Category Archives:
Music streamers turn to telcos to make Africa pay
By Nqobile Dludla and Supantha Mukherjee JOHANNESBURG/STOCKHOLM (Reuters) - Africa, with its internationally recognised musical talent - and growing mobile phone use - is central to Swedish music stre...
Oct 12, 2021
French bank SocGen to cut 3,700 jobs, no forced redundancies
PARIS (Reuters) - French bank Societe Generale said on Tuesday it will cut 3,700 jobs between 2023 and 2025 as it merges its retail network with that of its unit Credit du Nord, but it added that ther...
Oct 12, 2021
LG units say results accounted for $918 million costs from GM’s Bolt recall
SEOUL (Reuters) - South Korea's LG Chem Ltd and LG Electronics Inc said on Tuesday their latest quarterly results accounted for costs of about 1.1 trillion won ($917.66 million) in connection with Gen...
Oct 12, 2021
Tesla sold 56,006 China-made vehicles in September – CPCA
BEIJING (Reuters) - U.S. electric vehicle maker Tesla Inc sold 56,006 China-made vehicles in September, including 3,853 for export, the China Passenger Car Association (CPCA) said on Tuesday. CPCA sai...
Oct 12, 2021
Taiwan asks Australia to support regional trade bid
SYDNEY (Reuters) - A Taiwan official has asked Australia to support its bid to join the CPTPP pan-Pacific trade pact, which China opposes, saying Taiwan can boost high technology trade flows and deman...
Oct 11, 2021
China to liberalise thermal power pricing to tackle energy crisis
By Muyu Xu and Shivani Singh BEIJING (Reuters) - China's state planner, the National Development and Reform Commission (NDRC), said on Tuesday it will fully liberalise pricing for electricity generate...
Oct 11, 2021
Investors eye Airbus Q4 after flat September jet deliveries
(Reuters) - Airbus jetliner deliveries were flat in September, compared with the previous month, heralding another end-year sprint to allow the European planemaker to reach its overall 2021 target. Ai...
Oct 11, 2021
Yellen tells IMF’s Georgieva data-rigging probe raised ‘legitimate’ concerns-Treasury
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen told International Monetary Fund Managing Director Kristalina Georgieva on Monday that a law firm's report into World Bank data-rigging alle...
Oct 11, 2021
IMF board reaffirms ‘confidence’ in Georgieva after data-rigging claims
WASHINGTON (Reuters) - The International Monetary Fund's executive board on Monday reaffirmed its full confidence in Managing Director Kristalina Georgieva after a review of claims that she pressured ...
Oct 11, 2021
Looming Evergrande bond coupon payments intensify contagion fears
HONG KONG (Reuters) - As China Evergrande Group looks set to miss its third round of bond payments in three weeks, markets are shifting their focus to other indebted property developers as a wall of d...
Oct 11, 2021
Peoria, IL, USA
44 °F Mist
