Category Archives:
China developers speed up diversification after debt-led growth fuels crisis
By Clare Jim HONG KONG (Reuters) - Chinese developers are heeding Beijing's call and accelerating a push into asset-light businesses such as property services and commercial real estate to cut their r...
Apr 19, 2022
New Zealand imposes new sanctions on Russian banks
WELLINGTON (Reuters) - New Zealand unveiled new sanctions on Tuesday targeting Russia's largest banks and financial institutions, in its response to the invasion of Ukraine. "We are deeply concerned a...
Apr 19, 2022
Dollar index passes 101 for first time in two years as yen slide continues
By Alun John HONG KONG (Reuters) - The dollar index rose past 101 for the first time since March 2020 on Tuesday, as the greenback set its latest 20-year high on the yen and tested a two-year peak on ...
Apr 19, 2022
Cryptoverse: Gold coins glimmer amid the global gloom
By Lisa Pauline Mattackal and Medha Singh (Reuters) - A fledgling class of crypto that feasts on risk is outshining a wider market paralyzed by war and inflation. Coins backed by gold are newer varian...
Apr 19, 2022
Explainer-What would Japan’s currency intervention to combat a weak yen look like?
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) - Japanese policymakers escalated their warnings against sharp yen falls with the finance minister saying the currency's slump to two-decade lows ...
Apr 19, 2022
New Zealand should spend cautiously, fiscal rules expected – Finance Minister
By Lucy Craymer WELLINGTON (Reuters) - New Zealand's finance minister said on Tuesday the government should continue to be careful about spending and flagged the introduction of new fiscal rules in th...
Apr 19, 2022
Analysis-Soaring battery costs fail to cool electric vehicle sales
By Paul Lienert and Nick Carey (Reuters) - Buyers around the world are lining up to purchase electric vehicles this year even with sticker prices surging, flipping the script on a decade and a half of...
Apr 19, 2022
Rolls-Royce expecting UK approval for mini nuclear reactor by mid-2024
By Isabel Kua (Reuters) - A Rolls-Royce design for a small modular nuclear reactor (SMR) will likely receive UK regulatory approval by mid-2024 and be able to produce grid power by 2029, Paul Stein, c...
Apr 18, 2022
Chlorine leak at Olin plant in Louisiana spurs order to shelter in place
LOS ANGELES (Reuters) - Authorities issued an order on Monday telling residents of Plaquemine in the U.S. state of Louisiana to shelter in place following a fire and chlorine spill at Olin Corp's plan...
Apr 18, 2022
National Grid announces plan to decarbonize by 2050
By Laura Sanicola (Reuters) - Utility giant National Grid is planning to eliminate fossil fuels from its heating systems in New York state and Massachusetts by 2050, primarily by expanding the use of ...
Apr 18, 2022
Peoria, IL, USA
50 °F Fog
