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German service sector grows at record pace after lockdown lifted
BERLIN (Reuters) - Activity in Germany's service sector grew in July at the fastest pace on record, a survey indicated on Wednesday, as businesses enjoyed the benefit of the economy reopening after CO...
Syndicated Content Aug 04, 2021
From goal posts to fishnets, German investor Windhorst hurries to clear billion-plus debt
By John O'Donnell and Tom Sims FRANKFURT (Reuters) - Lars Windhorst, the businessman behind German soccer club Hertha Berlin, said he will repay more than 1 billion euros ($1.2 billion) within months,...
Syndicated Content Aug 04, 2021
Hugo Boss back at pre-pandemic sales in UK, China
BERLIN (Reuters) - German fashion house Hugo Boss said it expected a rebound in its business to continue in the second half of the year as sales recovered to pre-pandemic levels in Britain and China i...
Syndicated Content Aug 04, 2021
As China’s recovery wobbles, economists expect more policy easing
SHANGHAI (Reuters) - China may need more monetary and fiscal easing to halt an economic slowdown in the wake of torrential rains and flooding, and authorities' tough response to outbreaks of the highl...
Syndicated Content Aug 04, 2021
Citi cuts U.S. stocks to “neutral” on bearish Treasury view
LONDON (Reuters) - U.S. inflation-adjusted "real" yields will rise around 70 basis points from current record lows around -1.2% by year-end, Citi said on Wednesday, citing this as a reason to cut its ...
Syndicated Content Aug 04, 2021
Thai hospital tycoon who promised Pfizer vaccine says deal now unlikely
BANGKOK (Reuters) - The chair of Thailand's Thonburi Healthcare Group (THG) said on Wednesday that a deal to import 20 million doses of the Pfizer-BioNTech COVID-19 vaccine was unlikely to happen, des...
Syndicated Content Aug 04, 2021
Marketmind: Peaks everywhere
(Refiles to fix chart, no changes to text) A look at the day ahead from Danilo Masoni. Equity markets continue to rally as if there were no tomorrow, shrugging off COVID-19 and signs of slowing econom...
Syndicated Content Aug 04, 2021
ByteDance rival Kuaishou to end services of short video app Zynn this month
BEIJING (Reuters) - ByteDance rival Kuaishou Technology said on Wednesday it would stop services of its short video app Zynn on Aug. 20. The termination of Zynn is part of its normal operations, and t...
Syndicated Content Aug 04, 2021
UK’s Taylor Wimpey raises annual outlook, swings to H1 profit
(Reuters) - UK homebuilder Taylor Wimpey Plc on Wednesday joined bigger rivals in forecasting sustained demand in the medium term and returned to a half-year profit as Britain's housing sector boom st...
Syndicated Content Aug 04, 2021
Rolls-Royce agrees sale of Norway’s Bergen for $131 million
LONDON (Reuters) - Rolls-Royce said it agreed to sell its Norwegian maritime engine business Bergen to UK-based Langley Holdings, in a deal which will boost the British aero-engine maker's finances by...
Syndicated Content Aug 04, 2021

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