Author Archives: Syndicated Content
Amid resistance, California imposes strict stay-at-home orders
By Dan Whitcomb LOS ANGELES (Reuters) - California compelled much of the state to close shop and stay at home on Monday, when some of the harshest coronavirus restrictions in the United States came in...
Dec 07, 2020
Paysafe to go public via $9 billion deal with Bill Foley-backed SPAC
(Reuters) - A blank-check acquisition firm backed by veteran investor Bill Foley said on Monday it had agreed to merge with Paysafe Group Holdings Ltd, valuing the payments platform at around $9 billi...
Dec 07, 2020
Bob Dylan sells entire song catalog to Universal Music
(Reuters) -Bob Dylan has sold his entire catalog of more than 600 songs spanning six decades to Universal Music Group's music publishing arm, the company said on Monday. The deal includes Dylan's icon...
Dec 07, 2020
As Lebanon subsidy crunch looms, U.N. agencies warn of social catastrophe
BEIRUT (Reuters) - The removal of subsidies in Lebanon without guarantees to protect the vulnerable would amount to a social catastrophe, two U.N. agencies said on Monday, warning there is no parachut...
Dec 07, 2020
Sturdy dollar casts a shadow over emerging markets, BIS says
By Saikat Chatterjee LONDON (Reuters) - A stronger U.S. dollar will increasingly weigh on emerging- market economic prospects, since developing countries have taken on so much dollar-denominated debt ...
Dec 07, 2020
Vaccine airlift delivers shot in the arm for airlines
By Laurence Frost, Tracy Rucinski and Jamie Freed PARIS/CHICAGO/SYDNEY (Reuters) - Airlines battered by COVID-19 are prepping for key roles in the mass vaccine rollout that promises to unlock an immed...
Dec 07, 2020
Thiel-backed therapy developer AbCellera looks to raise up to $391 million in IPO
(Reuters) - Peter Thiel-backed biotech developer AbCellera Biologics Inc, which has partnered with Eli Lilly for its COVID-19 antibody drug, said on Monday it expects to raise up to $391 million in it...
Dec 07, 2020
IKEA turns the page: drops iconic catalogue after 70 years
By Anna Ringstrom STOCKHOLM (Reuters) - Budget furniture giant IKEA has decided to discontinue its catalogue, one of the world's biggest annual publications, as shoppers move online, it said on Monday...
Dec 07, 2020
U.S. green groups say honeymoon is over, turn up heat on Biden
By Valerie Volcovici WASHINGTON (Reuters) - U.S. environmental groups that poured money and effort behind Democrat Joe Biden's successful run for president are shifting to a new more adversarial role ...
Dec 07, 2020
England’s malls attract Christmas shoppers after lockdown ends
LONDON (Reuters) - Footfall across all retail destinations in England rose by 81% compared to the previous week after a second lockdown ended on Wednesday, allowing non-essential shops to begin tradin...
Dec 07, 2020
