Category Archives:
Canoo revs up U.S. electric vehicle production plan as drops overseas deal
By Ben Klayman DETROIT (Reuters) -Electric vehicle startup Canoo Inc on Wednesday said it was accelerating its production plans in the United States while ending its deal for VDL Nedcar in Netherlands...
Dec 15, 2021
State to sell James R. Thompson Center in Chicago
CHICAGO, Ill. – Illinois Governor JB Pritzker is going to do something predecessors tried — and failed to do as a means to make the state some money: sell the James R. Thompson Center in d...
Dec 15, 2021
Foreign selling of Treasuries in October was largest since May -data
(Reuters) - Foreigners sold Treasuries in the month of October to the tune of $43.5 billion, the largest outflow since May, data from the U.S. Treasury department showed on Monday. That said, major fo...
Dec 15, 2021
Chip materials supplier Entegris to buy rival CMC in $6.5 billion deal
By Aishwarya Nair and Krystal Hu (Reuters) -Entegris Inc, a supplier of semiconductor materials, said on Wednesday it would buy smaller rival CMC Materials in a deal valued at $6.5 billion, as it look...
Dec 15, 2021
Fitch revises South Africa’s outlook to ‘stable’ on economic recovery
(Reuters) - Fitch on Wednesday upgraded the outlook on South Africa's long-term foreign-currency issuer default rating to "stable" from "negative", citing a faster-than-expected economic recovery. "A ...
Dec 15, 2021
U.S. railroad Amtrak CEO to step down next month
WASHINGTON (Reuters) - U.S. passenger railroad Amtrak said on Wednesday that Chief Executive Bill Flynn will retire next month and be replaced by its president as it begins a big expansion of operatio...
Dec 15, 2021
Metropolitan Opera to require booster shots for audiences as COVID concerns grow
(Reuters) - The Metropolitan Opera in New York said on Wednesday it will require audiences and staff to show proof of a COVID booster shot starting in January amid growing concern over the Omicron var...
Dec 15, 2021
Fed funds futures price in hike by May 2022 after Fed statement
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Futures on the federal funds rate on Wednesday have priced in a quarter-point tightening by the Federal Reserve by May next year after the U.S. central...
Dec 15, 2021
Telecom Italia investor Vivendi considers seeking board revamp – sources
By Agnieszka Flak and Gwnalle Barzic MILAN (Reuters) - Telecom Italia's (TIM) top investor Vivendi is considering pushing for a board reshuffle at the Italian phone group in an attempt to oust former ...
Dec 15, 2021
EU Parliament backs tough new rules to rein in U.S. tech giants
By Foo Yun Chee BRUSSELS (Reuters) - EU lawmakers voted on Wednesday to beef up draft rules to rein in U.S. tech giants, including extending the scope to their retailing activities and to their busine...
Dec 15, 2021
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