Category Archives:
U.S. consumers borrow more for longer to drive trucks and SUVs
DETROIT (Reuters) - U.S. consumers borrowed more for longer in the first quarter of 2021 so they could drive more expensive trucks and sport utility vehicles, according to a new Experian study of auto...
May 27, 2021
Airbnb extends ban on parties through end of summer
(Reuters) - Airbnb Inc said on Thursday it would extend a ban on parties in homes listed on its platform through at least the end of summer in an effort to halt the spread of coronavirus infections. T...
May 27, 2021
Saudi-led coalition says it’s behind military buildup on Red Sea island
DUBAI (Reuters) - The Saudi-led military coalition engaged in Yemen said on Wednesday it had established a presence on a strategic island at the entrance to the Red Sea to counter perceived threats to...
May 27, 2021
Moncler CEO: I don’t see consolidation in Italian fashion market
ROME (Reuters) - The chief executive of Moncler said on Thursday that he did not expect consolidation in the Italian fashion market due to a deep history of family ownership of companies, but indicate...
May 27, 2021
France’s Macron says ‘apologise’ is not the right word in Rwanda genocide
KIGALI (Reuters) - French President Emmanuel Macron said on Thursday "apologise" was not the right word to use when referring to France's role in Rwanda's genocide, after saying earlier he recognised ...
May 27, 2021
Germany, France, Dutch want more say over tech giants’ start-up deals
By Foo Yun Chee BRUSSELS (Reuters) - Draft rules targeted at Alphabet unit Google, Facebook, Amazon and Apple should be beefed up to allow regulators to vet their acquisitions of start-up rivals, Germ...
May 27, 2021
Klarna looking to raise new funds at over $40 billion valuation – report
STOCKHOLM (Reuters) - Swedish payments firm Klarna is close to finalizing a new funding round led by SoftBank that could lift the company's valuation to above $40 billion, Business Insider reported ci...
May 27, 2021
Mediaset investors agree to scrap loyalty share scheme
MILAN (Reuters) - Mediaset shareholders on Thursday agreed to ditch a loyalty share scheme at the Italian broadcaster as part of a wider agreement struck earlier in May to end a years-long dispute wit...
May 27, 2021
Email bomb threat sent after blogger’s plane was diverted over Belarus – Swiss email provider
By Raphael Satter WASHINGTON (Reuters) - Privacy-focused email provider Proton Technologies AG said on Thursday that a bomb threat cited by Belarusian authorities as the reason for diverting a Ryanair...
May 27, 2021
Boeing will pay $17 million settlement over MAX, NG planes – FAA
WASHINGTON (Reuters) - Boeing Co will pay $17 million in penalties under a Federal Aviation Administration settlement after the planemaker installed equipment on 759 737 MAX and NG aircraft containing...
May 27, 2021
Peoria, IL, USA
54 °F Sunny
