Author Archives: Syndicated Content
Big Tech tumbles as results sound alarm bells
(Reuters) - Grim results from Alphabet Inc and Microsoft Corp stoked fears of a global economic downturn and slammed the brakes on a fragile recovery in stock markets ahead of earnings from other tech...
Oct 26, 2022
BASF expects majority of European job cuts to be handled via attrition
FRANKFURT (Reuters) - BASF said it expects the majority of job cuts in Europe, part of as-yet unspecified cutbacks over the next few years, to be carried out through retirements and people moving to o...
Oct 26, 2022
Cricket-England deserve to ‘hurt’ from Ireland shock: Buttler
By Ian Ransom MELBOURNE (Reuters) - England captain Jos Buttler refused to blame the rain for the shock loss to Ireland at the T20 World Cup on Wednesday and demanded his team feel the "hurt" before r...
Oct 26, 2022
Saudi Aramco launches $1.5 billion fund, says energy transition plan flawed
By Rachna Uppal, Maha El Dahan and Aziz El Yaakoubi RIYADH (Reuters) -Oil giant Saudi Aramco launched a $1.5 billion fund to support an inclusive global energy transition on Wednesday while Saudi offi...
Oct 26, 2022
IMF chief wants central banks to keep raising rates to hit ‘neutral’ level
By Christian Kraemer BERLIN (Reuters) - International Monetary Fund chief Kristalina Georgieva said on Wednesday that central banks should keep raising interest rates further to fight inflation until ...
Oct 26, 2022
Truck maker Volvo to build battery modules plant in Belgium
STOCKHOLM (Reuters) -Swedish truck maker Volvo Group said on Wednesday its plant in Ghent in Belgium would start to produce battery modules in 2025. "The investment decision to install battery module ...
Oct 26, 2022
Kremlin says it may transfer assets in annexed Ukrainian regions to Russian companies
MOSCOW (Reuters) - The Kremlin on Wednesday said that assets in the four Ukrainian regions that Russia said it had annexed last month may in future be transferred to Russian companies. Kremlin spokesm...
Oct 26, 2022
Cricket-Rain washes out New Zealand-Afghanistan clash at T20 World Cup
By Ian Ransom MELBOURNE (Reuters) -New Zealand's Super 12 match against Afghanistan at the T20 World Cup was abandoned on Wednesday without a ball bowled due to rain, leaving both teams to share the p...
Oct 26, 2022
Germany to legalize cannabis use for recreational purposes
BERLIN (Reuters) - Germany on Wednesday set out plans to legalise cannabis, in a move promised by Chancellor Olaf Scholz's government that would make it one of the first countries in Europe to make we...
Oct 26, 2022
Kremlin says Griner prisoner swap must be negotiated behind closed doors
MOSCOW (Reuters) - The Kremlin on Wednesday said that a potential prisoner exchange with the United States to free U.S. WNBA basketball star Brittney Griner, who is serving a nine-year prison sentence...
Oct 26, 2022
