Category Archives:
Marketmind: Mind the (Europe-U.S.) gap
A look at the day ahead from Sujata Rao. When advance prints of Purchasing managers' Indexes (PMI) land, focus will be on businesses' input cost increases and whether they show signs of easing. The re...
Nov 23, 2021
ECB’s Schnabel sees risk of higher inflation: report
FRANKFURT (Reuters) - Euro zone inflation will be higher next year than previously thought and there is a risk that price growth could stay above the ECB's target in the medium term, European Central ...
Nov 23, 2021
Caterer Compass resumes dividend on upbeat profit as economies reopen
(Reuters) - Catering giant Compass Group on Tuesday resumed dividend payouts, forecast fiscal 2022 underlying profit margin to be over 6%, and reported better-than-expected annual profit, as it benefi...
Nov 23, 2021
E.ON to invest $30 billion to prepare grids, customers for green future
By Christoph Steitz and Tom Kckenhoff FRANKFURT/DUESSELDORF (Reuters) -German energy group E.ON plans to invest about 27 billion euros ($30 billion) in its core business, including networks and retail...
Nov 23, 2021
Italy’s antitrust fines Amazon, Apple more than 200 million euros for alleged collusion
MILAN (Reuters) - Italy's antitrust authority has fined U.S. tech giants Amazon.com and Apple Inc a total of more than 200 million euros ($225 million) for allegedly engaging in anti-competitive coope...
Nov 23, 2021
Singapore targets 2 million tonnes of carbon capture by 2030
SINGAPORE (Reuters) - Singapore is aiming to realise at least 2 million tonnes of carbon capture potential by 2030 as part of a broader effort to make its Jurong Island oil refinery hub more sustainab...
Nov 23, 2021
UK’s AO World cuts profit outlook, flags product shortages
(Reuters) -British online electricals retailer AO World on Tuesday cut its fiscal 2022 profit outlook citing supply chain issues and warned of shortages in certain product categories ahead of the cruc...
Nov 23, 2021
China approves railway project worth $2.55 billion for southern provinces – media
BEIJING (Reuters) - China's state planner has approved a railway project worth 16.3 billion yuan ($2.55 billion) in southern China, local media reported on Tuesday. The railway will connect Ruijin cit...
Nov 23, 2021
Exclusive-Indigenous group seeks stake in Woodside’s $12 billion Scarborough, Pluto LNG project
By Sonali Paul MELBOURNE (Reuters) - A Western Australian Indigenous group is in talks with Woodside Petroleum over obtaining a stake in its $12 billion Scarborough and Pluto LNG expansion to help sec...
Nov 23, 2021
Some bondholders of China developer Kaisa tap adviser to help recover dues – source
By Anshuman Daga SINGAPORE (Reuters) - Some offshore bondholders of embattled Chinese developer Kaisa Group who did not receive coupon payments this month have tapped investment bank Moelis & Co to ad...
Nov 23, 2021
Peoria, IL, USA
45 °F Overcast
