Category Archives:
Telecom Italia working on new business plan as assesses KKR offer – sources
MILAN (Reuters) - Telecom Italia (TIM) is working with banks to draw up a new business plan that could involve spinning off assets as it studies options to help assess a buyout offer from U.S. fund KK...
Jan 04, 2022
COVID-19 loss of $44 billion is 3rd largest catastrophe cost to insurers – Howden
LONDON (Reuters) - Insured losses of $44 billion from COVID-19 so far represent the third largest cost to insurers of any catastrophe, behind Hurricane Katrina and the 9/11 attacks, insurance broker H...
Jan 04, 2022
Farming for the climate: Off-season ‘cover’ crops expand as U.S. growers eye low-carbon future
By Karl Plume CHICAGO (Reuters) - Illinois farmer Jack McCormick planted 350 acres of barley and radishes last fall as part of an off-season crop that he does not intend to harvest. Instead, the crops...
Jan 04, 2022
Vietnam seeks $15.3 billion stimulus package to prop up virus-hit economy
HANOI (Reuters) - Vietnam plans to spend 347 trillion dong ($15.25 billion) for the 2022-23 period to cushion the economic blow from the COVID-19 pandemic and assist businesses hurt by tough curbs, th...
Jan 04, 2022
Explainer-How Tesla weathered global supply chain issues that knocked rivals
By Hyunjoo Jin San Francisco (Reuters) - Tesla Inc's ability to design components in-house gave the automaker agility in making tweaks to parts and coping with supply chain issues that hit other autom...
Jan 04, 2022
Self-driving truck company TuSimple to use Nvidia chips for autonomous computing
By Tina Bellon (Reuters) - TuSimple Holdings Inc on Tuesday said it has partnered with Nvidia Corp to use the company's vehicle chips to design and build an advanced autonomous driving computer for it...
Jan 04, 2022
Futures extend positive start to the year
By Shreyashi Sanyal (Reuters) - U.S. stock index futures rose on Tuesday, extending a strong start to the year after worries about the Omicron variant of the coronavirus subsided and travel stocks bou...
Jan 04, 2022
HR software startup Justworks seeks $2 billion valuation in U.S. IPO
(Reuters) - Human resources and payroll software maker Justworks said on Tuesday it was aiming for a valuation of up to $2 billion in its initial public offering in the United States. The company, bac...
Jan 04, 2022
BlackBerry pulls life support for once-indispensable business smartphone
(Reuters) - BlackBerry Ltd is pulling the plug on service for its once ubiquitous business smartphones, which were toted by executives, politicians and legions of fans in the early 2000s. The move mar...
Jan 04, 2022
Private equity firm TPG aims for over $9 billion valuation in U.S. IPO
(Reuters) -Private equity firm TPG said on Tuesday it was seeking a valuation of up to $9.3 billion in its initial public offering in the United States. The Fort Worth, Texas-based company plans to se...
Jan 04, 2022
Peoria, IL, USA
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