Author Archives: Syndicated Content
Costco buys remaining stake in Taiwan joint venture for $1.05 billion
(Reuters) -Costco Wholesale Corp said on Thursday it bought the 45% stake it did not already own in its Taiwan joint venture, Costco-Taiwan, for $1.05 billion. The deal, executed through a unit, is ex...
Jun 30, 2022
Australia’s Austal secures $3.3 billion contract from U.S. Coast Guard
(Reuters) - Australia's Austal Ltd said on Friday it secured a $3.3 billion contract to design and construct 11 offshore patrol cutters (OPC) for the United States Coast Guard. The shipbuilder now exp...
Jun 30, 2022
Endeavor to buy sports betting business OpenBet for $800 million
(Reuters) - Endeavor Group Holdings Inc, the owner of Ultimate Fighting Championship, will buy sports betting business OpenBet from Light & Wonder Inc for a revised deal value of $800 million, Light &...
Jun 30, 2022
China not giving material support for Russia’s war in Ukraine -U.S. official
WASHINGTON (Reuters) - The United States has not seen China evade sanctions or provide military equipment to Russia, a senior U.S. official said on Thursday, adding that enforcement measures taken ear...
Jun 30, 2022
Four migrants killed in Texas crash days after trailer tragedy
MEXICO CITY (Reuters) - A truck carrying a group of migrants crashed into a trailer after evading a U.S. Customs and Border Protection (CBP) checkpoint in the town of Encinal, Texas, on Thursday, leav...
Jun 30, 2022
Japan’s factory activity growth slows in June – PMI
TOKYO (Reuters) - Japan's factory activity growth slowed in June as supply disruptions in part due to China's strict COVID-19 curbs hurt manufacturers, keeping the economy underpowered and with few ca...
Jun 30, 2022
Ports close in China’s island province of Hainan as tropical storm looms
SHANGHAI (Reuters) - Local authorities in China's Hainan province on Friday announced the closure of three ports as tropical storm Chaba moves towards the southern island. In an official statement, th...
Jun 30, 2022
RBA to hike rates by another 50 bps in July to make up for lost time: Reuters poll
By Devayani Sathyan BENGALURU (Reuters) - Australia's central bank will deliver another half percentage-point interest rate hike on Tuesday as it fights to tame surging inflation, marking the first ti...
Jun 30, 2022
Oil prices rise after falling 3% in previous session
By Stephanie Kelly (Reuters) - Oil prices edged up in early trade on Friday, after sinking in the previous session as OPEC+ said it would stick to its planned oil output hikes in August and investors ...
Jun 30, 2022
Google to pay $90 million to settle legal fight with app developers
WASHINGTON (Reuters) - Alphabet Inc's Google has agreed to pay $90 million to settle a legal fight with app developers over the money they earned creating apps for Android smartphones and for enticing...
Jun 30, 2022
