Category Archives:
European shares hit seven-week lows as rate hike fears grow
By Anisha Sircar (Reuters) - The main European stocks index skidded to its lowest in seven weeks in a rough start to September on deepening worries about aggressive rate hikes and record-high inflatio...
Syndicated Content Sep 01, 2022
European markets watchdog on red alert for Ukraine war contagion
By Huw Jones LONDON (Reuters) - The European Union's markets watchdog said on Thursday it was on red alert for contagion after inflation stoked by Russia's invasion of Ukraine has threatened markets' ...
Syndicated Content Sep 01, 2022
Russia mulls buying $70 billion in yuan and other ‘friendly’ currencies- Bloomberg
(Reuters) - Russia is considering a plan to buy as much as $70 billion in yuan and other "friendly" currencies this year to slow the rouble's surge, Bloomberg News reported on Thursday. "In the new si...
Syndicated Content Sep 01, 2022
Drone delivery picks up in Africa as Jumia pairs with Zipline
By Bhargav Acharya (Reuters) - Africa-focused e-commerce firm Jumia Technologies has partnered with drone-delivery startup Zipline to deliver household items to remote areas of Ghana, the companies sa...
Syndicated Content Sep 01, 2022
China opposes U.S. move barring Nvidia from selling it high-end chips
BEIJING (Reuters) - A U.S. move to stop Nvidia Corp from selling top artificial intelligence chips to China undermines the legitimate rights and interests of Chinese companies and the stability of glo...
Syndicated Content Sep 01, 2022
Russian stocks ease from recent highs, rouble edges towards 60 vs dollar
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) - Russian stocks eased after a Gazprom-led surge in the previous sessi...
Syndicated Content Sep 01, 2022
Boeing expects MAX 7 to be certified before MAX 10 – executive
NEW DELHI (Reuters) -Boeing Co expects the 737 MAX 7 will be certified by the end of the year and the larger MAX 10 in the first half of 2023, a company executive said on Thursday. The planemaker face...
Syndicated Content Sep 01, 2022
Australia’s property downturn puts home buyers in double mortgage bind
By Byron Kaye SYDNEY (Reuters) - Australia's housing market downturn is squeezing many home sellers into a double bind: They've taken out a mortgage for a new home but are holding out for a good deal ...
Syndicated Content Sep 01, 2022
Walmart enters deal to buy remaining stake in S.Africa’s Massmart
JOHANNESBURG (Reuters) - U.S. retail giant Walmart Inc. has signed an agreement to begin buying the 47% stake in South African retailer Massmart it does not own, the companies said in a joint statemen...
Syndicated Content Sep 01, 2022
Rio Tinto agrees to $3.3 billion deal for rest of Turquoise Hill
By Praveen Menon and Shashwat Awasthi (Reuters) -Rio Tinto on Thursday reached an in-principle agreement to buy the rest of Canadian firm Turquoise Hill Resources for $3.3 billion, which gives the glo...
Syndicated Content Sep 01, 2022
Peoria, IL, USA
69 °F Overcast
