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Pakistanis squeezed by inflation face more pain from tax hikes
By Asif Shahzad ISLAMABAD (Reuters) - When Pakistan's annual inflation rate hit 11.5% in November, the statistics office put a number on a phenomenon that was already painfully clear to the poor and t...
Syndicated Content Dec 13, 2021
Israeli firm uses air and water to store solar energy for nighttime
KIBBUTZ YAHEL, Israel (Reuters) - The southern tip of Israel is a rocky desert where solar panels are abundant and the sun, when shining, is the source of nearly all electricity. Once it sets, however...
Syndicated Content Dec 13, 2021
Pfizer to buy Arena Pharmaceuticals for $6.7 billion
(Reuters) -Pfizer Inc has agreed to acquire Arena Pharmaceuticals in a $6.7 billion all-cash deal to expand its cancer and inflammatory disease treatment pipeline, the companies said on Monday. Pfizer...
Syndicated Content Dec 13, 2021
SoftBank SPAC to take Symbotic public in $5.5 billion deal
(Reuters) - Symbotic, an artificial intelligence-based supply chain technology startup, said on Monday it would go public through a merger with a blank-check firm backed by SoftBank Group Corp in a de...
Syndicated Content Dec 13, 2021
Volkswagen plans to decide new gigafactory locations in H1, 2022
BERLIN (Reuters) - Volkswagen said on Monday it was looking at locations for planned battery cell plants in Spain and eastern Europe and the exact sites for its third and fourth gigafactories would be...
Syndicated Content Dec 13, 2021
Abortion rights: U.S. restrictions buck the global trend in 2021
By Anastasia Moloney BOGOTA (Thomson Reuters Foundation) - A record number of U.S. states have sought to restrict access to abortion this year, but countries including Argentina, Mexico and Thailand h...
Syndicated Content Dec 13, 2021
VP Harris secures new investment from companies like Pepsico, Cargill for Central America strategy
By Nandita Bose WASHINGTON (Reuters) - U.S. Vice President Kamala Harris will on Monday announce new investment in Central America from companies such as Pepsico and Cargill, that boost her efforts to...
Syndicated Content Dec 13, 2021
Analysis: Accusers place Ghislaine Maxwell at center of Epstein’s abuse, experts say
By Luc Cohen (Reuters) - Two weeks of emotional, explicit testimony at Ghislaine Maxwell's sex abuse trial from four women who said the British socialite groomed them as teenagers for deceased financi...
Syndicated Content Dec 13, 2021
Fed to pivot on inflation fears in the face of another uncertain year
By Lindsay Dunsmuir (Reuters) - The U.S. Federal Reserve, stung by persistently high inflation and encouraged by lower-than-expected unemployment, is set on Wednesday to chart a path of higher interes...
Syndicated Content Dec 13, 2021
Kentucky resumes counting the dead from barrage of tornadoes
By Gabriella Borter MAYFIELD, Ky. (Reuters) - Rescue workers resumed combing through debris on Monday in the scant hope of finding survivors from a battery of deadly tornadoes that tore through six st...
Syndicated Content Dec 13, 2021
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