Category Archives:
China will move to protect its firms following U.S. telecoms ban
BEIJING (Reuters) - China opposes the U.S. Federal Communications Commission's ban on new Chinese telecommunications equipment sales, the commerce ministry said on Thursday, vowing to adopt necessary ...
Dec 01, 2022
Pakistan November CPI rises 23.8% year on year – statistics bureau
ISLAMABAD (Reuters) - Pakistan's CPI rose 23.8% in November, year-on-year, the statistics bureau said on Thursday. Prices were up 0.8% in November from the previous month, the bureau said in a press r...
Dec 01, 2022
When the chips go up: Big banks bet on South Korea, Taiwan stocks for 2023
By Harish Sridharan (Reuters) - Global banks are turning bullish on South Korean and Taiwanese shares, expecting a revival in semiconductors to drive a rally next year, while they see Japan's market a...
Dec 01, 2022
Disasters caused total of $122 billion in insured losses in 2022 – Swiss Re
ZURICH (Reuters) - Hurricane Ian and other natural catastrophes have caused an estimated $115 billion of insured losses so far this year, well above the 10-year average of $81 billion, Swiss Re estima...
Dec 01, 2022
Euro zone banks not facing up to reality of downturn, ECB says
FRANKFURT (Reuters) - Euro zone banks have not yet fully faced up to the reality of an economic downturn, so finance industry supervisors will need to force them to be more conservative in managing ca...
Dec 01, 2022
Euro zone factory downturn eased in November, inflationary pressures moderated
LONDON (Reuters) - The downturn in manufacturing activity across the euro zone eased in November, according to a survey which suggests while the bloc's factories still face a harsh winter it may not b...
Dec 01, 2022
Credit Suisse’s fund outflows may spark M&A talk – JPMorgan
ZURICH (Reuters) - Continued client outflows at Credit Suisse could spark speculation of a takeover of the embattled Swiss bank and may lead to the partial sale of its domestic unit, analysts at JPMor...
Dec 01, 2022
European shares jump on Powell’s speech, China relief
(Reuters) - European shares scaled over three-month highs on Thursday, cheered by U.S. Federal Reserve Chair Jerome Powell signalling smaller interest rate hikes ahead, and China softening its tone on...
Dec 01, 2022
Investors with $30 trln to push companies on human rights, social issues
By Simon Jessop LONDON (Reuters) - More than 220 investors managing $30 trillion have signed up to a plan to push companies over social issues and human rights, with an initial focus on firms in the m...
Dec 01, 2022
Germans spending less as soaring power, food costs gnaw finances
By Mathis Richtmann BERLIN (Reuters) - For 25 years, Theo Jost served the German Christmas dish of goose in his restaurant near the Black Forest. The birds were fresh, reared by farmers in northern Ge...
Dec 01, 2022
Peoria, IL, USA
65 °F Rain With Thunderstorm, Mist
