Category Archives:
Turkish inflation seen above 30% in December amid lira weakness- Reuters poll
ISTANBUL (Reuters) - Turkey's annual inflation rate is expected to have hit 30.6% in December, according to a Reuters poll, breaching the 30% level for the first time since 2003 as prices rose due to ...
Dec 28, 2021
China’s Ant Group to stop operating crowdfunded medical aid service
BEIJING (Reuters) - Alibaba's fintech affiliate Ant Group will cease operation of its online crowdfunded medical aid programme Xianghubao on Jan. 28. The programme pools together funds from the genera...
Dec 28, 2021
Telefonica agrees to cut about 2,700 jobs in first quarter 2022
MADRID (Reuters) - Spanish telecom group Telefonica reached an agreement with its labour unions to cut about 2,700 jobs in early 2022 through voluntary redundancies, the company said on Tuesday. The j...
Dec 28, 2021
Indonesia to allow Boeing’s 737 MAX to fly again after fatal crash
JAKARTA (Reuters) - Indonesia will lift a ban on the Boeing 737 MAX, the Southeast Asian country's transportation ministry said on Tuesday, three years after local carrier Lion Air lost one of the pla...
Dec 28, 2021
China central bank to roll out low-cost loans for carbon emission cuts by year-end
BEIJING (Reuters) - China's central bank is expected to issue first batch of low-cost loans targeted at carbon emission reduction to financial institutions by year-end, state-owned Xinhua reported on ...
Dec 28, 2021
Billionaire Del Vecchio says Italian companies too focused on dividends – press
MILAN (Reuters) - Billionaire Leonardo Del Vecchio said Italian companies often favour dividends to growth, daily Il Corriere della Sera quoted him as saying on Tuesday. "Dividends today are often at ...
Dec 28, 2021
Clariant to buy BASF clay biz assets in $60 million sustainable bid
ZURICH (Reuters) - Swiss specialty chemicals maker Clariant said on Tuesday it would purchase assets from German competitor BASF in North America in a $60 million cash deal that will help grow its sus...
Dec 28, 2021
Magnitude 4.5 earthquake strikes Permian Basin – USGS
(Reuters) - An earthquake of magnitude 4.5 struck near Stanton in West Texas on Monday, the US Geological Survey reported. The quake struck at a depth of 7.8 km (4.8 miles), USGS said. The earthquake ...
Dec 27, 2021
ADB sees Asia Pacific remittances up 6.7% in 2021, 5.9% in 2022
MANILA (Reuters) - Remittances to the Asia Pacific region from citizens working abroad could grow 6.7% this year and 5.9% next year, after a 2% slump in 2020, underpinned by further easing of COVID-19...
Dec 27, 2021
Gunman slays 4 people in Denver-area shooting spree before he is killed by police
DENVER (Reuters) - A lone gunman shot four people to death and wounded a police officer on Monday during a Denver-area shooting spree that unfolded at various locations and ended with police killing t...
Dec 27, 2021
Peoria, IL, USA
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