Category Archives:
China to step up support for cultural and tourism recovery – central bank
BEIJING (Reuters) - China's central bank will guide domestic financial institutions to provide credit services to the cultural and tourism sectors which have been hit hard by the COVID-19 pandemic, it...
Jul 25, 2022
Blue Monday: Marketmind
A look at the day ahead in markets from Sujata Rao. U.S. Treasury Secretary Janet Yellen said on Sunday a recession is not inevitable but most economic data has been pointing the other way, including ...
Jul 25, 2022
Factbox-Australian miners warn of labour shortage, higher costs
(Reuters) - Australian mining firms said a dearth of skilled labour hit output and warned of lower production in fiscal 2022 and 2023, while also grappling with a surge in costs. Strict border restric...
Jul 25, 2022
France’s Eutelsat in talks over possible merger with UK satellite operator OneWeb
PARIS (Reuters) - French satellite company Eutelsat said it was in talks with British rival OneWeb over a possible merger deal, which would help both companies challenge the likes of Elon Musk-owned S...
Jul 25, 2022
UK watchdog fines KPMG $24 million over Carillion, Regenersis audits
(Reuters) - Britain's audit watchdog on Monday fined KPMG 20 million pounds ($23.93 million) after a probe into false and misleading information provided to the regulator over the audits of constructi...
Jul 25, 2022
Vodafone’s biggest market Germany goes into reverse
LONDON (Reuters) - Mobile and broadband group Vodafone reported a drop in service revenue in its largest market Germany in the first quarter, reflecting broadband and TV losses in the second half of i...
Jul 25, 2022
Tech giants to self-regulate in reducing harmful content in New Zealand
By Lucy Craymer WELLINGTON (Reuters) - Big tech companies agreed on Monday to reduce harmful online content in New Zealand, making a move that critics said dodged the alternative of government regulat...
Jul 25, 2022
China regulator denies report on data strategy to avoid U.S. delistings
HONG KONG (Reuters) - China's securities regulator on Monday denied a media report that said Beijing planned to sort U.S.-listed Chinese companies based on the sensitivity of the data they hold in an ...
Jul 25, 2022
Kuehne + Nagel’s quarterly earnings rise despite volatile supply chains
(Reuters) - Swiss logistics group Kuehne & Nagel International on Monday reported a 79% rise in its second-quarter net profit, citing growth in all business units despite volatile supply chains. Net p...
Jul 25, 2022
Swiss bank Julius Baer hit by market downturn during first half of year
ZURICH (Reuters) -Julius Baer reported on Monday a 26% drop in shareholders' profit for the first half of 2022, as the Swiss wealth manager was hit by what it called "one of the worst six-month period...
Jul 25, 2022
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