Category Archives:
China’s biggest bank ICBC posts 10.7% rise in Q4 profit
SHANGHAI (Reuters) - Industrial and Commercial Bank of China (ICBC),, the world's largest-listed lender by assets, reported a 10.65% rise in fourth-quarter net profit on Wednesday. Net profit for the ...
Mar 30, 2022
China’s regulator cracks down on using feng shui to predict stock market trend
SHANGHAI (Reuters) - China's securities regulator launched a crackdown on brokerages using feng shui to predict stock market trends in their research notes or investment advisory businesses, state-own...
Mar 30, 2022
Euro zone facing slower growth, higher inflation: ECB’s Lagarde
FRANKFURT (Reuters) - Europe is facing slower growth and higher inflation as the war in Ukraine is draining confidence and pushing up energy prices, European Central Bank President Christine Lagarde s...
Mar 30, 2022
Government advisers more than halve 2022 German growth forecast
BERLIN (Reuters) - The German government's council of economic advisers slashed its gross domestic product (GDP) forecast for Europe's largest economy on Wednesday, citing economic uncertainty due to ...
Mar 30, 2022
Spain’s March flash CPI rises to 9.8% y/y, fastest since 1985
MADRID (Reuters) - Spanish consumer prices rose 9.8% year-on-year in March, their fastest pace since May 1985 and a jump from 7.6% in February, flash data from the National Statistics Institute (INE) ...
Mar 30, 2022
Spain’s Cepsa to spend $8 billion by 2030 on green shift
By Isla Binnie MADRID (Reuters) - Spanish oil and gas group Cepsa will spend 7-8 billion euros ($7.8-8.9 billion) on shifting its business to low-carbon energy sources by 2030, in line with a fossil f...
Mar 30, 2022
Gold gains as dollar, U.S. treasury yields weaken
By Asha Sistla (Reuters) - Gold prices rose on Wednesday, supported by a dip in the U.S. dollar and Treasury yields, though signs of progress in Russia-Ukraine peace talks dented the metal's appeal as...
Mar 30, 2022
Carrefour plans EV charging stations at French hypermarkets, supermarkets
PARIS (Reuters) - Carrefour said on Wednesday it aims to install over 700 electric vehicles charging stations and 5,000 charging points at its French hypermarkets and Carrefour Market supermarkets by ...
Mar 30, 2022
Australian state utility picks Tesla batteries to back up renewable energy
MELBOURNE (Reuters) - A state-owned utility in Australia has picked Tesla Inc's Megapack batteries for a A$150 million ($113 million) energy storage project to back up wind and solar power, the state ...
Mar 30, 2022
Jeweller Pandora cuts ties with leading industry body over Russia
COPENHAGEN (Reuters) - Jewellery maker Pandora said on Wednesday it had decided to leave the Responsible Jewellery Council (RJC) after the industry body failed to cut ties with Russia. The RJC, which ...
Mar 30, 2022
Peoria, IL, USA
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