Category Archives:
Apple starts legal action against Russian regulator in App Store dispute -RIA
MOSCOW (Reuters) - Apple has started legal proceedings against Russia's anti-monopoly regulator in a dispute concerning alternative payment options on its App Store platform, the RIA news agency repor...
Dec 06, 2021
China central bank to cut reserve requirement ratio for second time this year
BEIJING (Reuters) - China's central bank said on Monday it would cut the amount of cash that banks must hold as reserves, its second such move this year, releasing 1.2 trillion yuan in long-term liqui...
Dec 06, 2021
Factbox-U.S.-listed Chinese firms with secondary listings at home and Hong Kong
HONG KONG (Reuters) - Ride-hailing giant Didi Global's move to withdraw from the New York stock exchange has put a spotlight on other U.S.-listed Chinese firms and whether more will jump ship to Hong ...
Dec 06, 2021
European shares bounce after volatile week
(Reuters) - Oil stocks helped drive a rebound in European stocks on Monday after sharp losses late last week when fears about the Omicron variant and the U.S. monetary policy outlook weighed on invest...
Dec 06, 2021
AB InBev aims for core profit growth of 4% to 8% over medium term
BRUSSELS (Reuters) - Anheuser-Busch InBev set a target under its new leadership on Monday of delivering core profit growth of between 4% and 8% over the medium term. The world's largest brewer, headed...
Dec 06, 2021
UBS gives Hong Kong staff COVID quarantine cash -memo
HONG KONG (Reuters) - UBS Group AG has offered its Hong Kong staff up to HK$2000 ($256.45) a day to help cover mandatory hotel quarantine costs as the city maintains some of the strictest COVID restri...
Dec 06, 2021
Marketmind: Chasing the Omicron dip
A look at the day ahead from Julien Ponthus. Buying the dip triggered by the Omicron COVID-19 variant across global markets has proven a costly strategy so far. But some investors seem determined to h...
Dec 06, 2021
China’s economy expected to grow 5.3% in 2022, says govt think tank
BEIJING (Reuters) - China's economy is expected to grow around 5.3% in 2022, bringing the average annual growth rate forecast for 2020-2022 to 5.2%, the Chinese Academy of Social Sciences (CASS), a to...
Dec 06, 2021
UK new car sales edge up in November – preliminary data
LONDON (Reuters) - British new car registrations rose by roughly 1% year-on-year in November, according to preliminary industry data released on Monday. However, the Society of Motor Manufacturers and...
Dec 06, 2021
Greece’s Alpha Bank agrees to sell Albanian unit to OTP Bank
ATHENS (Reuters) -Alpha Bank, one of Greece's four largest banks, has agreed to sell its Albanian unit to Hungary's OTP Bank, it said on Monday. OTP Bank will pay 55 million euros ($62.05 million) to ...
Dec 06, 2021
Peoria, IL, USA
55 °F Overcast
