Category Archives:
Demand for cloud and data lifts Capgemini’s Q1 revenue
(Reuters) - French IT consulting company Capgemini posted on Thursday an increase in its first-quarter revenue, citing growth in its cloud and data activities. The firm, which offers its services to i...
Apr 28, 2022
Bank of Japan vows limitless defence of yield target
SINGAPORE (Reuters) - The Bank of Japan on Thursday maintained its massive stimulus programme and a pledge to keep interest rates low, reinforcing its resolve to support a fragile economy. The central...
Apr 27, 2022
China Evergrande targets sales of $152 million in Golden Week holiday
HONG KONG (Reuters) - Embattled China Evergrande Group is targeting sales of 1 billion yuan ($152.26 million) during China's Golden Week holiday, a person with knowledge of the matter said, as the pro...
Apr 27, 2022
Factbox-Warren Buffett, Berkshire Hathaway at a glance
By Jonathan Stempel and Carolina Mandl OMAHA, Neb. (Reuters) - Warren Buffett is welcoming tens of thousands of people to Omaha, Nebraska for the first time since 2019 to attend the annual shareholder...
Apr 27, 2022
Warren Buffett’s ‘Woodstock for Capitalists’ a smaller affair after pandemic
By Jonathan Stempel and Carolina Mandl OMAHA, Neb. (Reuters) - Warren Buffett's Berkshire Hathaway Inc will hold its annual shareholder meeting in person on Saturday for the first time since before th...
Apr 27, 2022
StanChart Q1 profit rises 6%, beats estimates
SINGAPORE (Reuters) - Standard Chartered's first-quarter pre-tax profit rose 6%, beating market expectations, as the emerging markets-focused lender benefited from rising interest rates. Statutory pre...
Apr 27, 2022
The rise and fall of Bill Hwang’s ‘house of cards’
By Michelle Price WASHINGTON (Reuters) - Bill Hwang spent 25 years building his career, but his downfall took just four days. The now-notorious owner of Archegos Capital Management took extraordinary ...
Apr 27, 2022
Omicron, imports expected to restrain U.S. growth in first quarter
By Lucia Mutikani WASHINGTON (Reuters) - U.S. economic growth likely slowed sharply in the first quarter as a wave of COVID-19 cases curbed activity, but retained sufficient underlying strength to kee...
Apr 27, 2022
Some N.Koreans find ways around govt smartphone controls, report says
SEOUL (Reuters) - Despite North Korea intensifying efforts to stop citizens from seeing information coming from outside the country, a few tech savvy individuals are managing to circumvent tight gover...
Apr 27, 2022
BOJ maintains stimulus, vows to continue unlimited bond buying
TOKYO (Reuters) - The Bank of Japan maintained its massive stimulus on Thursday and pledged to continue buying unlimited amounts of 10-year government bonds to defend its implicit 0.25% cap, signallin...
Apr 27, 2022
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