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Analysis: China makes tweaks, but tough COVID policy still drags on economy
By Tony Munroe BEIJING (Reuters) - China has been tweaking its stringent COVID curbs but shows no sign of backing off from its "dynamic zero" policy, and has lagged in vaccination efforts that would e...
Syndicated Content Jul 14, 2022
Credit Suisse seeks to remain independent, chairman says – FT
ZURICH (Reuters) - Swiss bank Credit Suisse sees its future as an independent entity, Chairman Axel Lehmann told the Financial Times, amid speculation that the beleaguered group could be acquired or b...
Syndicated Content Jul 14, 2022
China seen keeping medium-term policy rate unchanged for a sixth month
SHANGHAI (Reuters) - China's central bank is widely expected to keep unchanged the borrowing costs on its medium-term policy loans for the sixth consecutive month on Friday, a Reuters survey showed. A...
Syndicated Content Jul 14, 2022
Intel plans price hikes on broad range of chip products – Nikkei
(Reuters) - Intel Corp has informed customers that it will raise prices on a majority of its microprocessors and peripheral chip products later this year, citing rising costs, Nikkei reported on Thurs...
Syndicated Content Jul 14, 2022
China property protests threaten to dent $220 billion of banks’ mortgage loans
By Clare Jim and Xie Yu HONG KONG (Reuters) - Chinese banks are set to take a hit to asset quality from mortgage business as growing numbers of homebuyers threaten to stop loan repayments to protest a...
Syndicated Content Jul 14, 2022
Russia’s M.Video starts used smartphone sales as foreign supplies dwindle
MOSCOW (Reuters) - Russian consumer electronics retailer M.Video-Eldorado on Thursday said it had started selling discounted and used smartphones, offering Russian consumers cheaper alternatives as We...
Syndicated Content Jul 14, 2022
Spain’s Opdenergy plans market debut on July 22
MADRID (Reuters) - Spanish renewable power group Opdenergy plans to start trading on July 22 following the approval of its initial public offering by the supervisor, the company said in a statement la...
Syndicated Content Jul 14, 2022
Deutsche Telekom expects European tower business to further consolidate
BERLIN (Reuters) - Deutsche Telekom expects the European tower business to consolidate further and said it now had capable partners on board, after announcing earlier on Thursday that it would sell 51...
Syndicated Content Jul 14, 2022
SAS says pilot strike has so far cost $123 million
COPENHAGEN (Reuters) - Airline SAS said on Thursday a pilot strike has cost as much as 1.3 billion Swedish crowns ($122.5 million) so far, and that the strike might jeopardize the firm's ability to se...
Syndicated Content Jul 14, 2022
Experian first-quarter revenue rises on robust credit demand
(Reuters) -Experian reported higher first-quarter total revenue on Thursday, as the world's largest credit data firm benefited from a robust demand in demand and supply of credit, mainly in North Amer...
Syndicated Content Jul 14, 2022
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