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JD.com in advanced talks to buy controlling stake in China Logistics – Bloomberg News
(Reuters) - Chinese e-commerce company JD.com Inc is nearing a deal to buy a controlling stake in storage facilities manager China Logistics Property Holdings Co, Bloomberg News reported on Thursday, ...
Syndicated Content Aug 26, 2021
Canada’s CIBC beats profit expectations
TORONTO (Reuters) - Canadian Imperial Bank of Commerce beat analysts' estimates for quarterly profit on Thursday, as it released reserves set aside for loan losses and saw higher volumes and fees in i...
Syndicated Content Aug 26, 2021
Rent-a-robot: Silicon Valley’s new answer to the labor shortage in smaller U.S. factories
By Jane Lanhee Lee LIVERMORE, Calif. (Reuters) - Silicon Valley has a new pitch to persuade small companies to automate: rent-a-robot. Better technology and the need to pay higher wages to humans have...
Syndicated Content Aug 26, 2021
Fed’s Powell likely to give few hints on bond-buying taper timeline
By Ann Saphir (Reuters) - Federal Reserve Chair Jerome Powell's highly anticipated speech to the Jackson Hole economic conference on Friday will likely offer few new hints about when the U.S. central ...
Syndicated Content Aug 26, 2021
Swiss private bank Lombard Odier cautiously optimistic as H1 assets rise
ZURICH (Reuters) - Swiss private bank Lombard Odier said it was cautiously optimistic for the remainder of 2021, after hiking net profit by 20% year-on-year in the first six months through June. "Thes...
Syndicated Content Aug 26, 2021
Growth in China’s home prices set to slow in 2021 on policy curbs: Reuters poll
By Liangping Gao and Ryan Woo BEIJING (Reuters) - Growth in China's home prices is expected to slow more than initially expected this year, as more cities implement curbs to stabilise their real estat...
Syndicated Content Aug 26, 2021
Australia’s Crown Resorts appoints Ziggy Switkowski as chairman
(Reuters) - Australia's Crown Resorts Ltd said on Thursday it had appointed Ziggy Switkowski as chairman to succeed Helen Coonan as a broader inquiry that could see the casino operator lose its licenc...
Syndicated Content Aug 26, 2021
Latest Paris attraction drives tourists into the Seine
By Lea Guedj PARIS (Reuters) - It looks like a bus that has taken a wrong turning, speeding down a slipway into the River Seine, scattering swans and prompting screams from the passengers. But when th...
Syndicated Content Aug 26, 2021
Analysis-China’s property crackdown stalks credit markets
By Samuel Shen and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) - China's push to wean property developers from excessive borrowing is spilling over into loan losses at banks and pain in credit markets ...
Syndicated Content Aug 26, 2021
Israel’s Partner Comms to buy operations of Marathon 018 Xfone
(Reuters) - Partner Communications Company Ltd said on Thursday it has offered to purchase the business operations of Israeli telecoms firm Marathon 018 Xfone for 187 million shekels ($58.07 million)....
Syndicated Content Aug 26, 2021
Peoria, IL, USA
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