Category Archives:
Analysis-Riding the oil price rebound: Gulf states to accelerate asset sales
By Hadeel Al Sayegh, Saeed Azhar and Davide Barbuscia DUBAI(Reuters) - Saudi Aramco and other Gulf oil producers are following in the footsteps of Abu Dhabi with plans to raise tens of billions of dol...
Syndicated Content Aug 03, 2021
France’s SocGen raises 2021 forecasts on lower bad loan provisions
PARIS (Reuters) - French bank Societe Generale on Tuesday raised its forecasts for 2021 as the lender swung back to a profit in the second quarter on lower pandemic-related charges for bad loans and a...
Syndicated Content Aug 03, 2021
Two more suppliers say payments are overdue from indebted Evergrande
HONG KONG (Reuters) - Advertising firm Leo Group said it is applying to a Chinese court to freeze 356 million yuan ($55.06 million) in assets of Evergrande Group for overdue payments, the latest suppl...
Syndicated Content Aug 03, 2021
Australia’s Crown plays pandemic card as it pleads to keep casino licence
By Byron Kaye SYDNEY (Reuters) - Australian casino operator Crown Resorts Ltd warned on Tuesday its staff and shareholders would suffer if its main operating licence is cancelled over money laundering...
Syndicated Content Aug 02, 2021
StanChart resumes dividends and buybacks as profit recovers
By Alun John and Lawrence White HONG KONG (Reuters) -Standard Chartered PLC posted a higher than expected 57% jump in first-half pretax profit and announced a $250 million share buyback, with the bank...
Syndicated Content Aug 02, 2021
China regulator to investigate auto chip distributors on suspicion of price gouging -statement
SHANGHAI (Reuters) - China's State Administration For Market Regulation is launching an investigation into chip distributors in the auto industry, citing suspicions of price gouging, according to an o...
Syndicated Content Aug 02, 2021
Lyondell says restarting polymers, olefins units at La Porte plant
(Reuters) - LyondellBasell on Tuesday said it was restarting the polymers and olefins units at its La Porte, Texas, facility following an acetic acid leak last week that killed two people. Both units ...
Syndicated Content Aug 02, 2021
Analysis-Debt-hobbled Sri Lanka risks running out of options
By Tom Arnold and Marc Jones LONDON (Reuters) - Sri Lanka paid a $1 billion bond last week, but the alarming state of its finances suggests it may have been just another step towards its first soverei...
Syndicated Content Aug 02, 2021
Indonesia set for first GDP growth in five quarters, new virus wave hurts outlook: Reuters poll
JAKARTA (Reuters) - Indonesia is expected to report this week an economic growth of more than 6% in the second quarter, but a new wave of COVID-19 cases, which started to hit in June, is clouding the ...
Syndicated Content Aug 02, 2021
Qantas idles 2,500 more staff as COVID-19 cuts domestic flights
(Reuters) - Qantas Airways Ltd is temporarily idling about 2,500 employees without pay for at least two months in a bid to cope with fresh COVID-19 restrictions in Australia slashing domestic travel d...
Syndicated Content Aug 02, 2021

Peoria, IL, USA
74 °F Sunny