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China regulator recovers $47 billion in funds after audit review
BEIJING (Reuters) - China's auditing regulator said officials should "keep their eyes open" when conducting audits, after recovering more than 300 billion yuan ($47.04 billion) in government funds, th...
Syndicated Content Jan 07, 2022
Shell to continue $7 billion buyback programme ‘at pace’
By Ron Bousso LONDON (Reuters) -Royal Dutch Shell said on Friday its $7 billion share buyback programme, of which $1.5 billion has been completed, will continue "at pace" despite a slowdown in fuel de...
Syndicated Content Jan 07, 2022
Tech company STMicro reports higher than expected Q4 revenues
PARIS (Reuters) - Franco-Italian chipmaker STMicroelectronics said its preliminary fourth-quarter revenues were slightly above the guidance given at the end of October, in the context of a global micr...
Syndicated Content Jan 07, 2022
Swiss National Bank increases annual profit as stock markets boom
ZURICH (Reuters) - The Swiss National Bank expects to make a profit of around 26 billion Swiss francs ($28.22 billion) for 2021, the central bank said in its provisional results on Friday, as booming ...
Syndicated Content Jan 07, 2022
Asian stocks trade at steep valuation discount to global peers
By Gaurav Dogra (Reuters) - Asian shares' relative price valuations hit a more than 18-year low compared to their global counterparts last week, after regional equities dropped in 2021 due to investor...
Syndicated Content Jan 07, 2022
Fed’s ‘maximum employment’ is here; not everyone has benefited
By Howard Schneider WASHINGTON (Reuters) - Since adopting a new approach to U.S. monetary policy weighted towards ensuring a strong labor market, Federal Reserve officials have been reluctant to defin...
Syndicated Content Jan 07, 2022
Chinese police rap Walmart for cybersecurity loopholes – local media
BEIJING (Reuters) - Chinese authorities rapped Walmart for allegedly violating cybersecurity laws, local media reported, the latest trouble for the U.S. retailer that is already a target of accusation...
Syndicated Content Jan 07, 2022
U.S. job growth seen accelerating in December; record job creation anticipated for 2021
By Lucia Mutikani WASHINGTON (Reuters) - U.S. employment growth likely picked up in December, culminating in record job creation in 2021, but the labor market could temporarily lose its luster as ragi...
Syndicated Content Jan 06, 2022
Japan Finance Minister: Closely watching forex impact on economy as yen falls
By Tetsushi Kajimoto TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki said on Friday that he was closely watching any impact of currency moves on the economy and that foreign exchange stabil...
Syndicated Content Jan 06, 2022
Change your car’s colour with an app: BMW unveils colour-changing car
By Omar Younis LAS VEGAS (Reuters) - German carmaker BMW has unveiled the world's first "colour-changing" car at the Consumer Electronics Show (CES) in Las Vegas. The concept car, called the BMW iX Fl...
Syndicated Content Jan 06, 2022
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