Category Archives:
ECB can’t yield digital money space to private sector – Panetta
FRANKFURT (Reuters) - The European Central Bank needs to issue a digital euro as yielding the space entirely to private sector initiatives like stablecoins could endanger financial stability and weake...
Nov 05, 2021
Saudi import ban deals another blow to reeling Lebanese industry
By Timour Azhari BEIRUT (Reuters) - At Oriental Paper Products, a stationery factory outside Beirut, machinery sits idle and shifts have been reduced. The firm was already struggling amid Lebanon's fi...
Nov 05, 2021
Pfizer says antiviral pill cuts risk of severe COVID-19 by 89%
(Reuters) -A trial of Pfizer Inc’s experimental antiviral pill for COVID-19 was stopped early after the drug was shown to cut by 89% the chances of hospitalization or death for adults at risk of...
Nov 05, 2021
Euro zone housing cost may be adding more to inflation than thought: Holzmann
VIENNA (Reuters) - Housing costs may be adding more to euro zone inflation than once thought, European Central Bank policymaker Robert Holzmann said on Friday, weighing in on a key issue that has been...
Nov 05, 2021
U.S. zero-carbon fusion energy startup Helion raises $500 million
By Jane Lanhee Lee (Reuters) - Helion Energy, a fusion energy tech startup, on Friday said it raised $500 million to build a net positive electrical generator, one that creates more power than it uses...
Nov 05, 2021
Pfizer says antiviral pill cuts risk of severe COVID-19 by 89%
By Deena Beasley (Reuters) -A trial of Pfizer Inc's experimental antiviral pill for COVID-19 was stopped early after the drug was shown to cut by 89% the chances of hospitalization or death for adults...
Nov 05, 2021
Canada Goose beats quarterly revenue estimates on strong demand
(Reuters) -Canada Goose Holdings Inc beat Wall Street estimates for quarterly revenue on Friday, driven by surging online sales and a strong demand for its luxury parkas amid the reopening of major ec...
Nov 05, 2021
South Korean chip firms to omit detailed data in response to U.S. request -sources
By Joyce Lee and Heekyong Yang SEOUL (Reuters) - Samsung Electronics and SK Hynix plan to leave out detailed information when supplying Washington with data related to the global chip shortage as they...
Nov 05, 2021
Factbox-What are China’s wealth management products?
SHANGHAI (Reuters) - China's property sector woes have shed light on a unique off-balance-sheet funding source used by the industry called wealth management products (WMPs) and often sold to retail in...
Nov 05, 2021
Something in the air: Jet fuel demand ready for takeoff
By Laura Sanicola, Ahmad Ghaddar and Koustav Samanta (Reuters) - Having lagged a recovery in demand to pre-pandemic levels enjoyed by other fuels, jet fuel appears set to finally take off as more gove...
Nov 05, 2021
Peoria, IL, USA
78 °F Sunny
