Author Archives: Syndicated Content
Facebook's cryptocurrency venture to wind down and sell tech assets - WSJ
(Reuters) - Meta Platforms Inc's digital currency venture Diem Association is winding down and selling its technology to California-based Silvergate Capital Corp for about $200 million, the Wall Stree...
Jan 27, 2022
Germany reports new daily record for COVID-19 infections
BERLIN (Reuters) - Germany reported another record number of daily new COVID-19 infections on Thursday, crossing the 200,000 threshold for the first time, as the country debates whether to impose comp...
Jan 27, 2022
STMicro to double annual investments to meet high chip demand
By Mathieu Rosemain PARIS (Reuters) -French-Italian chipmaker STMicroelectronics said on Thursday it planned to double its investments in 2022 from a year ago to up to $3.6 billion, buoyed by high dem...
Jan 27, 2022
New Honduras leader says she hopes to maintain Taiwan ties
(Refiles to change media identifier slug) TAIPEI (Reuters) -Honduras is grateful for the support Taiwan has provided and hopes to maintain their relationship, President-elect Xiomara Castro said on We...
Jan 27, 2022
Electrolux books $85 million tariffs case related charge in Q4
STOCKHOLM (Reuters) - Electrolux will charge $85 million to earnings in the fourth quarter after an appeals panel upheld a U.S. Department of Commerce decision regarding tariffs on washing machines im...
Jan 27, 2022
Ukraine reports new daily high of COVID infections
KYIV (Reuters) - Ukraine registered a record 32,393 new coronavirus infections over the past 24 hours, the health ministry said on Thursday. The previous high of 27,377 cases was on Nov. 4. Ukraine ha...
Jan 27, 2022
Domestic investors prop up Indian stocks as foreigners flee
By Patturaja Murugaboopathy (Reuters) - Foreign investors have been cutting their holdings of Indian equities over the past few months, but domestic mutual funds, banks and insurance companies have he...
Jan 27, 2022
Spain's Sabadell reports 161 mlns Q4 net profit helped by TSB
MADRID (Reuters) - Spain's Banco Sabadell announced on Thursday a net profit of 161 million euros ($181.6 million) in the fourth quarter from a loss of 201 million euros in the same period a year ago ...
Jan 27, 2022
EU: refers China to WTO following trade restrictions on Lithuania
PARIS (Reuters) - The European Union said it had launched a case at the World Trade Organization (WTO) against China over what the EU said were China's discriminatory trade practices against Lithuania...
Jan 27, 2022
Soldier shot five serviceman at a military plant in Ukraine
KYIV (Reuters) - A Ukrainian National Guard soldier shot security guards at a military factory in central Ukraine for unknown reasons, killing five people and injuring five others, police said on Thur...
Jan 27, 2022
