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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...
Syndicated Content Dec 20, 2021
Chinese influencer Viya fined 1.3 billion yuan for tax evasion
BEIJING (Reuters) - A top Chinese social media influencer 1.34 billion yuan has been fined ($210 million) for tax evasion. Viya was fined for hiding personal income and other offences in 2019 and 2020...
Syndicated Content Dec 20, 2021
Japan parliament approves record extra budget to secure post-pandemic growth
TOKYO (Reuters) - Japan's parliament on Monday approved the first extra budget of the 2021 fiscal year, with a record spending of $317 billion, to help the economy withstand the fallout of COVID-19, f...
Syndicated Content Dec 20, 2021
Novo Nordisk shares slump on U.S. supply challenges for obesity drug
COPENHAGEN (Reuters) - Novo Nordisk shares fell 16% on Monday after the Danish drugmaker late on Friday announced that it will not be able to meet demand for its new weight-loss drug after supply issu...
Syndicated Content Dec 20, 2021
Former Tesco boss Lewis to chair GSK health spin-off
LONDON (Reuters) -GlaxoSmithKline on Monday named former Tesco CEO Dave Lewis as non-executive chair designate of a new Consumer Healthcare company to be created from a proposed demerger from GSK in 2...
Syndicated Content Dec 20, 2021
Barclays gets Australian banking licence in expansion push
(Reuters) - UK-based Barclays Plc said on Monday it had received approval from Australia's prudential regulator to operate as a foreign bank in the country, as the lender continues its expansion into ...
Syndicated Content Dec 20, 2021
BNP Paribas to sell Bank of the West to Canada’s BMO for around $16 billion
PARIS (Reuters) - BNP Paribas, France's biggest bank by market capitalisation, said it had agreed to sell its U.S. unit Bank of the West to Canada's BMO Financial Group for around $16.3 billion. BNP P...
Syndicated Content Dec 20, 2021
Marketmind: Omicron for Christmas
A look at the day ahead from Danilo Masoni. With the big central bank decisions out of the way, investors can now entirely focus on COVID-19 developments. And what they're seeing isn't looking good. T...
Syndicated Content Dec 20, 2021
BE Semiconductor cuts Q4 revenue guidance due to Malaysia floods
(Reuters) -Chipmaking equipment supplier BE Semiconductor (BESI) on Monday said it had lowered its fourth-quarter revenue outlook due to flooding affecting its main production facility in Malaysia. Th...
Syndicated Content Dec 20, 2021
StanChart fined $61.5 million for misreporting liquidity position
LONDON (Reuters) -The Bank of England said on Monday it was fining Standard Chartered 46.55 million pounds ($61.51 million) for misreporting its liquidity position to the regulator and for failings in...
Syndicated Content Dec 20, 2021
Peoria, IL, USA
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