Investors in high-flying electric carmaker Tesla Inc are questioning whether Elon Musk's $1.5 billion outlay into bitcoin will be as good for the company as it has been for the cryptocurrency.
Russia's largest logistics firm CDEK plans to borrow up to almost $136 million in bonds and is considering an initial public offering in the coming years, spurred on by a boom in parcel volumes during the COVID-19 pandemic, it told Reuters.
President Joe Biden is considering nominating Michigan State University economist Lisa Cook to an open seat on the U.S. Federal Reserve Board, Axios reported on Wednesday, citing unidentified people familiar with the matter.
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ROME (Reuters) - If Italy’s prime minister-designate Mario Draghi gets his government off the ground, he will have to confront several thorny problems that - in previous jobs - he had a role in creating.
FILE PHOTO: Former European Central Bank President Mario Draghi arrives for a meeting with Italian President Sergio Mattarella at the Quirinale Palace in Rome, Italy February 3, 2021. REUTERS/Yara Nardi/File Photo
Draghi, a former European Central Bank chief, is feted in Italian media as a national saviour and parties who have fought each other for years now want to join forces in his coalition, but his record has shadows as well as light.
Hungary expects to receive 500,000 doses of the Chinese firm Sinopharm's coronavirus vaccine next week and plans to start administering it soon, becoming the first EU country to use it, Prime Minister Viktor Orban's chief of staff said on Thursday.