Category Archives:
Chinese city takes back two plots of land from Evergrande
HONG KONG (Reuters) - The city of Chengdu has taken back two plots of land from China Evergrande Group the latest move by authorities to seize assets from the cash-strapped property developer. The lan...
Dec 20, 2021
OPEC+ produces below target in November as compliance rises
LONDON (Reuters) - OPEC+ compliance with oil production cuts stood at 117% in November, up from 116% the previous month, two sources from the group told Reuters, indicating the group's production leve...
Dec 20, 2021
Omicron worries spur 2% slide in European stocks
(Reuters) - European stocks fell more than 2% on Monday amid a global sell-off in equities, with investors fretting over the spectre of tighter pandemic curbs hitting the global economy as cases of th...
Dec 20, 2021
Nagel returns to Bundesbank as boss, likely to maintain house view
By Francesco Canepa FRANKFURT (Reuters) - The Bundesbank's likely next president, Joachim Nagel, is a member of the ruling Social Democratic party and a former policymaker at the German central bank w...
Dec 20, 2021
China summons Quora-like Zhihu for unlawful release of information
BEIJING (Reuters) - The Beijing cyberspace regulator said on Monday that the Cyberspace Administration of China (CAC) had asked it to summon the online question-and-answer platform Zhihu for unlawful ...
Dec 20, 2021
ECB governors sought greater acknowledgement of inflation risks – sources
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) - European Central Bank policymakers meeting last week sought a greater acknowledgement of inflation risks but were rebuffed by the bank's ch...
Dec 20, 2021
Taiwan Nov export orders hit record high, but 2022 outlook uncertain
TAIPEI (Reuters) - Taiwan's export orders grew faster than expected in November to a historic high due to sustained technology demand ahead of the year-end holiday shopping season, but the government ...
Dec 20, 2021
Dozens released after protest at India plant of Apple supplier Foxconn
By Sudarshan Varadhan CHENNAI (Reuters) -Police in India have released dozens of those detained for blocking a key highway in a protest against food poisoning at a Foxconn unit, the country's second i...
Dec 20, 2021
Goldman Sachs cuts U.S. GDP forecast after Manchin retreats on Biden’s bill
(Reuters) - Goldman Sachs trimmed its quarterly GDP forecasts for 2022, after U.S. Senator Joe Manchin withdrew his support to U.S. President Joe Biden's $1.75 trillion domestic investment bill. Manch...
Dec 20, 2021
Germany to name Joachim Nagel new head of Bundesbank – Handelsblatt
FRANKFURT (Reuters) - Germany's new government will pick Joachim Nagel as the next head of the Bundesbank, taking over from Jens Weidmann who is stepping down at the end of the year, Handelsblatt news...
Dec 20, 2021
Peoria, IL, USA
66 °F Light Rain
