Category Archives:
China toughens loss-absorbing capacity rules for systemically important banks
BEIJING (Reuters) - China published rules on Friday that require its systematically important banks to beef up capacity to absorb losses to head off financial instability. Those banks, which include t...
Oct 29, 2021
Meta Platforms shares rise as Facebook rebrands to focus on metaverse
(Reuters) - Shares of Meta Platforms Inc rose marginally in premarket trading on Friday after social media giant Facebook rebranded itself to build the "metaverse", a shared virtual environment. Chief...
Oct 29, 2021
Bank of China’s Q3 net profit climbs 13.2%
BEIJING/SHANGHAI (Reuters) - Bank of China Ltd (BoC), the country's fourth-biggest lender by assets, on Friday reported a 13.2% increase in third-quarter net profit. Net profit for the July-September ...
Oct 29, 2021
UK serves initial enforcement order on CD&R, Morrisons over $10 billion deal
(Reuters) - Britain's competition regulator on Friday served an initial enforcement order on private equity firm CD&R and Morrisons over the former's 7 billion pound ($9.64 billion) purchase of the su...
Oct 29, 2021
G20 leaders must push for WTO conference to be a success – WTO chief
ROME (Reuters) - Country leaders meeting at the G20 summit in Rome must push for the World Trade Organization (WTO) major ministerial conference next month to be a success, the head of the trade body ...
Oct 29, 2021
Yellen expects inflationary pressures to ease by second half of 2022
ROME (Reuters) - U.S. Treasury Secretary Janet Yellen on Friday said she still sees inflation as a temporary result of severe supply chain bottlenecks, and expects price increases to normalize during ...
Oct 29, 2021
Anglo American aims to halve indirect greenhouse gas emissions by 2040
(Reuters) - Anglo American said on Friday it aims to halve its indirect greenhouse gas emissions by 2040, as the miner bolsters renewable electricity supply in South America and explores ways to bette...
Oct 29, 2021
ECB’s Mueller says high inflation could force cut in stimulus
FRANKFURT (Reuters) - The European Central Bank can end emergency bond purchases next spring and needs to watch consumer prices as persistently high inflation could require a reduction of stimulus, Es...
Oct 29, 2021
Taiwan’s economy grows more slowly than expected in Q3 on COVID hit
TAIPEI (Reuters) - Taiwan's economy grew slightly more slowly than expected in the third quarter as coronavirus curbs to contain a local COVID-19 outbreak weighed on consumption, though the island's h...
Oct 29, 2021
Supply shortages hold back German third-quarter growth
BERLIN (Reuters) - Supply bottlenecks hampering German manufacturers held back German output in the third quarter, data showed on Friday. Europe's largest economy grew by 1.8% quarter on quarter in ad...
Oct 29, 2021
Peoria, IL, USA
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