Category Archives:
Euro zone Q4 growth confirmed, Dec trade in deficit
BRUSSELS (Reuters) - Euro zone economic growth slowed sharply quarter-on-quarter as expected in the last three months of 2021, data confirmed on Tuesday, as activity was hit by another wave of COVID-1...
Syndicated Content Feb 15, 2022
Pentagon seeks to boost competition in shrinking defense contractor base
WASHINGTON (Reuters) - The Biden administration released a report on Tuesday detailing recommendations to boost competition in its defense industrial base because rapid consolidation has created a nat...
Syndicated Content Feb 15, 2022
BoFA investor survey: Biggest tech underweight position since Aug 2006
LONDON (Reuters) - Investors have ramped up their underweight tech position to its largest in more than 15 years as central bank tightening remained the top risk to global markets in 2022, according t...
Syndicated Content Feb 15, 2022
European shares rebound on signs of easing Ukraine-Russia tensions
By Sruthi Shankar (Reuters) - European stocks recovered some lost ground on Tuesday, following reports that some Russian troops near Ukraine were returning to their bases, while some positive corporat...
Syndicated Content Feb 15, 2022
Analysis-Japan’s yen back in favour as a funding currency, but with more risks
By Alun John HONG KONG (Reuters) - As the Bank of Japan asserts its standing as a lone dove among its peers, the yen is reclaiming its status as the world's most popular funding currency. The trade co...
Syndicated Content Feb 15, 2022
Nestle’s ability to hike prices in focus for full-year results
By Silke Koltrowitz ZURICH (Reuters) - Food group Nestle is expected to post organic sales growth of 7.1% for 2021 on Thursday, almost twice as high as the year before thanks to strong demand for coff...
Syndicated Content Feb 15, 2022
Trip.com to launch hybrid work policy in first for Chinese tech sector
BEIJING (Reuters) - Travel giant Trip.com Group will from next month begin to allow staff to work from home or elsewhere away from the office for two days a week, becoming the first largest tech compa...
Syndicated Content Feb 15, 2022
Starbucks faces backlash in China over police incident at store
BEIJING (Reuters) - Starbucks is battling its second bout of public fury in China in less than three months, after an incident described by the U.S. coffee giant as a "misunderstanding" at one of its ...
Syndicated Content Feb 15, 2022
Intel to acquire Tower Semiconductor in $5.4 billion deal
(Reuters) - Intel Corp agreed to acquire Tower Semiconductor Ltd for an enterprise value of $5.4 billion, the companies said on Tuesday. Intel will acquire Tower for $53 per share in cash, the stateme...
Syndicated Content Feb 15, 2022
Avolon says supply chain woes may dent Airbus output ambitions
SINGAPORE (Reuters) - The head of the world's second-largest aircraft leasing company said on Tuesday that Airbus may temper its hopes of raising jet production because of snags in the supply chain. A...
Syndicated Content Feb 15, 2022
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