Category Archives:
Chinese developer R&F says short of funds to settle bond tender offer
HONG KONG (Reuters) - Chinese developer Guangzhou R&F Properties said it did not have sufficient funds to buy back a $725 million bond as sales of its assets had not come through as planned. It said i...
Jan 06, 2022
Catering group Sodexo beats first-quarter revenue forecast as schools reopen
(Reuters) - French catering and food services group Sodexo reported on Thursday a 17.5% jump in its first-quarter organic sales, helped by the reopening of schools and universities as countries gradua...
Jan 06, 2022
Analysis-Investors brace for quantitative tightening as Fed sends hawkish message
By David Randall (Reuters) - Another barometer of Federal Reserve hawkishness is making a bigger appearance on investors' dashboards: quantitative tightening. Minutes from the Fed's December meeting r...
Jan 06, 2022
Bitcoin, ether near multi-month lows following hawkish Fed minutes
HONG KONG (Reuters) - Bitcoin fell below $43,000 on Thursday, testing multi-month lows after minutes from the Federal Reserve's last meeting showed it leaning toward more aggressive policy action, whi...
Jan 05, 2022
Tencent’s WeChat mini program daily users in China grew 13% to 450 million last year
GUANGZHOU, China (Reuters) - Tencent Holdings' Weixin, China's dominant messaging app which is known as WeChat outside the country, said on Thursday that average daily active users for its mini progra...
Jan 05, 2022
WarnerMedia and ViacomCBS exploring possible sale of CW Network – WSJ
(Reuters) - AT&T Inc's WarnerMedia and ViacomCBS Inc are exploring a possible sale of a significant stake or all of the CW Network, which they jointly own, the Wall Street Journal reported late on Wed...
Jan 05, 2022
Asian shares fall after hawkish Fed minutes
By Andrew Galbraith SHANGHAI (Reuters) - Asian shares fell on Thursday, extending a global slump after Federal Reserve meeting minutes pointed to a faster-than-expected rise in U.S. interest rates due...
Jan 05, 2022
Honda China JV announces 120,000 units-a-year EV factory
TOKYO (Reuters) - Honda Motor Co and its Chinese joint venture partner Dongfeng Motor said on Thursday they would build a new factory in Wuhan to exclusively manufacture electric vehicles (EVs) from 2...
Jan 05, 2022
New York Times interfered with union activism, U.S. labor agency alleges
By Nate Raymond (Reuters) - U.S. labor officials have filed a complaint accusing The New York Times Co of unlawfully interfering with the organizing efforts of tech employees by barring a group of wor...
Jan 05, 2022
Sheriff: Public tip results in arrest for fatal New Years Day hit-and-run
PEORIA, Ill. – The Peoria County Sheriffs Department says the public gets credit for information that led to the arrest of a Hanna City man for allegedly causing a fatal hit-and-run accident. Th...
Jan 05, 2022
Peoria, IL, USA
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