Category Archives:
China’s Tencent Music beats revenue estimates on paid subscriber growth
(Reuters) -China's Tencent Music Entertainment beat estimates for third-quarter revenue on Tuesday, helped by steady growth in paid subscriptions on its music streaming platform. Tencent Music, which ...
Nov 14, 2023
German cartel office opens probe into Coca-Cola over pricing practices
(Reuters) - The German cartel office said on Tuesday it opened an investigation into Coca-Cola Europacific Partners Deutschland over pricing practices in the country. "There are indications that Coca-...
Nov 14, 2023
Google fined $164,000 for failing to store user data inside Russia
MOSCOW (Reuters) - Google was fined 15 million roubles ($164,000) on Tuesday for repeated refusal to store Russian users' data on servers inside Russia, a Moscow court said. Russia has repeatedly clas...
Nov 14, 2023
European shares inch higher ahead of US inflation data
(Reuters) - European stocks edged higher on Tuesday, led by automobiles and basic resources shares, as investors geared up for a key U.S. inflation report that could offer more clarity on the Federal ...
Nov 14, 2023
SNB ‘will not hesitate’ to tighten monetary policy further-chairman
ZURICH (Reuters) - The Swiss National Bank will monitor the development of inflation closely in the coming weeks ahead of its next meeting in December, Chairman Thomas Jordan said on Tuesday. "We emph...
Nov 14, 2023
Middle East asset manager Investcorp eyes up to $550 million in first China yuan fund
By Roxanne Liu and Kane Wu BEIJING (Reuters) - Bahrain-based alternative asset manager Investcorp is aiming to raise 2 billion to 4 billion yuan ($274 million-$548 million) for its first private equit...
Nov 14, 2023
Exclusive-China orders local governments to cut exposure to public-private projects as debt risks rise, sources say
BEIJING (Reuters) - China has ordered its local governments to halt public-private partnership projects identified as "problematic" and replaced a 10% budget spending allowance for these ventures with...
Nov 14, 2023
South Korea court grants ex-Samsung exec bail in industrial espionage case
SEOUL (Reuters) - A South Korean court has granted bail to a former executive of Samsung Electronics accused of stealing sensitive information developed by the technology giant, court records showed o...
Nov 14, 2023
UK wage growth edges down but stays close to record high
LONDON (Reuters) - British wages grew slightly less fast in the three months to September but remained close to their record pace, according to official data that will do little to ease the Bank of En...
Nov 14, 2023
Japan’s Kioxia reports Q2 loss, says prices have bottomed out
By Sam Nussey TOKYO (Reuters) - Japan's Kioxia on Tuesday reported a 100.8 billion yen ($664.5 million) operating loss in the second quarter as earnings were hit by a slump in demand for memory chips ...
Nov 14, 2023
Peoria, IL, USA
59 °F Thunderstorm In Vicinity, Rain, Mist
