Author Archives: Syndicated Content
Ukraine has 'crucial' need of multiple launch rocket systems, chief commander says
KYIV (Reuters) - The chief commander of Ukraine's armed forces said on Thursday his country needed multiple launch rocket systems (MLRS) to defend against Russian cruise missiles. General Valeriy Zalu...
May 05, 2022
Conocophillips profit rises on strong crude prices
(Reuters) - U.S. oil producer Conocophillips reported a higher first-quarter profit on Thursday, helped by a surge in crude prices following heavy sanctions on Russia after it invaded Ukraine. The com...
May 05, 2022
No Ukrainian counter-offensive expected before mid-June, presidential adviser says
KYIV (Reuters) - Ukraine is unlikely to launch a counter-offensive in its war with Russia before mid-June, when it hopes to have received more weapons from its allies, an adviser to President Volodymy...
May 05, 2022
Chemicals group Lanxess says Russian gas embargo would hit profit
By David Latona (Reuters) -German speciality chemicals maker Lanxess on Thursday said a potential embargo on Russian gas would weigh on its production and core profit this year, after releasing upbeat...
May 05, 2022
Shopify to buy logistics firm Deliverr in $2.1 billion deal
(Reuters) -Canada's Shopify said on Thursday it would buy U.S.-based logistics firm Deliverr in a cash-and-stock deal valued at $2.1 billion, in a move to help mitigate supply chain snarls that have p...
May 05, 2022
Bank of England raises rates to 1% despite looming recession risk
By William Schomberg and David Milliken LONDON, May 5 (Reuters) - The Bank of England raised interest rates to their highest since 2009 at 1% on Thursday to counter inflation now heading above 10%, ev...
May 05, 2022
Aptiv profit tanks 74% on supply chain snags, higher costs
(Reuters) - Aptiv Plc posted lower first-quarter profit on Thursday, as surging raw material prices and a shortage of electrical components hindered the auto part supplier's deliveries in the quarter....
May 05, 2022
TotalEnergies shareholders urge regulator to ensure climate resolution included at next AGM
(Reuters) - A group of shareholders in French energy giant TotalEnergies urged the country's financial watchdog AMF to make sure that a rejected climate resolution will be put on the agenda at the nex...
May 05, 2022
ProSieben CEO: no details from top investor MFE on possible takeover
BERLIN (Reuters) -ProSiebenSat.1's top investor, MediaForEurope (MFE), so far has not told the German media group what its strategic goals are for its stake in the German media group, according to Pro...
May 05, 2022
Musk secures over $7 billion funding from investors including Larry Ellison
(Reuters) -Elon Musk has secured $7.14 billion in funding from a group of investors that includes Oracle Corp co-founder Larry Ellison and Sequoia Capital to fund his $44 billion takeover of Twitter I...
May 05, 2022
