Category Archives:
Merck picks Goldman Sachs to launch pigments sale in 2023 – sources
By Emma-Victoria Farr and Ludwig Burger FRANKFURT (Reuters) - German diversified group Merck KGaA has tapped Goldman Sachs to revive a $1 billion sale of its pigments division after previous attempts ...
Nov 17, 2022
Lyondell plans to expand propylene capacity at Houston
(Reuters) - Lyondell Basell Industries is evaluating expansion of propylene production capacity at its Channelview Complex near Houston, the chemicals maker said on Thursday. An expansion would involv...
Nov 17, 2022
Fed’s Bullard: Even “dovish” policy assumptions require further rate increases
By Howard Schneider WASHINGTON (Reuters) - Even under a "generous" analysis of monetary policy the Federal Reserve needs to continue raising interest rates probably by at least another full percentage...
Nov 17, 2022
France’s Digital Virgo to list in U.S. in $513 million SPAC deal
(Reuters) - Digital Virgo said on Thursday it would list in the United States in a blank-check deal that values the French mobile payments platform at $513 million, including debt. The Lyon-based comp...
Nov 17, 2022
Peoria councilman makes move for at-large seat
PEORIA, Ill. — He says he will remain “an independent voice for the community” at the Peoria City Council. At-Large councilman Kiran Velpula makes that promise in announcing his camp...
Nov 17, 2022
Britain to help insurers boost investment in economy
LONDON (Reuters) - Britain's finance minister Jeremy Hunt announced a plan on Thursday to free up billions of pounds from the capital buffers of insurers to invest in infrastructure, potentially boost...
Nov 17, 2022
Sri Lanka postpones debt restructuring talks, hopes for IMF deal in Dec
By Uditha Jayasinghe COLOMBO (Reuters) - Sri Lanka has postponed a round of debt restructuring talks initially expected to be held on Thursday to allow central bank and treasury officials to provide c...
Nov 17, 2022
Brazil’s real slips as incoming govt looks to exempt $32 billion from spending cap
SAO PAULO (Reuters) - Brazil's currency weakened against the dollar on Thursday after the incoming administration of President-elect Luiz Inacio Lula da Silva proposed exempting some 175 billion reais...
Nov 17, 2022
North Korea’s internet temporarily knocked offline, researcher says
By Josh Smith SEOUL (Reuters) - North Korea's internet was hit by the largest outages in months on Thursday, a cybersecurity researcher told Reuters, after similar service interruptions in January wer...
Nov 17, 2022
Tim Hortons teams up with Alibaba to woo Chinese coffee drinkers
BEIJING (Reuters) - The operator of Canadian coffee chain Tim Hortons in China said on Thursday it had forged a two-year partnership with Alibaba Group's grocery chain that will see the two launch co-...
Nov 17, 2022
Peoria, IL, USA
54 °F Sunny
