Category Archives:
Tyson Foods raises 2021 revenue forecast on strong beef demand
(Reuters) -Tyson Foods Inc on Monday raised its forecast for fiscal 2021 revenue, as the largest U.S. meat processor benefited from strong demand for its beef products after restaurants and hotels res...
Aug 09, 2021
Drone footage shows devastation after wildfires ravage Turkey’s pine forests
By Mehmet Emin Caliskan ICMELER, Turkey (Reuters) - Until devastated by wildfires, hills near the Turkish sea resort of Marmaris were decked in thick green pine forest. Now these same hills form a gho...
Aug 09, 2021
Brookfield reinsurance unit to buy American National for $5.1 billion
(Reuters) -Brookfield Asset Management Inc's reinsurance unit has agreed to buy insurer American National Group Inc for about $5.1 billion in an all-cash deal, the companies said on Monday. Started in...
Aug 09, 2021
Yellen again urges Congress to raise U.S. debt limit
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen on Monday reiterated her call for Congress to raise the U.S. debt limit through bipartisan action as the federal government moves closer to ...
Aug 09, 2021
Exclusive: India considers sharp import tax cuts on EVs after Tesla lobbying – sources
By Aftab Ahmed and Aditi Shah NEW DELHI (Reuters) - India is considering slashing import duties on electric cars to as low as 40%, two senior government officials told Reuters, days after Tesla Inc's ...
Aug 09, 2021
Chicken producer Sanderson Farms agrees to $4.5 billion buyout deal
(Reuters) -Chicken producer Sanderson Farms Inc agreed on Monday to be bought for $4.53 billion by commodities trader Cargill Inc and investment firm Continental Grain Co at a time when meat prices ha...
Aug 09, 2021
Spain’s La Liga to launch its own streaming platform, El Confidencial says
MADRID (Reuters) - Spain's top soccer league and private equity firm CVC plan to launch their own streaming platform, Spanish online paper El Confidencial reported on Monday, a move that would challen...
Aug 09, 2021
Factbox-Samsung leader Jay Y. Lee’s other legal woes
SEOUL (Reuters) - Samsung Electronics Vice Chairman Jay Y. Lee, convicted of bribery and embezzlement, has qualified for parole. But he still has other serious legal woes. Following is a summary: ACCU...
Aug 09, 2021
Samsung leader Jay Y. Lee’s legal troubles
SEOUL (Reuters) - Samsung Electronics Vice Chairman Jay Y. Lee, convicted of bribery and embezzlement, has qualified for parole. But he has two other trials to face - one in which he is accused of acc...
Aug 09, 2021
EU extends deadline for decision on Facebook, Kustomer deal to Dec. 15
BRUSSELS (Reuters) - EU antitrust regulators have extended the deadline for a decision on Facebook's acquisition of U.S. customer service startup Kustomer by a week to Dec. 15, a European Commission f...
Aug 09, 2021
Peoria, IL, USA
53 °F Sunny
