Category Archives:
SoftBank first-quarter performance seen buoyed by China IPOs; crackdown clouds outlook
By Sam Nussey TOKYO (Reuters) - SoftBank Group Corp is set to report a boost to Vision Fund returns when it posts quarterly earnings due to the U.S. listing of Chinese portfolio firms, just as regulat...
Jul 30, 2021
Renault forecasts 2021 profit despite global chip shortage
By Nick Carey LONDON (Reuters) - French carmaker Renault said on Friday it expected to post a full-year 2021 profit despite a worsening semiconductor chip shortage and rising raw materials costs. Rena...
Jul 30, 2021
Japan’s household spending likely rebounded in June, new curbs cloud outlook: Reuters poll
By Leika Kihara TOKYO (Reuters) - Japan's household spending likely rebounded in June from last month's slump, according to a Reuters poll, as a temporary fall in coronavirus infections during the mon...
Jul 30, 2021
Air France-KLM narrows second-quarter losses as bookings begin recovery
By Tim Hepher PARIS (Reuters) - An easing of coronavirus travel restrictions is generating the first signs of recovery at Air France-KLM, said the airline group, as its unveiled narrower losses for th...
Jul 30, 2021
U.S. CDC internal report calls Delta variant as contagious as chickenpox – NYT
(Reuters) - The Delta variant is much more contagious, more likely to break through protections afforded by the vaccines and may cause more severe disease than all other known versions of the virus, a...
Jul 30, 2021
France’s Amundi reports $8.5 billion in net inflows in second quarter
PARIS (Reuters) - French asset manager Amundi reported on Friday 7.2 billion euros ($8.55 billion) in net inflows in the second quarter, saying investors' appetite for more risky assets such as equity...
Jul 30, 2021
BNP Paribas posts a profit rise on retail rebound and lower provisions
PARIS (Reuters) - French bank BNP Paribas reported a 26.6% rise in net income in the second quarter, spurred by a rebound of French retail banking activity and as provisions for bad loans dropped back...
Jul 30, 2021
Explainer: Major Ethereum upgrade set to alter supply, fix transaction fees
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Ethereum, the second-largest blockchain network, is about to undergo a technical adjustment that will significantly alter the way transactions are proc...
Jul 30, 2021
Debt-laden China Evergrande hit by lawsuit over late construction payment
HONG KONG (Reuters) - China's Huaibei Mining Holdings said its construction unit is suing Evergrande Group, the country's most indebted property developer, over an overdue 400 million yuan ($62 millio...
Jul 29, 2021
China asks trust firms to clean up non-finance units and businesses
BEIJING (Reuters) - China's banking and insurance regulator issued rules on Friday requiring the country's trust firms to clean up their non-finance subsidiaries and businesses. The rules, aimed at cu...
Jul 29, 2021
Peoria, IL, USA
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