FILE PHOTO: Customers fuel up at a Shell gas station in Westminster, Colorado October 30, 2008. REUTERS/Rick WilkingLONDON (Reuters) -Shell officially changed its name on Friday, ditching “Royal Dutch”, which has been part of its identity since 1907, following plans…
Read MoreIntel to invest $20 billion to build manufacturing plants in Ohio
FILE PHOTO: An Intel Corporation logo is seen on a sticker on a laptop for sale in Queens, New York, U.S., November 16, 2021. REUTERS/Andrew Kelly/File Photo(Reuters) – Intel Corp said on Friday it would invest $20 billion to build…
Read MoreAnalysis-German big business piles pressure on Lithuania in China row
VILNIUS/FRANKFURT (Reuters) – Lithuania is under pressure from German companies to back down in a dispute with China to end a blockade of the Baltic state, as European trade officials struggle to defuse the row, people familiar with the matter…
Read MoreColoradans bought more vehicles last year despite limited supply
Higher prices and restricted choices on dealer lots didn’t deter Colorado consumers from buying more vehicles last year than they did in 2020, according to the Colorado Auto Outlook from the Colorado Automobile Dealers Association. Buyers registered 242,931 new cars…
Read MorePrices at the dairy chiller on the way up as world prices boom
The price of milk, butter and cheese is to rise at the grocery store chiller as global dairy prices hit a seven-year high. Local market heavyweight Fonterra Brands says it’s told its New Zealand customers wholesale prices for milk, cream,…
Read MoreKing Soopers accuses striking workers of wrongdoing, seeks restraining order against union
Much of the action Tuesday between King Soopers and the union representing more than 8,000 employees on strike took place in court, where the grocery store chain filed a restraining order accusing union members of blocking customers’ access to stores,…
Read MoreOmicron outbreak: MIQ-dodging family: Customs confirms one point, other agencies scrambling
Details about an apparent MIQ-dodging family are lost in an information black hole between multiple agencies as they play pass the buck. On Monday, Kiwiblog’s David Farrar posted about the story of “a Kiwi family in Australia who were desperate…
Read MoreRisk of central bank hikes prompts investors to shun tech – surveys
A man points at a computer screen showing stock information in this illustration photo taken in Bordeaux, France, March 30, 2016. REUTERS/Regis DuvignauLONDON (Reuters) – High-flying tech stocks, the darling of the pandemic, are the top shunned counters in the…
Read MoreRegulators will show more muscle this year, directors warned
Company leaders can expect regulators to flex their muscles more this year as they take advantage of extended remits, better resources and strengthened enforcement powers, says the Institute of Directors. Directors in 2022 should plan for proactive self-reporting, early engagement…
Read MoreThe $85m spend to revive KiwiRail workshops that officials recommended against
Officials recommended against an $85m government investment in the revival of KiwiRail’s heavy-engineering workshops in Dunedin in the 2021 budget, but Ministers pushed ahead with the spending last year regardless. The promise to revive Hillside workshops was a Labour Party…
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