Category Archives:
Evergrande’s long-delayed 2021, 2022 results show significant losses
HONG KONG (Reuters) - Embattled property developer China Evergrande Group on Monday published its long delayed results for fiscal 2021 and 2022, posting significant losses and big drops in revenue. Th...
Jul 17, 2023
Turkey’s cenbank to deliver another substantial rate hike to 20%: Reuters Poll
By Ali Kucukgocmen ISTANBUL (Reuters) - Turkey's central bank is expected to raise its policy rate by 500 basis points to 20% this week, a Reuters poll showed on Monday, making good on its pledge of f...
Jul 17, 2023
Motor-biking dog and owner cruise Brazil’s streets to help hungry pups
By Leonardo Benassatto SAO PAULO (Reuters) - Miguel Pereira de Souza and his dog Ruby zoom through Brazil's sprawling metropolis Sao Paulo on a motor-bike on a mission: hand out free dog food to less ...
Jul 17, 2023
India needs to grow at 7.6% a year for 25 years to be a developed nation -cenbank bulletin
MUMBAI (Reuters) - India will need to grow at a rate of 7.6% annually for the next 25 years to become a developed nation, according to a research paper published by the central bank in its monthly bul...
Jul 17, 2023
India’s fight against inflation far from over – RBI bulletin
By Swati Bhat and Siddhi Nayak MUMBAI (Reuters) - Food price spikes in India, typical at the onset of the monsoon, drove up headline inflation in June, corroborating the monetary policy committee's (M...
Jul 17, 2023
German union calls for better staffing at Tesla plant amid expansion plans
FRANKFURT (Reuters) - Germany's top union IG Metall on Monday called for Tesla to improve staffing conditions at its German gigafactory as it prepares to expand, with the carmaker due to publish its e...
Jul 17, 2023
Fisker to sell limited edition electric SUVs in India by fourth quarter
(Reuters) - U.S. startup Fisker said on Monday it would produce 100 limited edition electric sports utility vehicles (SUVs) for the Indian market and expects to begin deliveries in the fourth quarter ...
Jul 17, 2023
Traders bulk up on biggest bull position in sterling since Brexit
By Nell Mackenzie LONDON (Reuters) - Speculators have amassed their biggest long position in sterling in dollar terms since Brexit, but untamed inflation and weak growth mean the party in the pound wi...
Jul 17, 2023
Russia to hike rates to 8% as weak rouble adds to inflation concerns: Reuters poll
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) - Russia's central bank is expected to hike rates to 8% on Friday, increasing the cost of borrowing for the first time in over a year as the ...
Jul 17, 2023
ICE buyout target Black Knight to sell unit to ease antitrust concerns
(Reuters) - U.S. mortgage data vendor Black Knight said on Monday it would sell its Optimal Blue business for $700 million, in an attempt to quell antitrust concerns over its proposed buyout by NYSE-o...
Jul 17, 2023
Peoria, IL, USA
51 °F Sunny
