Category Archives:
Credit Suisse 78% Q2 net profit slide shows Archegos hit
ZURICH (Reuters) - Credit Suisse on Thursday posted a 78% fall in second-quarter net profit, as a steep drop in its investment banking revenues sharpened the blow from recent Archegos and Greensill sc...
Jul 29, 2021
Airbus raises forecasts after strong first half
PARIS (Reuters) -Europe's Airbus sharply raised its forecasts for full-year deliveries and earnings after reporting better-than-expected half-year results on Thursday. The world's largest planemaker a...
Jul 28, 2021
Airbus challenges Boeing cargo dominance with A350 freighter
PARIS (Reuters) -Airbus said its board had backed plans for a new freighter version of its A350 passenger jet as it seeks to break rival Boeing's dominance of the air cargo market. Chief Executive Gui...
Jul 28, 2021
Fiscal stimulus, vaccines likely fueled U.S. economic growth in the second quarter
By Lucia Mutikani WASHINGTON (Reuters) - The U.S. economy likely gained steam in the second quarter, with the pace of growth probably the second fastest in 38 years, as massive government aid and vacc...
Jul 28, 2021
J&J contractor plans to resume COVID-19 vaccine production at Baltimore plant – WSJ
(Reuters) - Johnson & Johnson contractor Emergent Biosolutions Inc plans to resume COVID-19 vaccine production at its Baltimore plant after getting approval from the U.S. Food and Drug Administration ...
Jul 28, 2021
Australia central bank seen reversing taper decision as lockdowns hit economy: Reuters poll
By Swati Pandey SYDNEY (Reuters) - Australia's central bank will likely reverse a decision to trim its bond buying programme when it holds its monthly meeting next week with the country's economy in d...
Jul 28, 2021
Chinese stocks in tentative bounce, Fed in no hurry to taper
By Wayne Cole SYDNEY (Reuters) - Asian shares managed a semblance of calm on Thursday as the U.S. Federal Reserve signalled it was in no rush to taper stimulus, though the mood was fragile as investor...
Jul 28, 2021
China’s assets remain attractive despite recent correction – state media
SHANGHAI (Reuters) - China's state media on Thursday said yuan-denominated assets remain attractive and that short-term market panic does not represent long-term value, the latest official effort to s...
Jul 28, 2021
Biden to ask federal workers Thursday to get vaccinated or face testing -source
By David Shepardson and Nandita Bose WASHINGTON (Reuters) - U.S. President Joe Biden on Thursday is expected to announce that about two million civilian federal workers will need to be vaccinated agai...
Jul 28, 2021
Powell presses pause on dollar’s rally; sterling surging
By Tom Westbrook SINGAPORE (Reuters) - The dollar hovered around a two-week low on Thursday, weighed down by the latest insistence from Federal Reserve chairman Jerome Powell that rate increases aren'...
Jul 28, 2021
Peoria, IL, USA
61 °F Sunny
