Category Archives:
Infineon CEO: We expect chip prices to rise significantly
VILLACH, Austria (Reuters) - Infineon CEO Reinhard Ploss said on Friday that he expected silicon chip prices to rise significantly, adding that semiconductor makers needed to cover the cost of investm...
Sep 17, 2021
Taiwan, wanting to join Pacific trade pact, questions China’s ‘sudden’ application
TAIPEI (Reuters) - Taiwan's economy minister expressed concern on Friday about China's "sudden" decision to apply to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPT...
Sep 17, 2021
Safaricom confirms $300 million Kenya Power smart meter proposal
NAIROBI (Reuters) - Kenyan telecoms operator Safaricom,, said on Friday it had submitted a proposal to Kenya Power for the installation of a $300 million smart meter system at the utility, confirming ...
Sep 17, 2021
U.S. Speaker Pelosi: Capitalism has not served our economy as well as it could
LONDON (Reuters) - Capitalism has not served the U.S. economy as well as it could have, U.S. House of Representatives Speaker Nancy Pelosi said on Friday, saying that the system needed to be improved....
Sep 17, 2021
ECB’s De Cos is not foreseeing an interest rate hike in 2023
MADRID (Reuters) - The European Central Bank is not foreseeing an interest hike in the euro zone in 2023, ECB policymaker Pablo Hernandez de Cos said on Friday. The comments from De Cos came after ECB...
Sep 17, 2021
“Monster reallocations” to stocks as U.S. tax threat recedes – BofA
LONDON (Reuters) - Investors stampeded into stocks and out of cash as global equity funds witnessed their biggest inflows since March 2021 while large-cap U.S. funds enjoyed a record haul, a weekly ro...
Sep 17, 2021
Infineon opens Austrian power-chip plant ahead of schedule
VILLACH, Austria (Reuters) - Infineon Technologies opened a 1.6 billion euro ($1.9 billion) plant in Austria on Friday, boosting the German semiconductor company's ability to supply power chips for ca...
Sep 17, 2021
Hong Kong proposes allowing SPAC listings restricted to professional investors
HONG KONG (Reuters) -The Stock Exchange of Hong Kong, on Friday, proposed changing its rules to allow Special Purpose Acquisition Companies (SPACs) to list, a bid to tap the frenzy for such investment...
Sep 17, 2021
UAE could invest further $1.4 billion in Britain this year, UK trade official says
DUBAI (Reuters) - The United Arab Emirates could invest at least a further 1 billion pounds ($1.4 billion) in the United Kingdom this year after pledging 10 billion pounds this week to its investment ...
Sep 17, 2021
Next to run Gap brand in Britain’s retail shake-up
By James Davey LONDON (Reuters) - British clothing retailer Next has struck a deal with Gap, to run the U.S. brand's business in the UK and Ireland, bolstering its market reach after showing its resil...
Sep 17, 2021
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