by Reuters | Jan 22, 2021 | Asia, Business, Economy, Elections, Environment, Europe, Middle East, Politics, Top News, US
By David Lawder and Andrea Shalal WASHINGTON (Reuters) – The U.S. Senate Finance Committee on Friday unanimously approved Janet Yellen’s nomination as the first woman Treasury secretary, indicating that she will easily win full Senate approval, but...
by Reuters | Jan 22, 2021 | Asia, Business, Economy, Europe, US
By Rodrigo Campos NEW YORK (Reuters) – A gauge of stocks across the world slipped from record highs on Friday and the dollar edged up against a basket of peers as weak economic data and underwhelming earnings drove investors to reverse some recent risky bets....
by Reuters | Jan 22, 2021 | Africa, Asia, Business, Science, Technology, US
By Paresh Dave OAKLAND, Calif. (Reuters) – Alphabet Inc is shutting down Loon after concluding the business, which offers balloons as an alternative to cell towers, is not commercially viable, Google’s parent company said on Thursday. Founded in 2011, Loon...
by Reuters | Jan 22, 2021 | Asia, Business, Economy, US
(Reuters) – American depositary shares of RLX Technology Inc jumped 86% in their U.S. stock market debut on Friday, giving the Chinese vaping firm a market capitalization of nearly $35 billion. RLX’s shares opened at $22.34, well above their initial public...
by Reuters | Jan 22, 2021 | Asia, Business, Technology, US
By Stephen Nellis (Reuters) – Intel Corp executives have raised the possibility of licensing chipmaking technology from outside firms, a move that could see it exchanging manufacturing secrets with rival Taiwan Semiconductor Manufacturing Co Ltd (TSMC) or...
by Reuters | Jan 22, 2021 | Asia, Business, Economy, Politics, US
By Ben Klayman and Aditi Shah DETROIT/NEW DELHI (Reuters) – An Indian state’s move to block General Motors (GM) from shutting a plant and exiting the country defies the state’s business friendly image and sends a “concerning message” to...
