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Reuters

Reuters

  • Business News

    U.S. business equipment borrowings rise 9% in November – report

    by Reuters December 20, 2022
    by Reuters December 20, 2022

    (Reuters) – U.S. companies borrowed 9% more to finance their equipment investments in November from a year earlier, industry body Equipment Leasing and Finance Association (ELFA) said on Tuesday. The …

  • US and World News

    U.S. funding bill cancels ‘certain’ SPR sales mandated by Congress

    by Reuters December 20, 2022
    by Reuters December 20, 2022

    WASHINGTON (Reuters) -The government funding bill U.S. lawmakers are trying to pass cancels “certain” congressionally mandated sales of oil from the Strategic Petroleum Reserve, a summary showed on Tuesday. Congress …

  • US and World News

    Peruvian electoral jury gives provisional OK for late 2023 elections

    by Reuters December 20, 2022
    by Reuters December 20, 2022

    LIMA (Reuters) – The head of Peru’s electoral jury on Tuesday gave Congress the provisional green light to bring forward a general election to the end of 2023, amid deadly …

  • Business News

    FTC deepens probe into Twitter’s privacy, security practices- Bloomberg News

    by Reuters December 20, 2022
    by Reuters December 20, 2022

    (Reuters) – The United States Federal Trade Commission (FTC) is deepening its probe into Twitter Inc’s privacy and data security practices, Bloomberg News reported on Tuesday, citing sources familiar with …

  • Business News

    Cryptoverse: Bye-bye to the year that broke bitcoin

    by Reuters December 20, 2022
    by Reuters December 20, 2022

    By Tom Wilson, Medha Singh and Lisa Pauline Mattackal (Reuters) – Bitcoin staggered into 2022. It ends the year slumped in an alleyway, robbed of its cocktail of cheap money …

  • Business News

    Siemens Gamesa names Luijendijk CEO of onshore wind unit

    by Reuters December 20, 2022
    by Reuters December 20, 2022

    By Andres Gonzalez LONDON (Reuters) – Wind turbine maker Siemens Gamesa has appointed its Asia Pacific boss Richard Luijendijk as chief executive of its onshore unit as it seeks to …

  • Business News

    Copper smelter Aurubis plans 530 million euros in new investments

    by Reuters December 20, 2022
    by Reuters December 20, 2022

    BERLIN (Reuters) – Europe’s largest copper smelter Aurubis scrapped its existing dividend policy and announced 530 million euro ($562.44 million) of growth-oriented investments, the company said on Tuesday, expanding plants …

  • Business News

    EU states reject ban on ‘payment-for-order-flow’ share trades

    by Reuters December 20, 2022
    by Reuters December 20, 2022

    By Huw Jones LONDON (Reuters) – European Union member states on Tuesday rejected plans to ban brokers earning fees in return for directing share trades to specific trading platforms, part …

  • Business News

    Analysis-Private U.S. energy producers tap niche funding as bank lines dry up

    by Reuters December 20, 2022
    by Reuters December 20, 2022

    By Shankar Ramakrishnan and David French (Reuters) – Private U.S. oil and gas companies are increasingly turning to a niche financing structure that securitizes their production, providing a funding avenue …

  • Business News

    Nasdaq CEO named chair of exchange’s board of directors

    by Reuters December 20, 2022
    by Reuters December 20, 2022

    (Reuters) -Nasdaq Inc Chief Executive Adena Friedman will take on the additional role of chair of the board on Jan. 1, the company said late on Monday, executing a playbook …

  • Business News

    Analysis-Global economy bets on China learning to live with COVID

    by Reuters December 20, 2022
    by Reuters December 20, 2022

    By Mark John (Reuters) – Those who believe the world economy can avoid the hardest of landings next year are watching China closely to see whether its move to loosen …

  • Business News

    Mexico headline inflation seen rebounding in early December, core inflation to slow – Reuters poll

    by Reuters December 20, 2022
    by Reuters December 20, 2022

    MEXICO CITY (Reuters) – Mexico’s headline inflation is forecast to have rebounded in the first half of December after six fortnights of slowing, backing bets the Bank of Mexico will …

  • Business News

    Siemens Gamesa calls EGM after parent’s tender offer, shrinks board

    by Reuters December 20, 2022
    by Reuters December 20, 2022

    FRANKFURT/MADRID (Reuters) -Spanish-listed Siemens Gamesa on Tuesday called an extraordinary general meeting for Jan. 25 to let shareholders vote on a planned delisting following a successful tender offer by German …

  • Business News

    Ferrari heir sets up succession with trust for supercar firm stake

    by Reuters December 20, 2022
    by Reuters December 20, 2022

    MILAN (Reuters) – Piero Ferrari, son of founder Enzo and the second largest shareholder in Ferrari, set up a family trust this month to manage his stake of around 10% …

  • US and World News

    Rise in U.S. gun deaths takes disproportionate toll on young Blacks -study

    by Reuters December 20, 2022
    by Reuters December 20, 2022

    By Shawana Alleyne-Morris (Reuters) – The increase in firearm-related fatalities among U.S. youth has has taken a disproportionate toll in the Black community, which accounted for 47% of gun deaths …

  • US and World News

    U.S. moves to ease aid delivery amid sanctions after UN exemptions

    by Reuters December 20, 2022
    by Reuters December 20, 2022

    WASHINGTON (Reuters) -The United States is moving to ease the delivery of humanitarian assistance without running afoul of international sanctions, the U.S. Treasury Department said Tuesday, implementing recently adopted United …

  • Business News

    Brazil’s lower house to cut life span of bill that increases spending cap

    by Reuters December 20, 2022
    by Reuters December 20, 2022

    BRASILIA (Reuters) – Brazilian lawmakers reached an agreement on Tuesday to cut the length of a proposal to expand the country’s spending cap to fund social welfare payments, said congressman …

  • Business News

    General Mills pet business posts muted sales as retailers cut back on inventory

    by Reuters December 20, 2022
    by Reuters December 20, 2022

    By Granth Vanaik (Reuters) – General Mills Inc said on Tuesday quarterly sales at its high-margin pet business took a hit due to some key retailers cutting back on inventory, …

  • US and World News

    Scientists freeze Great Barrier Reef coral in world-first trial

    by Reuters December 20, 2022
    by Reuters December 20, 2022

    By Jill Gralow TOWNSVILLE, Australia (Reuters) – Scientists working on Australia’s Great Barrier Reef have successfully trialled a new method for freezing and storing coral larvae they say could eventually …

  • Business News

    Luxembourg authorises some frozen Russian assets to be unblocked

    by Reuters December 20, 2022
    by Reuters December 20, 2022

    (This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) – Luxembourg’s finance ministry on Tuesday said it had authorised the …

  • US and World News

    Brother of one of Mexico’s most wanted drug capos arrested

    by Reuters December 20, 2022
    by Reuters December 20, 2022

    By Lizbeth Diaz MEXICO CITY (Reuters) – The brother of Nemesio Oseguera, one of Mexico’s most wanted drug runners, was arrested by Mexican authorities Tuesday morning in the state of …

  • Business News

    FTX’S Bankman-Fried’s lawyer departs courthouse in Bahamas – Reuters witness

    by Reuters December 20, 2022
    by Reuters December 20, 2022

    (Reuters) – A lawyer for Sam Bankman-Fried departed a court in the Bahamas on Tuesday and the founder of the failed FTX crypto exchange was not seen at the court, …

  • Business News

    Canada October retail sales up 1.4% on gasoline, seen down 0.5% in November

    by Reuters December 20, 2022
    by Reuters December 20, 2022

    By Steve Scherer OTTAWA (Reuters) – Canadian retail sales rose by 1.4% in October from September, data showed on Tuesday, but an estimate for November indicates a 0.5% monthly decline …

  • Business News

    Mexico’s AINDA seeks $600 million to kickstart fund, Colombian business

    by Reuters December 20, 2022
    by Reuters December 20, 2022

    (Corrects spelling of company in 8th paragraph and last name in 9th paragraph) By Valentine Hilaire MEXICO CITY (Reuters) -Mexican private equity manager AINDA expects to raise $600 million for …

  • US and World News

    Lives saved by aid exemption to deal with Taliban – UN aid chief

    by Reuters December 20, 2022
    by Reuters December 20, 2022

    By Michelle Nichols UNITED NATIONS (Reuters) – An exemption to allow the United Nations and aid groups to deal with sanctioned Taliban leaders to meet the humanitarian and basic human …

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