Category Archives:
Goldman warns UK inflation could top 20% as recession nears
LONDON/HONG KONG (Reuters) -Inflation in Britain could exceed 20% early next year if spiralling gas prices fail to come down, economists from U.S. investment bank Goldman Sachs warned, adding that a r...
Aug 30, 2022
Baidu beats quarterly revenue estimates
(Reuters) - China's search engine giant Baidu Inc beat quarterly revenue estimates on Tuesday, driven by a recovery in advertising sales and higher demand for its cloud products. Total revenue stood a...
Aug 30, 2022
Euro zone economic sentiment falls more than expected in Aug
BRUSSELS (Reuters) - Euro zone economic sentiment fell more than expected in August, data showed on Tuesday, dragged lower by a drop in optimism in industry and in services despite a better mood among...
Aug 30, 2022
ECB’s Lane sees euro area slowdown, does not rule out technical recession
MADRID (Reuters) - The euro zone's economy is likely to experience an economic slowdown, European Central Bank's chief economist Philip Lane said on Tuesday, adding however that he did not rule out a ...
Aug 30, 2022
Taiwan’s China Airlines to buy 16 Boeing 787s in $4.6 billion deal
(Reuters) -Taiwan's China Airlines Ltd said on Tuesday it would buy 16 Boeing Co 787 widebody planes to replace its ageing fleet of Airbus A330s following a widely-watched contest held against the bac...
Aug 30, 2022
Top China bank ICBC, world’s largest, posts 4.9% H1 profit rise
BEIJING (Reuters) - Industrial and Commercial Bank of China Ltd (ICBC), the world's largest commercial lender by assets, said net profit grew 4.9% year-on-year in the first half of this year as the Ch...
Aug 30, 2022
Russia fines streaming service Twitch 3 million rbls -agencies
MOSCOW (Reuters) - A court in Russia on Tuesday fined streaming company Twitch 3 million roubles ($50,209) for refusing to remove a two-hour interview with an adviser to Ukrainian President Volodymyr ...
Aug 30, 2022
China issues draft rules to regulate financial holding companies’ related transactions
SHANGHAI (Reuters) - China's central bank issued draft rules on Tuesday to regulate related transactions of financial holding companies. Such transactions must conform to rational commercial principle...
Aug 30, 2022
Indonesia to see higher Q3 growth even with fuel price hike, minister says
JAKARTA (Reuters) - Indonesia's economic growth this quarter is expected to be higher than the 5.44% rate in Q2, even with a potential fuel price hike, a senior cabinet minister said on Tuesday. South...
Aug 30, 2022
Crypto lender Hodlnaut granted creditor protection by Singapore Court
(Reuters) - Hodlnaut said on Tuesday it has been placed under interim judicial management by the Singapore High Court, after the troubled cryptocurrency lender suspended withdrawals earlier this month...
Aug 30, 2022
Peoria, IL, USA
43 °F Overcast
