Top-Stories

A Year After Lagos Bloodshed, Nigerians Say Police Reform Promises Prove Hollow Updates

LAGOS (Reuters) – One year ago, Adebanjo Akinwunmi gleefully waved a Nigerian flag at the Lekki Toll Gate, a stretch of tarmac in front of toll booths on a highway on the outskirts of Lagos. Joined by thousands of his countrymen, he demanded an end to what demonstrators said was endemic police brutality. But the …

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California Ports, Key To U.S. Supply Chain, Among World’s Least Efficient Updates 2021

LOS ANGELES (Reuters) – Southern California’s Los Angeles and Long Beach ports handle the most ocean cargo of any ports in the United States, but are some of the least efficient in the world, according to a ranking by the World Bank and IHS Markit. In a review of 351 container ports around the globe, …

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Lower Rates Mean Climate Costs Higher Than Thought, SF Fed Paper Says Updates 2021

A decades-long drop in global real interest rates means that the U.S. government and other entities may be vastly underestimating the true future economic cost of climate change, according to research published on Wednesday by the San Francisco Federal Reserve. The Biden administration employs a $50-per-ton estimate for the “social cost of greenhouse gases” in …

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Micron Considering New U.S. Memory Chip Factory As It Gears Up Spending News Updates

Micron Technology Inc (NASDAQ:MU) said on Wednesday it is considering building a new memory factory in the United States but that state and federal subsidies will be needed to offset costs that are higher than its factories in Asia. The Boise, Idaho-based company is the only American firm that makes both key types of memory …

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UBS Warned Santander It Would Apply Compensation Rules To Orcel If He Left Updates

The Swiss bank strips any employee leaving voluntarily to join another financial company of any deferral payments, Weber said. Andrea Orcel, who was UBS’s top investment banker at the time, is suing Santander in a Spanish court over the withdrawal of an offer to make him CEO on disagreements over a financial compensation of deferral …

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Updates 2021: Energy, Services Boost Euro Zone Inflation As Expected In Sept

The European Union’s statistics office Eurostat said consumer prices in the 19 countries using the euro rose 0.5% month-on-month in September for a 3.4% year-on-year rise, as earlier estimated by Eurostat. While the headline number was well above the European Central Bank’s target of 2%, the overshoot was mainly a result of a 17.6% year-on-year …

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Warwick Investment Group Completes Deal In Belgravia Updates 2021

LONDON, Oct. 20, 2021 /PRNewswire/ — Warwick Investment Group has acquired a private gated development of nine freehold houses in London’s Belgravia as part of its residential strategy to consolidate residential properties in the UK. St Barnabas Mews is a strong complement to Warwick’s value-add strategy which is focused on creating spaces suitable for long-term …

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Updates NEWS: Top Players Shell, Phillipes 66, Exxon Mobil | Hexane Market Size, Share, Demand Report 2021 Forecast 2027

Understand the influence of COVID-19 on the Hexane Market with our analysts monitoring the situation across the globe. Strategic Report: Hexane Market 2021, analyzes the current trends, drivers, and inhibitors impacting the business intelligence market. The report outlines the evolution of Hexane identifies and assesses the best performing vendors in the market. This report also …

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Czech Car Sector To Make 250,000 Fewer Vehicles This Year Due To Chip Shortage News UPDATES

AutoSAP said domestic passenger car production dropped by 53.1% in September year-on-year, to 56,157 cars. It said the chip shortage impact would exceed that of pandemic shutdowns last year, and called on the government to activate an aid programme created amid the coronavirus pandemic last year to compensate firms for wages of idled workers. AutoSAP …

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