Category Archives:
Offshore bondholders in troubled Chinese developer Kaisa seek to buy onshore bad loans – sources
HONG KONG (Reuters) - A group of holders of offshore bonds issued by debt-laden Chinese developer Kaisa Group Holdings Ltd agreed to set aside up to $1 billion to buy bad loans from the firm's onshore...
Dec 15, 2021
Japan lower house passes record extra budget to prop COVID-hit economy
TOKYO (Reuters) - Japan's lower house of parliament on Wednesday passed the government's biggest-ever extra budget worth $316 billion as it looks to spur a recovery from COVID-19 pandemic. The first e...
Dec 15, 2021
Toyota says it will build record 800,000 vehicles in January
TOKYO (Reuters) - Toyota Motor Co said on Wednesday it planned to build 800,000 vehicles globally in January, a record for the month, as it ramps up production to make up for output lost to parts shor...
Dec 15, 2021
Marketminds: Okay Fed, show us your hand
A look at the day ahead from Dhara Ranasinghe. A fortnight ago, Federal Reserve chief Jerome Powell offered a glimpse of what was to come at the December Fed meeting by suggesting a tapering of asset ...
Dec 15, 2021
Suntory CEO says quick rollout of vaccine boosters key for Japan service sector
By Ritsuko Shimizu and Rocky Swift TOKYO (Reuters) - The head of Japanese beverage group Suntory Holdings said a quick deployment of COVID-19 vaccine booster shots will be key if the country's service...
Dec 15, 2021
Oracle expands cloud cover with data centers in Sweden, Italy
STOCKHOLM/MILAN (Reuters) - Oracle said on Wednesday it has opened its first cloud region in the Nordics in Stockholm, along with one in Milan, Italy, as the pandemic increased demand for cloud comput...
Dec 15, 2021
Grindr fine cut to $7 million in Norway data privacy case
OSLO (Reuters) - Norway's Data Protection Authority (DPA) has handed dating app Grindr a reduced 65 million Norwegian crown ($7.14 million) fine over illegal disclosure of user data to advertisers, sa...
Dec 15, 2021
UK inflation jumps to 10-year high of 5.1%
By David Milliken and Andy Bruce LONDON (Reuters) -British consumer price inflation surged to its highest in more than 10 years in November, jumping to 5.1% from October's 4.2%, in news likely to unse...
Dec 15, 2021
French transport minister says “not worried” about Tesla after Paris car accident
PARIS (Reuters) - French Transport Minister Jean-Baptiste Djebbari said on Wednesday he was "not worried" at this stage about a fatal accident involving a Tesla car Model 3 over the weekend. "There ar...
Dec 15, 2021
H&M Sept-Nov sales rise 8%, returning to pre-pandemic level
STOCKHOLM (Reuters) -Sweden's H&M, the world's second-biggest fashion retailer, reported on Wednesday an increase in September through November sales that was in line with expectations. Net sales were...
Dec 15, 2021
Peoria, IL, USA
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