Author Archives: Syndicated Content
Ripple buys crypto custody firm Metaco for $250 million
By Elizabeth Howcroft LONDON (Reuters) - U.S. crypto firm Ripple has bought Switzerland-based crypto custody firm Metaco for $250 million, in its first major acquisition, Ripple said on Wednesday. Met...
May 17, 2023
Ecuador president dissolves legislature, bringing elections forward
By Alexandra Valencia QUITO (Reuters) -Ecuador's President Guillermo Lasso dissolved the National Assembly in a decree on Wednesday, bringing forward legislative and presidential elections, a day afte...
May 17, 2023
China's Xi pledges deeper Kazakh ties in times of 'prosperity and adversity'
By Andrew Hayley XIAN, China (Reuters) - China wants to further deepen relations with Kazakhstan based on mutual trust in times of both "prosperity and adversity", President Xi Jinping told his visiti...
May 17, 2023
Tesla proposes new EV plant in India for domestic sales, exports -source
By Aditya Kalra NEW DELHI (Reuters) -Tesla Inc has proposed setting up a factory in India to build electric cars for domestic sale and export, the carmaker told government officials on Wednesday, acco...
May 17, 2023
Greece's Alexandroupolis port gets $26 million EU funding
ATHENS (Reuters) - Greece has secured 24 million euros ($26 million) in European Union funding to upgrade its northern Aegean Sea port of Alexandroupolis, privatisation agency HRADF said on Wednesday....
May 17, 2023
T.J. Maxx parent lifts profit forecast on easing costs, steady demand
(Reuters) -TJX Cos Inc raised its annual profit forecast on Wednesday, banking on lower costs and resilient demand from inflation-hit consumers switching to discount retailers. The company is starting...
May 17, 2023
Vivendi indicates ex-Leonardo chairman for Telecom Italia board-sources
MILAN (Reuters) - Telecom Italia's top shareholder Vivendi has proposed Luciano Carta, a former chairman at Italian defence group Leonardo to fill a vacant seat on the former phone monopoly's board, t...
May 17, 2023
Volkswagen aims for 'margin parity' on some EVs by 2025
By Victoria Waldersee and Joseph White MUNICH (Reuters) -Volkswagen Chief Financial Officer Arno Antlitz said on Wednesday rising battery material costs mean it will be 2025 before the automaker can b...
May 17, 2023
Northern Spain blast now believed to be shooting, security chief says
MADRID (Reuters) - Police investigating what at first seemed like an explosion in northern Spain that killed a man and a woman now believe it was a murder-suicide with a sawn-off shotgun, authorities ...
May 17, 2023
Mike Ashley's Frasers raises stake in online retailer ASOS
(Reuters) - Britain's Frasers Group raised its stake in online fashion retailer ASOS, a filing showed on Wednesday, as the Mike Ashley-owned sportswear retailer continues its drive into a more premium...
May 17, 2023
