Author Archives: Syndicated Content
Porsche IPO to comprise 911 million shares in nod to its most famous model
By Jan Schwartz, Emma-Victoria Farr and Lucy Raitano HAMBURG/FRANKFURT/LONDON (Reuters) - Volkswagen's supervisory board is due to meet on Sunday to move forward with the IPO of its Porsche brand, whi...
Sep 15, 2022
Russia says longer-range U.S. missiles for Kyiv would cross red line
MOSCOW (Reuters) - Russia's Foreign Ministry said on Thursday that if the United States decided to supply Kyiv with longer-range missiles, it would cross a "red line" and become "a party to the confli...
Sep 15, 2022
Japan ruling party exec urges $209 billion stimulus to combat inflation, weak yen – Sankei
By Kantaro Komiya and Daniel Leussink TOKYO (Reuters) - A senior Japanese ruling party official on Thursday suggested a stimulus package of more than 30 trillion yen ($208.97 billion) is needed to add...
Sep 15, 2022
EU trade commissioner: concerns over e-car tax incentives raised with U.S
BERLIN (Reuters) - The European Commission has raised concerns with the United States that its tax incentives for electric cars could violate WTO rules, EU trade commissioner Valdis Dombrovskis said. ...
Sep 15, 2022
Golf-Norman says LIV Golf not interested in negotiating with PGA Tour
(Reuters) - LIV Golf chief executive Greg Norman said he was no longer prepared to negotiate with the PGA Tour and rejected the Saudi-funded series as being a "breakaway" league. In an interview with ...
Sep 15, 2022
Swiss parliament approves $5.5 billion purchase of F-35 fighters
ZURICH (Reuters) - The Swiss parliament gave final approval on Thursday to buy 36 Lockheed Martin F-35A Lightning II fighter jets, pressing ahead without waiting for a referendum on the $5.5 billion d...
Sep 15, 2022
Spanish police arrests head of big European money-laundering ring
MADRID (Reuters) - Spanish police said on Thursday they had arrested the head of one of Europe's biggest money-laundering rings, which had ties to a Costa del Sol drug gang and used the sale of high-e...
Sep 15, 2022
EU lawmakers raise pressure to cut funds for Hungary over graft woes
By Gabriela Baczynska BRUSSELS (Reuters) - A large majority of European lawmakers voted on Thursday to condemn damage to democracy in Hungary under veteran Prime Minister Viktor Orban, stepping up pre...
Sep 15, 2022
UK watchdog wants deeper probe into Microsoft’s $69-billion Activision deal
(Reuters) -Britain's antitrust watchdog said on Thursday it would go for an in-depth probe into Microsoft's $69-billion purchase of "Call of Duty" maker Activision Blizzard after the tech giant failed...
Sep 15, 2022
Rail operator CSX names former Ford president Hinrichs as CEO
By David Shepardson (Reuters) -Rail operator CSX Corp said on Thursday it has appointed former president of Ford Motor, Joe Hinrichs, as its chief executive officer effective Sept. 26. Hinrichs, who l...
Sep 15, 2022
