Category Archives:
Swedish central bank calls on banks to restrict dividends as risks rise
STOCKHOLM (Reuters) - High inflation and the war in Ukraine have increased risks in Sweden's financial system and banks should strengthen their resilience by clamping down on dividends, the central ba...
Nov 09, 2022
Vodafone sells slice of Vantage Towers to KKR, other investors
LONDON (Reuters) -Vodafone said it would sell a portion of its majority stake in wireless towers unit Vantage to private equity firms GIP and KKR, and use the minimum proceeds of 3.2 billion euros to ...
Nov 09, 2022
IMF agrees $4.5 billion Bangladesh support programme
LONDON (Reuters) - The International Monetary Fund provisionally agreed a $4.5 support programme for Bangladesh on Wednesday. In statement the IMF said a "staff-level agreement" had been reached for a...
Nov 09, 2022
COP27 – World Bank’s Malpass: Half of World Bank’s climate finance is for adaptation
SHARM EL-SHEIKH (Reuters) - About half of the World Bank's $32 billion of climate financing is for adaptation to climate change, the body's president David Malpass said on Wednesday during the COP27 c...
Nov 09, 2022
Germany to block Chinese takeover of semiconductor firm ERS Electronic – Handelsblatt
BERLIN (Reuters) - The German government will block a prospective Chinese takeover of the German semiconductor firm ERS Electronic, the Handelsblatt newspaper said on Wednesday, citing government sour...
Nov 09, 2022
Tesla Shanghai adds to inventory at highest rate ever in October – brokerage data
SHANGHAI (Reuters) - Tesla added to its electric vehicle inventory in Shanghai at its fastest pace ever in October, brokerage data showed, at a time when automakers and investors are bracing for a dow...
Nov 09, 2022
Ahold turns to solar panels, lowers thermostats to save energy
By Richa Naidu and Toby Sterling LONDON (Reuters) - Supermarket group Ahold Delhaize is turning to renewable energy and lowering the temperature in its stores to help offset soaring gas prices. Energy...
Nov 09, 2022
Deutsche Bank joins recent industry criticism of ECB
FRANKFURT (Reuters) - Deutsche Bank on Wednesday waded into the financial industry's criticism of the European Central Bank, with the German lender's finance chief saying authorities should do more to...
Nov 09, 2022
Germany’s Bosch partners with IBM in quantum computing
FRANKFURT (Reuters) - Germany's Bosch is partnering with IBM in the field of quantum computing, hoping to use simulation technology to find surrogates for precious metals and rare earths in carbon-neu...
Nov 09, 2022
Shanghai bourse unit suffers temporary glitch in a market data system
SHANGHAI (Reuters) - A Shanghai Stock Exchange (SSE) unit said on Wednesday a market data system had resumed normal service following a temporary glitch that had led to abnormal data being supplied to...
Nov 09, 2022
Peoria, IL, USA
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