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Author

Reuters

Reuters

  • Business News

    Veolia to own 95% of former rival Suez

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    – French waste and water management company Veolia said on Thursday that it would own 95.95% of rival Suez’ share capital as a result of the cash tender offer, according …

  • Business News

    Exxon, union swap proposals to end lockout at Texas refinery

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Erwin Seba HOUSTON – Exxon Mobil Corp and the United Steelworkers union (USW) have swapped proposals as they work toward possibly ending a nearly 10-month lockout by the company …

  • US and World News

    Navalny activist flees Russia as top aides report threatening letters

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Tom Balmforth MOSCOW -An activist ally of Kremlin critic Alexei Navalny told Reuters on Thursday she had fled Russia to avoid jail, while two of his top aides said …

  • US and World News

    Israel sees Holocaust tropes in COVID protests fuelling anti-Semitism

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Dan Williams JERUSALEM – Protesters against COVID-19 measures who liken themselves to Jews under Nazi persecution are stoking global anti-Semitism, the Israeli government said in a report marking International …

  • Business News

    Renault-Nissan to do more together in $26 billion electric bet

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Tim Kelly and Gilles Guillaume TOKYO/PARIS -Renault and Nissan will work more closely together to make electric cars, they said on Thursday, as they detailed a $26 billion investment …

  • Business News

    Mexicans chafe over struggling economy and surging inflation

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Ana Isabel Martinez MEXICO CITY – Miguel Alejo does not know how inflation is measured or what makes a recession. But at the Mexico City food market where he …

  • Business News

    Ferragamo’s sales grow 31.4% in 2021

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    MILAN – Sales at Italian luxury group Salvatore Ferragamo rose by 31.4% last year, in line with market expectations, although they are still far below pre-pandemic levels. The leather goods …

  • Business News

    Blackstone reports record fourth-quarter earnings

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Chibuike Oguh -Blackstone Inc on Thursday said distributable earnings rose by 55% to a record high, as the world’s largest manager of alternative assets took advantage of rising markets …

  • Business News

    U.S. SEC proposes asking companies to say why CEO pay and performance often don’t match up

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Katanga Johnson WASHINGTON – Public companies in the United States would be required to disclose how the pay of their top executives squares with their overall performance under a …

  • Business NewsFood & Dining

    Chocolate Easter bunnies under threat due to supply woes warn German makers

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    HAMBURG – Tight supplies of commodities including sugar and cocoa plus global logistics problems could hit production of chocolate Easter bunnies, Germany’s confectioners warned on Thursday. “The market for important …

  • Business News

    Dow expects strong first-quarter sales on higher prices

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Arathy Somasekhar and Ruhi Soni -Dow Inc on Thursday forecast better-than-expected sales for the current quarter after fourth-quarter results beat estimates, helped by higher prices for its products as …

  • Business NewsFood & Dining

    McDonald’s profit hit by rising costs, pandemic curbs

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Praveen Paramasivam and Hilary Russ -McDonald’s Corp missed revenue and profit expectations on Thursday, as higher costs and tepid sales in its over 4,500 restaurants in Australia and China …

  • Business News

    Apple to turn iPhones into payment terminals, rival Square – Bloomberg

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    -Apple Inc is planning a new service that will allow small businesses to accept payments directly on their iPhones without connecting any extra hardware such as Block Inc’s Square terminals, …

  • Business News

    U.S. banks look forward to ‘bread-and-butter’ growth as economy rebounds

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By David Henry NEW YORK – U.S. banks will enjoy stronger growth this year from their “bread-and-butter” business of taking deposits and lending money as the U.S. economy expands and …

  • Business News

    Stellantis ready to repay 6.3 billion euro Italy state-backed loan in advance- sources

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    MILAN – Stellantis is preparing to early repay a 6.3 billion euros ($7 billion) loan backed by Italian government its predecessor Fiat Chrysler obtained at the peak of a COVID-19 …

  • Business NewsFeatured NewsOMG!US and World News

    Judge rules Amazon, Whole Foods can be sued by murderer who was denied job

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    NEW YORK – A federal judge said Amazon.com Inc and its Whole Foods unit can be sued over the refusal to hire a convicted murderer who claimed to be rehabilitated …

  • Business News

    Banks scramble to change Fed rate calls after hawkish shift

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Saikat Chatterjee SINGAPORE -Strategists at the world’s top investment banks scrambled to change their Federal Reserve rate calls on Thursday after policymakers emphasised at a policy meeting that it …

  • Business News

    Swiss banks criticise steps to cool runaway property market

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By John Revill ZURICH -Swiss banks have criticised planned new measures designed to cool the country’s red hot property market, saying the steps were unnecessary and would do nothing to …

  • Business News

    U.S. crop insurance payouts rise sharply as climate change worsens droughts, floods

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Leah Douglas – Insurance payments to U.S. farmers for crops lost to droughts and flooding have risen more than threefold over the past 25 years, according to an analysis …

  • Business News

    Comcast ramps up spending on Peacock streaming service

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Helen Coster and Eva Mathews – Comcast Corp is ramping up spending on its Peacock streaming service, executives said on Thursday, aiming to catch up to big media rivals …

  • Business News

    Crypto giant Binance hopes Russia will help regional growth

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Elena Fabrichnaya MOSCOW – Binance, the world’s largest cryptocurrency exchange, wants to expand in Russia and neighbouring states where it sees prospects for new regulations that will boost its …

  • Business News

    U.S. pending home sales fall for second straight month in December

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    WASHINGTON – Contracts to buy U.S. previously owned homes fell for a second straight month in December amid record low inventory. The National Association of Realtors (NAR) said on Thursday …

  • Business News

    Early data show January losses for stock picking hedge funds

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    – Hedge funds that specialize in picking stocks started 2022 with losses, investors and research firms said this week as markets went on a rollercoaster ride fueled by fears of …

  • Business News

    Biden, buoyed by GDP figures, urges Congress to pass bills

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    WASHINGTON – U.S. President Joe Biden welcomed the strong GDP growth figure released on Thursday, saying his economic plan is working and urging Congress to pass legislation to make the …

  • OMG!US and World News

    Volunteers wanted to catch COVID in the name of science

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    The world’s first medical trial authorized to deliberately expose participants to the coronavirus is seeking more volunteers as it steps up efforts to help develop better vaccines. The Oxford University …

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