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Analysis-CEOs and central bankers talk past each other on inflation
By Francesco Canepa and Mark John FRANKFURT/LONDON (Reuters) - The bosses of top multinationals are fretting about rising inflation but the very people responsible for keeping price growth in check - ...
Syndicated Content Aug 06, 2021
Fintech unit of Malaysia’s AirAsia secures up to $100 million from SK Group
KUALA LUMPUR (Reuters) - South Korea's SK Group will invest up to $100 million in the financial technology unit of AirAsia Group Bhd, the Malaysian budget carrier said in a statement on Friday. BigPay...
Syndicated Content Aug 06, 2021
Take Five: Dodging the summer squalls
LONDON (Reuters) - Below are five events and themes likely to dominate global financial markets next week. 1/INFLATION PALPITATIONS U.S. consumer price data out on Wednesday will provide some answers ...
Syndicated Content Aug 06, 2021
China’s export, import growth seen moderating in July: Reuters poll
BEIJING (Reuters) - China's robust export growth likely moderated in July amid an acceleration in COVID-19 cases globally and continuing severe pressure on global supply chains, a Reuters poll showed ...
Syndicated Content Aug 06, 2021
Monte dei Paschi cuts legal claims to 4.9 billion euros – slide
MILAN (Reuters) - Italy's Banca Monte dei Paschi di Siena (MPS) has further reduced its legal claims to 4.9 billion euros ($5.8 billion), a slide on the Tuscan bank's website showed, marking another s...
Syndicated Content Aug 06, 2021
Credit Suisse to repay another $400 million to Greensill-linked fund investors
ZURICH (Reuters) - Credit Suisse will repay another $400 million to investors in its Greensill-linked supply chain finance funds, the Swiss bank said on Friday. The payout, planned for Friday, is the ...
Syndicated Content Aug 06, 2021
Huawei revenue drops 29% as its consumer growth engine stutters
By David Kirton SHENZHEN, China (Reuters) -Chinese telecommunications giant Huawei Technologies saw its revenue drop by almost a third in the first half of 2021, with U.S. sanctions hobbling its once-...
Syndicated Content Aug 06, 2021
China’s gasoline, jet fuel use to hit record in 2021 despite COVID cloud
By Chen Aizhu and Muyu Xu SINGAPORE/BEIJING (Reuters) - China's fuel demand is on track to hit record highs this year on a rebound in car sales and booming domestic air travel, even as a resurgence of...
Syndicated Content Aug 06, 2021
Marketmind: Pay day!
A look at the day ahead from Sujata Rao. It's been an eventful central banking week. Australia stuck with plans to unwind stimulus from September, Brazilian and Czech interest rates rose and the Bank ...
Syndicated Content Aug 06, 2021
European stocks slip but set for strong weekly gain
(Reuters) - European stocks fell marginally on Friday ahead of a key U.S. jobs report, but were on course to end the week higher as investors grew confident in the region's economic recovery and earni...
Syndicated Content Aug 06, 2021
Peoria, IL, USA
42 °F Overcast
