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Asian shares on edge as day of Fed chair speech arrives
By Alun John HONG KONG (Reuters) - Asian shares were mixed on Friday morning as slight gains in China were balanced by declines elsewhere and investors globally turned cautious ahead of a long-awaited...
Syndicated Content Aug 26, 2021
Biden advisers weigh Powell as Fed chair, Brainard as vice chair -Bloomberg News
(Reuters) - U.S. President Joe Biden's advisers are considering recommending Jerome Powell for a second term as Federal Reserve chair with Lael Brainard as chief regulator, Bloomberg News reported on ...
Syndicated Content Aug 26, 2021
Australia retail sales plunge in July, economy set to shrink
By Wayne Cole SYDNEY (Reuters) - Australian retail sales plunged in July as coronavirus lockdowns shut shops and services in the nation's largest city, further evidence the economy is set to contract ...
Syndicated Content Aug 26, 2021
Alphabet’s Waymo to stop selling lidar self-driving car sensors
SAN FRANCISCO (Reuters) -Alphabet Inc's self-driving unit Waymo has ended an effort to sell light detection and ranging (lidar) sensors to other companies, a company spokesman said on Thursday. This i...
Syndicated Content Aug 26, 2021
KKR to buy Ritchies Transport in first New Zealand infrastructure bet
(Reuters) - U.S. private equity firm KKR & Co Inc will purchase Ritchies Transport, one of New Zealand's largest bus companies, marking its first infrastructure investment in the island nation. The co...
Syndicated Content Aug 26, 2021
U.S. trade chief Tai tells Turkey countries must remove digital services taxes
WASHINGTON (Reuters) - U.S. Trade Representative Katherine Tai told Turkey's trade minister it was critical that countries remove individual digital services taxes in connection with a broader multila...
Syndicated Content Aug 26, 2021
China’s July industrial profit growth slows on Delta outbreak, floods and high costs
BEIJING (Reuters) - Profit growth at China's industrial firms in July grew at its slowest clip this year, as elevated raw material prices and supply chain constraints from extreme weather as well as s...
Syndicated Content Aug 26, 2021
Oil climbs as storm approaches Gulf of Mexico production hub
By Sonali Paul MELBOURNE (Reuters) - Oil prices rose on Friday, on track to post big gains for the week, on worries about near term supply disruptions as energy companies began shutting in production ...
Syndicated Content Aug 26, 2021
China cbank makes biggest weekly cash injection into banking system since Feb
SHANGHAI (Reuters) - China's central bank increased its short-term fund injection this week by offering the most cash on a net basis in nearly seven months to meet higher cash demand towards the month...
Syndicated Content Aug 26, 2021
Virgin Australia to add 9 planes to fleet ahead of expected travel rebound
SYDNEY (Reuters) - Virgin Australia said on Friday it would add nine Boeing Co 737-800 planes to its fleet from October in preparation for an expected increase in domestic travel as vaccination rates ...
Syndicated Content Aug 26, 2021
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