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China to replace $140 billion LGFV debt with local bonds – Bloomberg News
BEIJING (Reuters) -China will let local governments raise about 1 trillion yuan ($140 billion) through bond sales to repay the debt of local-government financing vehicles (LGFVs) and other off-balance...
Syndicated Content Aug 11, 2023
Take Five: Are we there yet?
(Reuters) - As the world's central banks near the end of what has felt like a relentless string of interest rate rises, investors are taking a close look at how consumers and businesses are dealing wi...
Syndicated Content Aug 11, 2023
European shares fall as cooling US inflation fails to ease jitters
(Reuters) - European shares opened lower on Friday after a Wall Street rally fuelled by tame inflation data fizzled out, though better-than-expected earnings put the benchmark STOXX 600 on course for ...
Syndicated Content Aug 11, 2023
Spain 12-month inflation at 2.3% in July, up from 1.9% in June
(Reuters) -Spanish national consumer prices rose 2.3% in the 12 months through July, final data from the National Statistics Institute (INE) showed on Friday. The final reading confirmed both the flas...
Syndicated Content Aug 11, 2023
French inflation confirms its slowdown at 5,0% in July- final figures
PARIS (Reuters) - French annual inflation reached 5.0% in July, in line with preliminary figure and down from 5.3% in June, dragged down by lower energy, food and manufacturing prices, according to fi...
Syndicated Content Aug 11, 2023
China drugmakers axe IPO plans as they face scrutiny in anti-graft drive
By Jason Xue and Tom Westbrook SHANGHAI (Reuters) - A growing number of healthcare companies in China are shelving their initial public offering (IPO) plans as its stock exchanges have stepped up scru...
Syndicated Content Aug 11, 2023
UK economy grows unexpectedly in Q2 but still lags peers
By Andy Bruce and David Milliken LONDON (Reuters) -Britain's economy eked out unexpected growth in the second quarter, laying the ground for more interest rate hikes from the Bank of England, but it r...
Syndicated Content Aug 11, 2023
Analysis-China avoids climate change discussion despite extreme weather
By Martin Quin Pollard BEIJING (Reuters) - Record heat and historic floods in China this summer have failed to ignite domestic public debate about how the world's top carbon polluter can mitigate clim...
Syndicated Content Aug 11, 2023
ChatGPT fever spreads to US workplace, sounding alarm for some
By Richa Naidu, Martin Coulter and Jason Lange LONDON/WASHINGTON (Reuters) - Many workers across the U.S. are turning to ChatGPT to help with basic tasks, a Reuters/Ipsos poll found, despite fears tha...
Syndicated Content Aug 11, 2023
Flash flood in China kills five villagers who were herding sheep
BEIJING (Reuters) - A flash flood in northwest China on Thursday night killed five villagers who were in the hills rounding up their sheep, sweeping their car into a rapidly rising river, local media ...
Syndicated Content Aug 11, 2023
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