Tag Archives: AMERS

Saudi NEOM’s tech unit rebrands, invests $1 bln in 2022 -CEO

Saudi Crown Prince Mohammed Bin Salman proclaims a zero-carbon metropolis known as “The Line” to be constructed at NEOM in northwestern Saudi Arabia, January 10, 2021. Bandar Algaloud/Courtesy of Saudi Royal Courtroom/Handout by way of REUTERS/File Photograph Register now for FREE limitless entry to Reuters.com Register RIYADH, Sept 27 (Reuters) – NEOM Tech & Digital, a subsidiary of… Read More »

2022’s vacation supply problem: softening e-commerce demand

Register now for FREE limitless entry to Reuters.com Register LOS ANGELES, Sept 19 (Reuters) – FedEx (FDX.N), United Parcel Service (UPS.N) and different supply corporations that struggled with an excessive amount of pandemic-fueled demand from on-line retailers like Amazon and Walmart, now have the other downside – an excessive amount of supply capability. On-line gross sales began fizzling… Read More »

Peru lowers 2022 development forecast and abandons mining tax hike plan

LIMA, Aug 25 (Reuters) – Peru on Thursday lowered the nation’s financial development forecast to three.3% this yr, the finance minister stated, and formally deserted a plan to hike taxes on the mining trade amid falling metallic costs, excessive inflation and slowing development. The brand new forecast is considerably larger than the Refinitiv common of two.6% however is… Read More »

Toronto market seen increased in 2022, 2023 regardless of selloff fears

An indication board displaying Toronto Inventory Alternate (TSX) inventory info is seen in Toronto June 23, 2014. Canada’s essential inventory index was little modified on Monday as weak point in monetary and power shares offset positive aspects within the supplies sector. REUTERS/Mark Blinch Register now for FREE limitless entry to Reuters.com Register TORONTO, Aug 24 (Reuters) – Canada’s… Read More »