Category Archives:
Nord Stream 2: Russia’s legal battle to boost gas supplies to Germany
(Reuters) - Germany's energy regulator said on Tuesday that certification for the Nord Stream 2 gas pipeline was suspended. The energy regulator said that the Swiss-based consortium is required to for...
Nov 16, 2021
Voice AI platform SoundHound to go public via $2.1 billion SPAC merger
(Reuters) - SoundHound Inc, which offers a voice artificial intelligence platform for businesses, will go public through a merger with a blank-check firm in a deal that values it at $2.1 billion, the ...
Nov 16, 2021
Walmart sets aside supply chain woes to lift sales, profit forecasts
(Reuters) -Walmart Inc on Tuesday raised its annual sales and profit forecast in anticipation of soaring demand during the crucial holiday season even as global supply chain woes hit its margins in th...
Nov 16, 2021
Report says drugmakers impose unjustified U.S. price increases; spending on AbbVie drug rises $1.4 billion
By Ahmed Aboulenein WASHINGTON (Reuters) - Drugmakers hiked U.S. prices on seven of the 10 costliest prescription drugs in 2020 without justification, increasing drug spending by $1.67 billion, a U.S....
Nov 16, 2021
Goldman Sachs forecasts modest rise for S&P 500 index in 2022
(Reuters) - Goldman Sachs expects the S&P 500 index to rise by a more modest 9% by the end of next year, saying the record-setting rally is likely to cool on worries over slowing economic growth and t...
Nov 16, 2021
Croatia’s eurosceptics fail in bid on referendum to block euro
ZAGREB (Reuters) - Croatia's right-wing eurosceptic Hrvatski Suverenisti party acknowledged on Tuesday it had failed in an initiative to force a referendum to block the planned adoption of the euro cu...
Nov 16, 2021
Metaverse: a $50 billion revenue opportunity for luxury – MS
MILAN (Reuters) - Digital demand for fashion and luxury brands is expected to grow from current low levels and result in extra sales for the industry that could reach $50 billion by 2030, according to...
Nov 16, 2021
Australia to invest $73 million in quantum tech as it beefs up critical areas
By Colin Packham CANBERRA (Reuters) - Australia will spend A$100 million ($73 million) to develop quantum technology, Prime Minister Scott Morrison is to say on Wednesday, as Canberra identifies nine ...
Nov 16, 2021
Germany’s largest port sees volatile transport chains for rest of year
BERLIN (Reuters) - Europe's third largest harbour, the German Port of Hamburg, reported a 2.9% hike in sea cargo in the first nine months of 2021 on Tuesday but warned that global transport chains wou...
Nov 16, 2021
Court lottery gives Biden administration a chance to revive COVID vaccine mandate
(Reuters) – Lawsuits filed around the country challenging the Biden administration’s workplace COVID-19 vaccine rule are expected to be consolidated in a single federal appeals court on Tu...
Nov 16, 2021
Peoria, IL, USA
71 °F Sunny
