Author Archives: Syndicated Content
China’s Nio to get $2.2 billion investment from Abu Dhabi’s CYVN
SHANGHAI (Reuters) -Electric vehicle maker Nio has signed a pact for an investment of $2.2 billion from CYVN Holdings, an investment vehicle based in Abu Dhabi, the Chinese company said on Monday. The...
Dec 18, 2023
Gas prices in Michigan hit low for 2023
DEARBORN, MI (WKZO AM/FM) — Michigan’s average gasoline price is under $3 a gallon for the first time in 2023. Triple-A Michigan says the statewide average is down 15 from last week to $2....
Dec 18, 2023
Southwest Airlines agrees to $140 million penalty over 2022 holiday meltdown
By David Shepardson WASHINGTON (Reuters) - Southwest Airlines agreed to a record-setting $140 million civil penalty over the December 2022 holiday meltdown that led to 16,900 flight cancellations and ...
Dec 18, 2023
Agreement on German brigade in Lithuania is historic – German defence minister
BERLIN (Reuters) - German Defence Minister Boris Pistorius on Monday has called the agreement on a permanent deployment of a German brigade in Lithuania a "historic moment," adding it is the first tim...
Dec 18, 2023
Record output, tax dodge pushes up crude exports from US Gulf Coast
By Georgina McCartney HOUSTON (Reuters) - Oil is flooding out of Texas in the final weeks of 2023, as traders find outlets abroad for record U.S. production and dodge a hefty year-end tax bill on thei...
Dec 18, 2023
Transport difficulties led to 7% drop in Ukraine food exports – institute
By Pavel Polityuk KYIV (Reuters) - Difficulties with transport and logistics led to a 7% year-on-year drop in Ukraine's exports of agrarian products in the year to November, and also pushed up the cos...
Dec 18, 2023
Tencent shuts US video games studio Team Kaiju — source
By Josh Ye HONG KONG (Reuters) - Chinese tech giant Tencent has shut down one of its U.S. video games studios that has been considered a key part of its global expansion plan to become a competitive g...
Dec 18, 2023
German business sentiment falls in December – Ifo
By Maria Martinez BERLIN (Reuters) -German business morale unexpectedly worsened in December, the Ifo institute said on Monday after its latest survey also showed a decline in both expectations and cu...
Dec 18, 2023
India’s Siemens to explore energy business spin-off, shares jump to record high
BENGALURU (Reuters) - India's Siemens Ltd will explore a spin-off of its energy business at the behest of some of its stakeholders, the electrical appliances-maker said on Monday, sending its shares t...
Dec 18, 2023
In Israel, U.S. defence chief to look to next phase of Gaza war
TEL AVIV (Reuters) - U.S. Defense Secretary Lloyd Austin arrived in Israel on Monday for talks expected to focus on Israel's eventual end to high intensity war in Gaza and its transition to a more lim...
Dec 18, 2023
