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China to improve mechanism for core tech innovations -state media
BEIJING (Reuters) - China will improve its mechanism for core technology development and strengthen the ruling Communist Party's leadership in tech innovation, state media quoted President Xi Jinping ...
Sep 06, 2022
Euro zone bond yields fall as big rate hike bets fall sharply
LONDON (Reuters) - Euro zone government bond yields fell sharply on Tuesday, as expectations for a massive interest rate raise by the European Central Bank this week eased following media reports that...
Sep 06, 2022
Reinsurance rates to rise in “mid-single digit” range-S&P Global
LONDON (Reuters) - Reinsurers could raise premium rates in the "mid-single digit" percent range at the key Jan. 1 renewal season, given pressures from inflation, war in Ukraine and capital market vola...
Sep 06, 2022
Czech EU presidency says two proposals exist for setting maximum energy prices
PRAGUE (Reuters) - There are two proposals in the European Union on how to set maximum prices on energy that the bloc's energy ministers will discuss on Friday, Czech Industry Minister Jozef Sikela sa...
Sep 06, 2022
Thailand’s WHA, China’s BYD to announce plans for EV plant in Thailand
SHANGHAI (Reuters) -WHA Group, the Thai industrial estate developer, said on Tuesday that it and China's BYD are set to announce plans for an electric vehicle (EV) manufacturing facility in Thailand. ...
Sep 06, 2022
Wide demand reduction only feasible solution to Europe energy crisis- Equinor
By Marwa Rashad LONDON (Reuters) - Norway's Equinor believes that a wide-scale demand reduction would be the only feasible short-term solution to Europe's power crisis if Russia cuts off all gas suppl...
Sep 06, 2022
Speculation lifts EDF shares just above nationalisation price
PARIS (Reuters) - The share price of EDF on Tuesday crossed the 12 euros price set by the French government to buy out the French energy giant, as speculation grows about efforts by activist minority ...
Sep 06, 2022
U.S. Department of Commerce releases plan for $50 billion chips investments
(Reuters) - The U.S. Department of Commerce released its plan for implementing its $50 billion program to subsidize domestic chip manufacturing and expand research early on Tuesday. The CHIPS - Creati...
Sep 06, 2022
The pound, bonds and energy: the winners and losers under British PM Truss
LONDON (Reuters) - Liz Truss becomes Britain's new prime minister on Tuesday, facing inflation at 40-year highs, the biggest squeeze on household living standards in decades and a looming recession. T...
Sep 06, 2022
Russia’s VTB launches transfers in Chinese yuan bypassing SWIFT
MOSCOW (Reuters) - VTB said on Tuesday it had become the first Russian bank to launch money transfers to China in yuan without using the international messaging system SWIFT that underpins financial t...
Sep 06, 2022
Peoria, IL, USA
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