAN) than in its 4G network despite growing worries about Chinese involvem...
Dec 16, 2022
U.S. business activity slumps in December; price pressures ease – S&P Global survey
WASHINGTON (Reuters) - U.S. business activity contracted further in December as new orders slumped to the lowest level in just over 2-1/2 years, but softening demand helped to significantly cool infla...
Dec 16, 2022
Runners brave the cold for Antarctic Ice Marathon
(Reuters) - Courageous runners braved snow and freezing temperatures this week for the Antarctic Ice Marathon, won by Ireland's Sean Tobin who organisers said clocked a record time on the continent. T...
Dec 16, 2022
Commodity stocks drag TSX lower as recession fears mount
(Reuters) - Canada's main stock index opened lower on Friday, dragged down by commodity-linked shares, as hawkish commentary from major central banks this week heightened fears of a global recession. ...
Dec 16, 2022
Wall St extends losses as recession fears weigh
(Reuters) - Wall Street's main stock indexes extended losses on Friday as fears of a looming recession, sparked by the Federal Reserve's relentless battle against inflation, hammered sentiment. The Do...
Dec 16, 2022
Peoria, IL, USA
51 °F Thunderstorm In Vicinity, Mist
