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Deutsche Bank expected to break profit run in fourth quarter- Preview
FRANKFURT (Reuters) - Deutsche Bank is expected to swing to a net loss when it reports fourth-quarter earnings on Thursday amid a slowdown in revenue at its investment bank, based on analysts' consens...
Syndicated Content Jan 24, 2022
Panasonic to invest $700 million to produce new batteries for EVs – Nikkei
(Corrects figure in headline to $700 million from $700 billion) TOKYO (Reuters) - Japan's Panasonic will invest about 80 billion yen ($705 million) to mass-produce a new type of lithium ion battery fo...
Syndicated Content Jan 24, 2022
Amigo shares sink over 50% after insolvency risk warning
(Reuters) - Shares in Amigo Holdings sank more than 50% on Monday after the British subprime lender said its loans unit could enter insolvency if a new business rescue plan was not approved by credito...
Syndicated Content Jan 24, 2022
Euro zone recovery stuttered in Jan as Omicron hit services -PMI
LONDON (Reuters) - The euro zone economic recovery weakened further this month as renewed restrictions imposed to contain the Omicron coronavirus variant put another dent in bloc's dominant services a...
Syndicated Content Jan 24, 2022
India’s Swiggy raises $700 million in funding round led by Invesco
BENGALURU (Reuters) - SoftBank-backed Indian food delivery firm Swiggy said on Monday it raised $700 million in a funding round led by U.S. investment firm Invesco, as competition intensifies for quic...
Syndicated Content Jan 24, 2022
JPMorgan merges EU operations into single German business
LONDON (Reuters) - American banking giant JPMorgan has merged most of its European Union businesses into a single entity in Germany, it said on Monday, seeking to make its business in the bloc more co...
Syndicated Content Jan 24, 2022
Funds see promise in battered Chinese real estate dollar bonds
By Samuel Shen and Andrew Galbraith SHANGHAI (Reuters) - Beaten-down dollar bonds issued by Chinese property developers are enticing domestic and global fund managers, some of whom are even planning t...
Syndicated Content Jan 24, 2022
Easing of supply shortages sustains German manufacturing recovery – PMI
BERLIN (Reuters) - Strong factory output growth helped by easing supply bottlenecks pushed activity in Germany's manufacturing sector to a five-month high in January, a survey showed on Monday. IHS Ma...
Syndicated Content Jan 24, 2022
Unilever shares gain after activist investor Peltz builds stake
(Reuters) - Unilever's shares rose 5% on Monday following reports activist investor Nelson Peltz has built a stake in the consumer goods maker, as its strategy comes under scrutiny after effectively a...
Syndicated Content Jan 24, 2022
French business growth weakens by more than forecast in January – flash PMI
PARIS (Reuters) - French business growth dipped by more than forecast in January compared to December, according to initial estimates in a monthly survey, as the impact of COVID-19 and inflationary pr...
Syndicated Content Jan 24, 2022
Peoria, IL, USA
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