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Thyssenkrupp swings to Q3 profit, asks for time on steel
FRANKFURT (Reuters) - Thyssenkrupp on Wednesday swung to an operating profit in the third-quarter on the back of high materials prices and demand from the car sector, but cautioned the positive impact...
Syndicated Content Aug 11, 2021
Analysis-Investors look under the radar for winners from U.S. infrastructure bill
By David Randall NEW YORK (Reuters) - Investors are ramping up the search for stocks that could benefit from a potential splurge in infrastructure spending, as a $1 trillion bipartisan bill https://ww...
Syndicated Content Aug 11, 2021
How Sweden became the Silicon Valley of Europe
By Colm Fulton and Supantha Mukherjee STOCKHOLM (Reuters) - As Klarna's billionaire founder Sebastian Siemiatkowski prepares to stage one of the biggest-ever European fintech company listings, a feast...
Syndicated Content Aug 11, 2021
Debt-laden Evergrande says in sale talks for certain assets; shares jump
HONG KONG/SHANGHAI (Reuters) - Shares of debt-ladden China Evergrande Group jumped on Wednesday after it confirmed that it is in talks to sell certain assets, as the move could ease cashflow pressure ...
Syndicated Content Aug 10, 2021
Lenovo Q1 profit more than doubles, beats expectations
By Brenda Goh SHANGHAI (Reuters) -China's Lenovo Group Ltd, the world's biggest maker of personal computers, on Wednesday posted a better-than-expected jump in first-quarter profit as COVID-19 curbs c...
Syndicated Content Aug 10, 2021
Cathay Pacific H1 loss shrinks by almost a quarter, air cargo demand seen robust
By Jamie Freed (Reuters) -Hong Kong's Cathay Pacific Airways Ltd said on Wednesday its first-half loss shrunk by nearly a quarter, helped by a drastic reduction in headcount and strong air cargo deman...
Syndicated Content Aug 10, 2021
U.S. Senate debate on $3.5 trillion spending plan enters second day
By Susan Cornwell and Makini Brice WASHINGTON (Reuters) - Debate on a $3.5 trillion spending blueprint for President Joe Biden's top priorities entered a second day Wednesday in the U.S. Senate, where...
Syndicated Content Aug 10, 2021
India, U.S. seeing fund inflows after China crackdown – Mark Mobius
By Divya Chowdhury MUMBAI (Reuters) - India, the United States and parts of other emerging markets have seen fund inflows redirected from China as recent regulatory crackdowns in the world's second-bi...
Syndicated Content Aug 10, 2021
Chinese tech firms ‘self-correct’ to get ahead of potential regulatory fury
By Yingzhi Yang and Brenda Goh BEIJING (Reuters) - Fretting about unprecedented regulatory heat for China's tech sector, some companies are no longer waiting for any official reprimands that may or ma...
Syndicated Content Aug 10, 2021
Dollar, U.S. yields gain, Asian shares held back by Delta worries
By Alun John HONG KONG (Reuters) - The dollar and U.S. yields extended gains in Asia on Wednesday, spurred by tapering talk, while Asian shares traded sideways on fears about the spread of the coronav...
Syndicated Content Aug 10, 2021

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