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Thai lender SCB invests $100 million in Indonesia’s Akulaku
BANGKOK (Reuters) - Thailand's Siam Commercial Bank Pcl on Tuesday announced a $100 million investment in Indonesian fintech startup Akulaku, as part the bank's expansion overseas and into technology....
Syndicated Content Feb 15, 2022
UK employment hit, inflation eats into wages
LONDON (Reuters) -The total number of people in work in Britain shrank in the last three months of 2021, when the Omicron COVID-19 wave swept Europe, and workers in Britain saw their earnings shrink w...
Syndicated Content Feb 15, 2022
Maersk chairman to step down, board plans to appoint family heir
COPENHAGEN (Reuters) - A.P. Moller-Maersk's Chairman Jim Hagemann Snabe has informed the board he will not stand for re-election and the board plans to appoint Robert Maersk Uggla to succeed him, the ...
Syndicated Content Feb 15, 2022
Thailand approves incentives to promote EV shift
BANGKOK (Reuters) - Thailand's cabinet on Tuesday approved a package of incentives including tax cuts and subsidies to promote a shift to electric vehicles in Southeast Asia's major auto production ba...
Syndicated Content Feb 15, 2022
Exclusive-Glencore sells stake in Russia’s Russneft to cap 20-year partnership
By Olga Yagova and Dmitry Zhdannikov MOSCOW/LONDON (Reuters) - Glencore has sold out of Russneft, capping two decades of investments which saw the Swiss commodities firm trading millions of barrels of...
Syndicated Content Feb 15, 2022
Avolon readies for disruptions in aircraft payments from any Russia sanctions -CEO
By Aradhana Aravindan SINGAPORE (Reuters) - Major aircraft lessor Avolon is gearing to tackle possible disruptions to business with Russia and is concerned about whether sanctions against the country ...
Syndicated Content Feb 15, 2022
DSM’s Q4 core profit beats expectations on strong demand
AMSTERDAM (Reuters) - Dutch specialty chemicals maker DSM on Tuesday beat analyst expectations with a 13% jump in fourth-quarter core profit to 440 million euros ($497.95 million), as demand for its n...
Syndicated Content Feb 15, 2022
Sea-owned game Free Fire unavailable in India after ban on Chinese apps
(Reuters) - Sea Ltd-owned game Free Fire is currently unavailable in app stores in India, unit Garena International said late on Monday, after media reports said the country had banned 54 apps of Chin...
Syndicated Content Feb 15, 2022
China says Jan FDI up 11.6% y/y in yuan terms
BEIJING (Reuters) - Foreign direct investment (FDI) into China in January rose 11.6% from a year ago to 102.28 billion yuan ($16.10 billion), the commerce ministry said on Tuesday. In dollar terms, FD...
Syndicated Content Feb 15, 2022
Saudi Arabia’s Jan inflation rate up 1.2% y/y – govt data
DUBAI (Reuters) - Saudi Arabia's consumer price index rose 1.2% in January from a year earlier, fuelled by higher transport prices, government data showed on Tuesday. Transport prices increased by 4.9...
Syndicated Content Feb 15, 2022
Peoria, IL, USA
60 °F Partly cloudy
