Category Archives:
SoftBank, Amazon, Accel invest $108 million in banking platform Pismo
SAO PAULO (Reuters) - Brazilian banking and payments tech platform Pismo raised $108 million in an investment round led by Japan's SoftBank Group Corp, Amazon.com Inc and global venture capital firm A...
Oct 19, 2021
Car-centric Austin is building transit. Will anyone ride it?
By Tina Bellon AUSTIN (Reuters) - In 2019, Diane Guerra and her husband moved out of their two-bedroom apartment in trendy East Austin to buy a house in one of the city's booming northern suburbs. The...
Oct 19, 2021
China-linked hacking group accessing calling records worldwide, CrowdStrike says
By Joseph Menn SAN FRANCISCO (Reuters) - A hacking group with suspected ties to China burrowed into mobile telephone networks around the world and used specialized tools to grab calling records and te...
Oct 19, 2021
P&G beats quarterly sales estimates, warns of higher supply chain costs
(Reuters) - Procter & Gamble Co beat quarterly sales estimates on Tuesday as easing of pandemic-related restrictions boosted demand for its personal care products, while the company warned of higher c...
Oct 19, 2021
Risk of higher euro zone inflation on the rise: ECB’s Vasle
By Balazs Koranyi LJUBLJANA (Reuters) - Euro zone inflation is at risk of overshooting projections so the European Central Bank needs to carefully monitor price growth and should end its emergency sti...
Oct 19, 2021
U.S. insurer Travelers beats profit estimates on strong investment returns
(Reuters) - Property and casualty insurer Travelers Cos Inc reported a drop in third-quarter profit on Tuesday that still beat estimates, as higher investment returns mainly from its non-fixed income ...
Oct 19, 2021
J&J raises 2021 profit view, keeps vaccine sales outlook unchanged
(Reuters) -Johnson & Johnson on Tuesday raised its adjusted profit forecast for 2021, even as it stuck to its outlook of $2.5 billion in sales from its COVID-19 vaccine this year. The company raised i...
Oct 19, 2021
Hungary rate hikes “half-hearted”, says Orban aide as cbank meets
By Krisztina Than and Gergely Szakacs BUDAPEST (Reuters) - Hungary's central bank faced pressure from the government to hike interest rates more quickly on Tuesday, as it meets to decide its policy re...
Oct 19, 2021
China will prevent platform monopolies and disorderly expansion of capital, Xi says
BEIJING (Reuters) - China will prevent monopolistic behaviours by internet platform companies and the disorderly expansion of capital, state Xinhua News Agency quoted president Xi Jinping as saying on...
Oct 19, 2021
Two top executives exit SoftBank-backed ride sharing firm Ola ahead of IPO
BENGALURU (Reuters) - SoftBank-backed Indian ride-hailing firm Ola's Chief Financial Officer Swayam Saurabh and Chief Operating Officer Gaurav Porwal are leaving the company, according to an internal ...
Oct 19, 2021
Peoria, IL, USA
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