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Britain’s Sunak pledges to ‘rewire’ global finance system for net zero
GLASGOW (Reuters) - British finance minister Rishi Sunak pledged on Wednesday to "rewire" the global financial system for net zero, saying London will also commit 100 million pounds ($136.19 million) ...
Syndicated Content Nov 03, 2021
Money markets ease up on aggressive ECB rate hike bets
LONDON (Reuters) - Euro zone money markets have pared bets on aggressive ECB policy-tightening, positioning on Wednesday for one 10 basis-point rate hike by end-2022 compared to the two increases pric...
Syndicated Content Nov 03, 2021
$9.5 billion spent using Chinese central bank’s digital currency – official
HONG KONG (Reuters) - Some 140 million people had opened "wallets" for China's new digital yuan as of October and used it for transactions totalling around 62 billion yuan ($9.7 billion), a senior Chi...
Syndicated Content Nov 03, 2021
Weakening finances at Chinese developers put pressure on Beijing to act
By Samuel Shen and Vidya Ranganathan SHANGHAI/SINGAPORE (Reuters) - Third-quarter earnings from China's property sector and ancillary industries show that Beijing's crackdown on rampant borrowing is i...
Syndicated Content Nov 03, 2021
U.S. backs new effort to issue green bonds -Treasury chief Yellen
By Andrea Shalal GLASGOW (Reuters) - The United States on Wednesday announced its support for a new capital market mechanism that will issue investment-grade bonds and raise significant new finance fo...
Syndicated Content Nov 03, 2021
Airbus defence head says confident of more sales of transport planes
PARIS (Reuters) - Airbus is confident of making more sales of transport planes soon after the A400M sale to Kazakhstan, Michael Schoellhorn, chief executive of Airbus Defence & Space, said on Wednesda...
Syndicated Content Nov 03, 2021
Australian court rules higher backpacker tax is discriminatory
MELBOURNE (Reuters) - Australia's High Court found that the country's practice of taxing young working tourists at a higher rate than local Australians for the same work was discriminatory on Wednesda...
Syndicated Content Nov 03, 2021
U.S. jewellery sales continue at strong pace even after halt to stimulus – Pandora CEO
COPENHAGEN (Reuters) - Jewellery sales in the United States have continued at a strong pace even after stimulus checks stopped in September, the chief executive of Pandora said on Wednesday. Sales at ...
Syndicated Content Nov 03, 2021
Israel’s central bank urges government to meet looming budget deadline
By Steven Scheer JERUSALEM (Reuters) - The Bank of Israel on Wednesday urged the government to pass the 2021-2022 state budget as a deadline approaches that could determine the fate of the ruling coal...
Syndicated Content Nov 03, 2021
Eurasian Development Bank to invest $1.2 billion in its members in 2021
By Andrey Ostroukh and Katya Golubkova MOSCOW (Reuters) - The Eurasian Development Bank (EDB) plans to invest $1.2 billion in its members' economies this year, mainly in Russia and Kazakhstan, and eye...
Syndicated Content Nov 03, 2021
Peoria, IL, USA
61 °F Partly cloudy
