WASHINGTON (Reuters) – A program to address the risks of outbound U.S. investment in areas with sensitive technology potentially harmful to national security would cost $10 million if set up thi[...]
Read more
March 4, 2023
Board of Italy’s CDP meets Sunday over bid for Telecom Italia grid
By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) -Italian state investor CDP has called a board meeting on Sunday which is expected to approve a long-delayed non-binding offer for the fixed networ[...]
Read more
Mercedes-Benz begins building battery recycling factory in southern Germany
FRANKFURT (Reuters) – Mercedes-Benz laid the foundation stone for a sustainable battery recycling factory in Kuppenheim, southern Germany on Friday. The pilot plant will have an annual capacity[...]
Read more
Goldman Sachs arm among bidders in possible $10 billion Subway sale, Sky News says
(Reuters) -Goldman Sachs Group Inc’s asset management arm is among the suitors for the U.S. based sandwich chain Subway, which has been put up for sale with an estimated $10 billion price tag, S[...]
Read more
Fed’s Daly: tighter policy, for a longer time, ‘likely’ needed
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Saturday sounded a clear warning on the inflationary threat, and signaled that the U.S. central bank may raise interest rate[...]
Read more
Silvergate suspends crypto payments network; shares fall after-hours
By Hannah Lang and Akriti Sharma (Reuters) – Silvergate Capital Corp said on Friday it made a “risk-based decision” to discontinue the Silvergate Exchange Network, its crypto payment[...]
Read more
Airbnb cuts recruiting staff headcount
(Corrects headline and first paragraph to remove reference to 30% headcount reduction) (Reuters) -Home rental firm Airbnb Inc laid off some of its recruiting staff this week, a company spokesperson sa[...]
Read more
BofA, Citigroup trim investing banking headcount in Asia -sources
By Selena Li and Kane Wu HONG KONG (Reuters) -Bank of America and Citigroup have cut some investment banking jobs in Asia, people familiar with the matter told Reuters, joining global peers in paring[...]
Read more
Rheinmetall in talks on building tank factory in Ukraine – report
FRANKFURT (Reuters) – German defence contractor Rheinmetall is in negotiations about building a tank factory in Ukraine, the newspaper Rheinische Post reported on Saturday, citing an interview w[...]
Read more