Category Archives:
U.S. Commerce chief: Funding for semiconductor production could slip to 2022
By David Shepardson WASHINGTON (Reuters) - U.S. Commerce Secretary Gina Raimondo on Tuesday said efforts in Congress to approve $52 billion to expand U.S. semiconductor manufacturing could slip into 2...
Dec 07, 2021
Cuba’s economic reforms allow small entrepreneurs to dream big
By Marc Frank and Mario Fuentes HAVANA (Reuters) - Cuban entrepreneurs Henry and Yendri Garcia have long peddled home-made ice cream in their small town of Bauta outside the capital Havana, but now th...
Dec 07, 2021
S.Korea “webtoon” firms leverage low-cost stories with potential huge upside
By Joyce Lee SEOUL (Reuters) - Netflix's most-watched series in late November, "Hellbound", is making a splash on TV, but it first appeared on much smaller screens as an online comic, or "webtoon", op...
Dec 07, 2021
Aussie buoyant, dollar listless as Omicron optimism lifts risk assets
By Kevin Buckland TOKYO (Reuters) - The Australian dollar hit its strongest level in a week on Wednesday amid a pick-up in risk appetite on signs Omicron may be less severe than other COVID-19 variant...
Dec 07, 2021
Trading in shares of Chinese developer Kaisa suspended -HKEX
HONG KONG (Reuters) - Trading in shares of embattled Chinese developer Kaisa Group Holdings was suspended on Wednesday, according to the Hong Kong stock exchange. Kaisa was unlikely to meet its $400 m...
Dec 07, 2021
U.S. Senate backs $650 million missile sale to Saudi Arabia
WASHINGTON (Reuters) - The U.S. Senate rejected a resolution on Tuesday that would have prohibited the proposed sale of 280 advanced medium range air-to-air missiles to Saudi Arabia. As voting continu...
Dec 07, 2021
U.S. became Britain’s biggest finance customer in run up to Brexit
By Huw Jones LONDON (Reuters) - The United States became Britain's biggest export market for financial services in the run up to Brexit, overtaking the European Union where sales shrank in 2020, TheCi...
Dec 07, 2021
Britain to phase out 2G and 3G mobile networks by 2033
LONDON (Reuters) - Britain will phase out its 2G and 3G mobile networks by 2033 to free up radio waves for 5G and eventually 6G services that will power technologies such as driverless vehicles, drone...
Dec 07, 2021
Japan’s Q3 GDP revised down to 3.6% annualised contraction
TOKYO (Reuters) - Japan's economy shrank 3.6% in the third quarter, worse than the initial estimate of a 3.0% contraction, revised government data showed on Wednesday, posting a decline as private spe...
Dec 07, 2021
Australia’s central bank sees potential in wholesale digital currency
SYDNEY (Reuters) - Australia's central bank on Wednesday said it saw promise in establishing a wholesale digital currency that would make syndicated lending more efficient and less risky. The report c...
Dec 07, 2021
Peoria, IL, USA
47 °F Clear
