Category Archives:
Euro zone corporate lending growth continues to accelerate
FRANKFURT (Reuters) - Lending to euro zone companies accelerated for the fourth straight month in December, reversing a mid-year dip, European Central Bank data showed on Friday. Lending to euro zone ...
Jan 28, 2022
Hong Kong regulator fines Citi unit $45 million
HONG KONG (Reuters) - Hong Kong's markets watchdog has fined a Citigroup unit HK$348.25 million ($44.68 million) for what it called serious regulatory failures over client facilitation activities, att...
Jan 28, 2022
Take Five: Hawks hover, doves in danger
(Reuters) - Hot on the heels of the Federal Reserve, British, euro area and Australian central banks are lining up to meet next week. The Bank of England is tipped to lift rates for the second time in...
Jan 28, 2022
Europe’s tech stocks set for biggest monthly drop in more than 13 years
By Joice Alves LONDON (Reuters) - European technology stocks fell on Friday and was on track for its biggest monthly drop since the 2008 global financial crisis as investors sold growth stocks in Janu...
Jan 28, 2022
China home builders, suppliers issue spate of profit warnings as Evergrande woes bite
SHANGHAI (Reuters) - A growing number of Chinese construction and decoration companies are writing off assets or issuing profit warnings as debt woes at China Evergrande Group and other property devel...
Jan 28, 2022
German economic growth expected to slow down in 2023
BERLIN (Reuters) - German economic growth will slow down to 2.3% in 2023, Economy Minister Robert Habeck said on Friday. The government cut its economic growth forecast for 2022 this month to 3.6% fro...
Jan 28, 2022
IMF warns of unbalanced China recovery, policy uncertainty
BEIJING (Reuters) - The International Monetary Fund said that China's economic recovery is well advanced but imbalanced due to weak consumption, and also warned of uncertainty brought by regulatory cr...
Jan 28, 2022
Renault to produce new Alpine model at Dieppe site
PARIS (Reuters) - French carmaker Renault will produce the new electric model of its Alpine brand at its Dieppe site in northern France, Chairman Jean-Dominique Senard said on Friday. "There was uncer...
Jan 28, 2022
China’s Xiamen city paves way for long-discussed property tax pilot
BEIJING (Reuters) - The Chinese city of Xiamen is preparing for the launch of a pilot real estate tax as part of efforts to guard against major market fluctuations, in the latest sign China is moving ...
Jan 28, 2022
LVMH shares rise after luxury giant’s Q4 sales growth accelerated
PARIS (Reuters) - Shares in LVMH rose on Friday after the world's largest luxury goods conglomerate reported an acceleration in its fourth quarter sales growth. LVMH shares were up 3.9 percent in earl...
Jan 28, 2022
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