Category Archives:
Stellantis eyeing two more North American battery plants by 2030
DETROIT (Reuters) - Stellantis will need four electric-vehicle battery plants in North America by 2030, the company's North American chief operating officer said on Tuedsay. The automaker has already ...
Oct 18, 2022
BoC to dial down size of rate rises again but not done yet – Reuters poll
By Indradip Ghosh (Reuters) - The Bank of Canada will raise its overnight rate by 50 basis points on Oct. 26, a smaller amount than at previous meetings, but will get rates to an even higher peak than...
Oct 18, 2022
Coronavirus pandemic prompts Biden to focus on biological threats
WASHINGTON (Reuters) – U.S. President Joe Biden on Tuesday set in motion a plan to counter biological threats and prepare for the next pandemic after the COVID-19 coronavirus caused more than 1 ...
Oct 18, 2022
ASML to report Q3 earnings as China, supply chain questions swirl
AMSTERDAM (Reuters) - Supply chain snags, spending cuts by customers and U.S. trade curbs on China are likely to be in focus at ASML Holding NV's quarterly results on Wednesday, which should benefit f...
Oct 18, 2022
Third Point takes stake in Colgate-Palmolive; sees value in pet food spinoff – CNBC
(Reuters) - Daniel Loeb's Third Point has built a stake in toothpaste maker Colgate-Palmolive Co, with the activist investor seeing value in a potential spin off of the Hill's Pet Nutrition business, ...
Oct 18, 2022
French cement maker Lafarge pleads guilty to U.S. charges of supporting Islamic State
By Luc Cohen NEW YORK (Reuters) - French cement maker Lafarge pleaded guilty on Tuesday to U.S. charges of supporting the Islamic State by keeping a factory running in Syria after conflict broke out i...
Oct 18, 2022
U.S. home builder sentiment falls for 10th straight month – NAHB
(Reuters) - Confidence among U.S. single-family homebuilders fell for the 10th straight month in October as soaring mortgage rates and bottlenecks for building materials made new housing less affordab...
Oct 18, 2022
Virgin Fibra to bundle fast Internet with video streaming in Italy
MILAN (Reuters) - Virgin Fibra, a start-up firm backed by the group founded by British billionaire Richard Branson, will add video streaming services to its newly-launched fast fibre offer in Italy, i...
Oct 18, 2022
U.S. manufacturing output rises more than expected in September
(Reuters) - Production at U.S. factories rose in September led by output gains in both durable and nondurable goods, indicating the manufacturing sector remains on reasonable footing despite the Feder...
Oct 18, 2022
Factbox-These are the leaders who want to reshape Goldman Sachs
(Reuters) - Goldman Sachs Group Inc unveiled a plan to reorganize its business into three units in another overhaul in less than three years by the Wall Street giant, which also reported a smaller-tha...
Oct 18, 2022
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