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UK credit default swaps hit fresh 27 month high
LONDON (Reuters) - The cost of insuring exposure to Britain's sovereign debt rose by 2 basis points on Wednesday, hitting levels last seen in June 2020 when markets were recovering from the COVID-19 r...
Syndicated Content Sep 07, 2022
Germany’s Scholz: prices for energy deliveries must be lowered
BERLIN (Reuters) - Germany is working to bring down energy prices by building up infrastructure for global gas imports as well as working with European partners, said Chancellor Olaf Scholz on Wednesd...
Syndicated Content Sep 07, 2022
UniCredit CEO sees “shallow” recession ahead
FRANKFURT (Reuters) - UniCredit Chief Executive Andrea Orcel said on Wednesday Italy's second biggest bank expected a "relatively shallow" recession in Europe followed by a rebound in 2024. Speaking a...
Syndicated Content Sep 07, 2022
Putin says Russia has ‘no problems’ selling energy resources
VLADIVOSTOK, Russia (Reuters) - Russian President Vladimir Putin said Russia would have no problems selling its vast energy resources around the world, despite Western sanctions designed to cut off th...
Syndicated Content Sep 07, 2022
Rouble slips as Putin addresses forum in Russia’s far east
MOSCOW (Reuters) - The rouble opened weaker on Wednesday, under pressure from lower oil prices, as President Vladimir Putin told an economic forum in Russia's far east that the West's futile and aggre...
Syndicated Content Sep 07, 2022
Samsung CEO seeks ‘common denominator’ in Sino-U.S. chip war
By Joyce Lee PYEONGTAEK, South Korea (Reuters) - Samsung Electronics Co Ltd is seeking a "common denominator" as it navigates restrictions on U.S. tech exports to China where the South Korean firm mak...
Syndicated Content Sep 07, 2022
India’s overall forex reserves to shrink further this year – Deutsche Bank
MUMBAI (Reuters) - India's overall foreign exchange reserves will deplete further this year due to a ballooning current account deficit and interventions by the central bank to support the rupee, Deut...
Syndicated Content Sep 07, 2022
Israel’s StoreDot moves closer to 2024 production of fast-charge batteries
By Paul Lienert (Reuters) - Israeli startup StoreDot has shipped production-ready samples of its fast-charge electric vehicle battery cells to strategic partners and potential customers as it moves cl...
Syndicated Content Sep 07, 2022
Ubisoft shares tumble as Tencent deal seen dampening buyout prospects
(Reuters) - Shares in Ubisoft dropped 9% on Wednesday after it announced a deal that will see China's Tencent Holdings raise its stake in the company, a move seen as a signal that a full sale of the F...
Syndicated Content Sep 07, 2022
Putin says developing world being ‘cheated’ by Ukraine grain deal
VLADIVOSTOK, Russia (Reuters) - Russian President Vladimir Putin said on Wednesday Russia and the developing world had been "cheated" by a landmark grain deal designed to alleviate a looming food cris...
Syndicated Content Sep 07, 2022
Peoria, IL, USA
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