Author Archives: Syndicated Content
EBRD prepares to raise more funds to rebuild Ukraine
By Divya Chowdhury and Lisa Pauline Mattackal DAVOS, Switzerland (Reuters) - The European Bank for Reconstruction and Development (EBRD) said it is preparing to raise additional funds for the reconstr...
May 25, 2022
European shares climb after selloff with eyes on cenbank updates
(Reuters) - European shares rose on Wednesday, with positive data from German lifting sentiment, while investors watched for updates from central banks on monetary policy tightening amid rising fears ...
May 25, 2022
China to further expand infrastructure investment
SHANGHAI (Reuters) - China issued guidelines on Wednesday to expand infrastructure investment by channelling more private capital into existing projects. China will further promote the development of ...
May 25, 2022
Nike not renewing franchise agreements in Russia – newspaper
(Reuters) - U.S. sportswear maker Nike has not renewed agreements with its largest franchisee in Russia, the Vedomosti daily reported on Wednesday, marking the latest exit by a major U.S. brand since ...
May 25, 2022
Swiss shoppers to decide if Migros stores end founder’s alcohol ban
ZURICH (Reuters) - Swiss supermarket chain Migros, whose health-conscious founder banned alcohol sales when he set up the business in the 1920s, could soon sell wine, beer and liquor if cooperative me...
May 25, 2022
Factbox-South Korean EV battery makers in $13 billion spree to win U.S. market
By Heekyong Yang SEOUL (Reuters) - South Korean battery makers have stepped up their U.S. investment ambitions and cumulative spending announcements since 2018 now total some $13 billion. This year al...
May 25, 2022
Swiss consumers don’t need govt help to cope with inflation -finance minister
ZURICH (Reuters) - Swiss Finance Minister Ueli Maurer ruled out government support for consumers hit by high energy prices and said budget cuts may be needed because the government would not raise tax...
May 25, 2022
Danone doubles supply of some baby formula to U.S.
By Richa Naidu LONDON (Reuters) - Danone SA on Wednesday said it has been doubling shipments to the United States of Neocate formula for infants allergic to cow's milk. The world's second-biggest baby...
May 25, 2022
Philippine court orders compensation for victims of 1993 mining disaster
By Enrico Dela Cruz MANILA (Reuters) - A Philippine court has ordered a mining company to pay damages to 30 people for negligence in a 1993 dam burst that was one of the country's worst mining disaste...
May 25, 2022
Environmental activists disrupt Paris shareholder meeting of TotalEnergies
PARIS (Reuters) - Environmental activists from Greenpeace France and other organisations launched a protest on Wednesday outside TotalEnergies' company annual general meeting (AGM), to demonstrate aga...
May 25, 2022
