Category Archives:
Catering group Sodexo lifts forecasts on return to schools
(Reuters) - French catering and food services group Sodexo on Thursday raised its second-half revenue and profit margin forecasts, betting on the full reopening of schools in the Americas. The Paris-b...
Jul 01, 2021
India’s factory activity shrinks for first time in 11 months amid COVID-19 crisis
BENGALURU (Reuters) - India's factory activity contracted for the first time in almost a year in June as restrictions to contain the deadly second wave of the coronavirus triggered declines in demand ...
Jul 01, 2021
Japan’s sales tax revenue exceeds Y20 trillion for 1st time – document
By Takaya Yamaguchi TOKYO (Reuters) - Japan saw sales tax revenue exceeded 20 trillion yen ($180 billion) in the fiscal year that ended in March for the first time since the levy was introduced more t...
Jul 01, 2021
Insurance tech startup bolttech raises $180 million, valued at over $1 billion
By Jane Lanhee Lee (Reuters) - Insurance tech startup bolttech on Thursday said it raised $180 million in a funding round, led by private investment firm Activant Capital Group, that valued it at more...
Jul 01, 2021
U.S. natgas companies put hydrogen to the test
By Stephanie Kelly and Scott DiSavino NEW YORK (Reuters) - At least two dozen U.S. energy firms, including Dominion Energy Inc and Sempra Energy, have started producing hydrogen or testing its viabili...
Jul 01, 2021
PepsiCo vows to cut soda sugar levels by 25% in EU by 2025
(Reuters) - PepsiCo Inc said on Thursday it plans to reduce sugar content in sodas and iced teas by a fourth in the European Union and launch more nutritious snacks by 2025, to attract more health-con...
Jul 01, 2021
Asia M&A bonanza fuelled by Southeast Asia, private equity deals
By Kane Wu and Anshuman Daga HONG KONG/SINGAPORE (Reuters) - Asian merger and acquisition activity surged to its second-highest level ever for a first half as Southeast Asian and private-equity deals ...
Jul 01, 2021
Olympics-Samoa withdraws weightlifters but other athletes to attend
By Ian Ransom and Jonathan Barrett TOKYO (Reuters) - Samoa is withdrawing its weightlifting team from the Tokyo Games because of COVID-19 curbs, the chief of the Pacific nation's Olympic committee sai...
Jul 01, 2021
Malaysia digital banking lures dozens of firms as fintechs expand in Asia
By Anshuman Daga SINGAPORE (Reuters) - Southeast Asian ride-hailing-to-fintech group Grab and budget airline AirAsia were among more than a dozen bidders involving over 50 companies that are vying for...
Jul 01, 2021
Indonesia president confirms emergency measures to apply July 3-20
JAKARTA (Reuters) - Indonesian President Joko Widodo said on Thursday that tougher social restrictions would be in place from July 3-20 to stem a spike in coronavirus cases. "With cooperation from all...
Jun 30, 2021
Peoria, IL, USA
43 °F Overcast
