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Payments company Adyen’s shares drop more than 20% after earnings miss
AMSTERDAM (Reuters) - Shares in Dutch payments processor Adyen NV fell by more than 20% on Thursday after first-half earnings missed analysts' estimates and the company's own targets. Adyen, which pro...
Syndicated Content Aug 17, 2023
Explainer-Country Garden: How bad is China’s property crisis?
By Clare Jim HONG KONG (Reuters) - The debt crisis at Country Garden, China's largest property developer before this year and once considered a financially sound company, has triggered fresh contagion...
Syndicated Content Aug 17, 2023
European shares fall as BAE drags defence firms, Fed minutes sour sentiment
(Reuters) - European shares fell on Thursday, dragged by BAE Systems after it agreed to buy Ball Corp's aerospace business, while minutes of the U.S. Federal Reserve's July meeting sparked concerns of...
Syndicated Content Aug 17, 2023
China investors jump into municipal bonds, hopes of state support outweigh debt woes
By Li Gu and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) - China's promise of a "comprehensive" package to address local debt issues has triggered a rush into bonds issued by local government financing...
Syndicated Content Aug 17, 2023
Philippines central bank keeps interest rates steady
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) - The Philippine central bank left its benchmark interest rate unchanged at 6.25% for a third straight meeting on Thursday to balance the n...
Syndicated Content Aug 17, 2023
Analysis-China’s crackdowns rewrite investors’ private sector playbook
By Samuel Shen and Summer Zhen SHANGHAI/HONGKONG (Reuters) - Buy the state, sell the capitalist - that's how global investors are trying to play China's latest anti-graft crackdowns as they see privat...
Syndicated Content Aug 17, 2023
China to set up solar, wind recycling system as waste volumes surge
SINGAPORE (Reuters) - China, the world's biggest renewable equipment manufacturer, will set up a recycling system for ageing wind turbines and solar panels as it tries to tackle the growing volumes of...
Syndicated Content Aug 17, 2023
Norway oil companies to boost investments, survey shows
OSLO (Reuters) - Norwegian oil and gas companies plan to invest more in 2023 and 2024 than previously thought, driven mainly by rising activity as well as cost inflation from a weaker crown currency, ...
Syndicated Content Aug 17, 2023
Chinese officials meet with foreign firms to ease data law fears – Bloomberg News
(Reuters) - China's internet regulator is reaching out to foreign firms including Walmart and PayPal to discuss ways to navigate Beijing's new data-security rules, Bloomberg News reported on Thursday,...
Syndicated Content Aug 17, 2023
US to escalate claim that Mexico corn policy violates trade pact -Bloomberg News
(Reuters) - The United States is preparing to escalate its complaint that Mexico's ban on genetically modified corn violates the neighbours' free-trade deal, Bloomberg News said on Thursday. The offic...
Syndicated Content Aug 17, 2023
Peoria, IL, USA
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