Category Archives:
Willis Towers to revamp board after pressure from activist investor – WSJ
(Reuters) - Insurance broker Willis Towers Watson PLC is preparing to revamp its board following talks with activist investor Elliott Management Corp, the Wall Street Journal reported on Thursday, cit...
Nov 18, 2021
U.S. weekly jobless claims edge down as labor market recovers
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell close to pre-pandemic levels last week as the labor market recovery gains momentum, though a shortage of...
Nov 18, 2021
Factbox – India’s 10 biggest IPOs and their debut day performance
(Reuters) - Shares in Indian digital payments firm Paytm slid more than 27% in its stock market listing on Thursday, making it one of India's worst-performing large initial public offerings (IPOs). Pa...
Nov 18, 2021
Adobe taps startup Bolt to add one-click checkouts to commerce sites
By Stephen Nellis (Reuters) - Adobe Inc on Thursday said it was partnering with San Francisco-based startup Bolt to add one-click checkouts for retailers that use Adobe's e-commerce software tools. On...
Nov 18, 2021
Ford, GlobalFoundries say they will work together to boost chip supply
By Stephen Nellis and Ben Klayman (Reuters) -Ford Motor Co and chip manufacturer GlobalFoundries Inc on Thursday said they plan to work together to boost supplies for the automaker's vehicles and the ...
Nov 18, 2021
CNH’s Iveco targets up to 5% annual rise in industrial revenue ahead of spin-off
MILAN (Reuters) - Truck and bus maker Iveco Group targets industrial revenues of between 16.5-17.5 billion euros ($18.7-$19.8 billion) in 2026 as parent CNH Industrial prepares to spin off the unit to...
Nov 18, 2021
U.S. to start raising interest rates from Sept 2022 – JP Morgan
LONDON (Reuters) - The U.S. Federal Reserve will start raising interest rates from September 2022, economists at the country's biggest bank said in a 2022 outlook note. JPMorgan expects the central ba...
Nov 18, 2021
J&J sees potential for 14 new multibillion-dollar drugs by 2025
By Michael Erman and Julie Steenhuysen (Reuters) - Johnson & Johnson expects to file for approval of 14 new drugs by 2025, and has projected average peak sales of $4 billion a year for each, a top J&J...
Nov 18, 2021
Prada sets 4.5 billion euros revenue goal, to boost e-commerce
MILAN (Reuters) -Italian luxury group Prada targets 40% revenue growth in the medium-term from pre-pandemic levels by boosting its online business and the profitability of physical stores, it said on ...
Nov 18, 2021
Canada’s power chip maker GaN Systems raises $150 million, pushes on electric car market
By Jane Lanhee Lee (Reuters) - Canadian power chip maker GaN Systems on Tuesday said it raised $150 million in a funding round led by Fidelity Management & Research as it seeks to expand its market sh...
Nov 18, 2021
Peoria, IL, USA
40 °F Heavy Rain, Mist
