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Analysis-Red tape, political hurdles hinder Draghi’s drive to reform Italy
By Angelo Amante, Gavin Jones and Giuseppe Fonte ROME (Reuters) - Prime Minister Mario Draghi set an ambitious reform timeline to relaunch Italy's chronically sluggish economy after the COVID-19 pande...
Syndicated Content Sep 24, 2021
Some Evergrande offshore bondholders not paid by Thursday deadline U.S. time – sources
SINGAPORE/HONG KONG (Reuters) - Some of China Evergrande Group's offshore bondholders have not received interest payment by a Thursday deadline U.S. time, two people familiar with the matter said, as ...
Syndicated Content Sep 24, 2021
Nomura cuts China 2021 growth forecast to 7.7% from 8.2%
BEIJING (Reuters) - Analysts at Nomura cut their forecast for China's annual gross domestic product (GDP) growth in 2021 to 7.7% from 8.2% on Friday, citing the impact of factories pausing operations ...
Syndicated Content Sep 24, 2021
Chinese gaming firms vow self-regulation amid crackdown on teen addiction
BEIJING (Reuters) - Over 200 Chinese gaming companies have pledged to regulate their industry to combat gaming addiction, including through the possible use of facial recognition to identify minors, a...
Syndicated Content Sep 24, 2021
ECB’s Lagarde says many causes of inflation spike are temporary: CNBC
FRANKFURT (Reuters) -Many of the drivers of a recent spike in euro zone inflation are temporary and due to fade in the next year, European Central Bank President Christine Lagarde said in an interview...
Syndicated Content Sep 24, 2021
California governor signs $15 billion package to tackle climate change
By Kanishka Singh (Reuters) - California Governor Gavin Newsom has signed a $15 billion package that will fund programs to tackle drought and climate change in the state after a devastating wildfire s...
Syndicated Content Sep 24, 2021
Wall Street eyes four more years for Powell at Fed
By Noel Randewich (Reuters) - Federal Reserve Chairman Jerome Powell remains favored for renomination by the White House, and if recent history repeats itself a decision may come at any time before th...
Syndicated Content Sep 24, 2021
New Beijing stock exchange to run technical tests ahead of trading
SHANGHAI (Reuters) - China's newly-established Beijing Stock Exchange has said it plans to run two comprehensive technical tests with market players, one as early as Saturday, in a sign that the start...
Syndicated Content Sep 24, 2021
Crackdown-hit Alibaba to divest 5% stake in Chinese broadcaster
SHANGHAI (Reuters) - An investment arm of Chinese e-commerce giant Alibaba Group Holding Ltd, targeted in a regulatory crackdown, will divest its entire stake of 5.01% in broadcaster Mango Excellent M...
Syndicated Content Sep 24, 2021
Taiwan’s TSMC says working to overcome global chip shortage
TAIPEI (Reuters) - Taiwan's TSMC said on Friday it is actively supporting and working with all stakeholders to overcome a global semiconductor shortage, after its participation at a White House meetin...
Syndicated Content Sep 23, 2021
Peoria, IL, USA
42 °F Partly cloudy
