Category: REU

May 30

Singaporean fund GIC takes minority stake in German gas specialist Messer

Article content FRANKFURT — German industrial gases company Messer said on Tuesday that Singaporean sovereign wealth fund GIC has invested a minority stake in the business as part of a strategic partnership. The proceeds from the investment will help Messer take full control of its Messer Industries joint venture, financing the acquisition of shares from […]
May 30

US agency says 8.3 mln homes, businesses lack access to high-speed broadband

Article content WASHINGTON — More than 8.3 million U.S. homes and businesses lack access to high-speed broadband internet, the Federal Communications Commission said Tuesday in unveiling its revised national broadband access map. The FCC said it has increased its estimates of homes and businesses without access by nearly 330,000 locations. The data is crucial for […]
May 29

Funds avoid transition to bear territory in CBOT soybeans -Braun

Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Karen Braun Published May 29, 2023  •  2 minute read Join the conversation Article content NAPERVILLE — Speculators nearly abandoned bullish bets in Chicago soybeans last week as global supplies are seen sufficiently building over the next year, but a short-covering bounce mid-week […]
May 28

Fed’s Goolsbee says U.S. debt ceiling deal avoids ‘extremely negative’ consequences

Article content Chicago Federal Reserve Bank President Austan Goolsbee on Sunday welcomed news of a deal to suspend the U.S. debt ceiling, saying failure to forge an agreement would be “extremely negative” for the financial system and broader economy. Interviewed on CBS’s “Face the Nation,” he declined to say whether he would support an interest-rate […]
May 26

India to push back against ‘agenda-driven’ global ranking firms – Modi advisor

Breadcrumb Trail Links PMN Business Author of the article: Reuters Sarita Chaganti Singh Published May 26, 2023  •  2 minute read Join the conversation Article content NEW DELHI — India plans to push back against “agenda-driven,” “neo-colonial” country rankings produced by global agencies on topics like governance and press freedom, a key advisor to Indian […]
May 25

Senators urge Commerce to prioritize national security in chips funding

Article content WASHINGTON — Two key U.S. senators said on Thursday they want the Commerce Department to prioritize national and economic decisions in awarding $39 billion in semiconductor manufacturing subsidies rather than using the funds to aid ailing companies. Senate Intelligence Committee chair Mark Warner and Republican Senator John Cornyn said in a letter the […]