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Swiss propose liquidity rules costing banks little or nothing extra
By Brenna Hughes Neghaiwi ZURICH (Reuters) - Switzerland proposed updated rules to ensure major banks hold enough liquidity to absorb shocks, but the draft changes will cost banks little or nothing in...
Syndicated Content Sep 30, 2021
India’s Bharti Airtel to invest $673 million on data centre expansion
By Sankalp Phartiyal NEW DELHI (Reuters) - Telecoms group Bharti Airtel said on Thursday it will invest 50 billion rupees ($673 million) in expanding its data centre business to meet customer demand i...
Syndicated Content Sep 30, 2021
China Evergrande says made 10% repayment of wealth management products due Sept 30
BEIJING (Reuters) - China Evergrande's wealth management unit has made a 10% repayment of wealth management products (WMPs) that are due by Sept 30, the indebted developer said on Thursday. The paymen...
Syndicated Content Sep 30, 2021
Carrefour CEO exploring options for consolidation -Le Monde
PARIS (Reuters) - French supermarket group Carrefour's CEO Alexandre Bompard is examining options for sector consolidation and talks have taken place with the family behind the Auchan chain of stores,...
Syndicated Content Sep 30, 2021
Centeno says ECB needs to keep monitoring inflation, stand ready to act
LISBON (Reuters) - Lingering uncertainty about rising inflation requires close monitoring by the European Central Bank, which sees it as a temporary trend, but it must be prepared to act flexibly, ECB...
Syndicated Content Sep 30, 2021
Thailand to introduce $1.3 billion job support for smaller firms
BANGKOK (Reuters) - Thailand plans to introduce an estimated 45.4 billion baht ($1.34 billion) in stimulus to help smaller businesses retain jobs, its planning agency said on Thursday, as the tourism-...
Syndicated Content Sep 30, 2021
Hong Kong retail sales rise for 7th month, consumption voucher to support sentiment
HONG KONG (Reuters) - Hong Kong's retail sales climbed for the seventh straight month in August, helped by a stabilising COVID-19 situation, an improved labour market and economic recovery and thanks ...
Syndicated Content Sep 30, 2021
China issues draft rule on data security for industry, telecoms
BEIJING (Reuters) - China's industry ministry on Thursday published its draft rule on data security for the industry and telecommunications sectors. Authorities in the world's No.2 economy are steppin...
Syndicated Content Sep 30, 2021
Investors see Japan’s Kishida as “safe-pair-of-hands” but reforms in question
By Hideyuki Sano and Tom Westbrook TOKYO/SINGAPORE (Reuters) - Investors see Japan's new leader, Fumio Kishida, as a steady consensus-builder who can lead the ruling Liberal Democratic Party and its c...
Syndicated Content Sep 30, 2021
One in 20 UK workers furloughed ahead of scheme’s closure: ONS
LONDON (Reuters) - The proportion of workers still on Britain's furlough programme, which closes on Thursday, fell to 5% during the two weeks to Sept. 19, down from 6% in the previous two weeks, an of...
Syndicated Content Sep 30, 2021
Peoria, IL, USA
69 °F Light Rain
