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Credit Agricole’s profit doubles even as investment banking lags
By Matthieu Protard PARIS (Reuters) - Credit Agricole reported a two-fold rise in quarterly profit on Thursday, as an improving economy prompted it to set aside less funds to cover bad loans, although...
Syndicated Content Aug 05, 2021
Special Report-How a little-known G7 task force unwittingly helps governments target critics
By Angus Berwick (Reuters) - In late 2020, when Ugandan President Yoweri Museveni faced a fresh challenge to his 35-year rule, a new tool helped to silence his critics: anti-money laundering legislati...
Syndicated Content Aug 05, 2021
U.S. senators gird for CBO analysis of $1 trillion infrastructure bill
By Richard Cowan WASHINGTON (Reuters) - A $1 trillion bipartisan infrastructure bill on Thursday faces its biggest test of this week's U.S. Senate debate when the nonpartisan Congressional Budget Offi...
Syndicated Content Aug 05, 2021
China-U.S. container shipping rates sail past $20,000 to record
By Roslan Khasawneh and Muyu Xu SINGAPORE/BEIJING (Reuters) - Container shipping rates from China to the United States have scaled fresh highs above $20,000 per 40-foot box as rising retailer orders a...
Syndicated Content Aug 05, 2021
Oil producer Canadian Natural posts rise in quarterly profit
(Reuters) -Oil producer Canadian Natural Resources on Thursday posted a 21% rise in second-quarter profit on a sequential basis, buoyed by higher oil prices which rebounded from pandemic-driven lows. ...
Syndicated Content Aug 05, 2021
ByteDance to lay off staff, close businesses over China tutoring clampdown -sources
BEIJING (Reuters) - TikTok owner ByteDance told employees on Thursday that it planned to lay off teachers, sales and advertising employees in its education business after China imposed sweeping regula...
Syndicated Content Aug 05, 2021
Analysis-Drinks makers target high-end spirits for post-COVID growth
By Siddharth Cavale and Francesca Landini BENGALURU/MILAN (Reuters) - Major drinks companies are making deals and reaching joint ventures to boost their offerings of spirits priced at $200-a-bottle an...
Syndicated Content Aug 05, 2021
Biden to set target for 50% EVs by 2030; industry backs goal
By David Shepardson WASHINGTON (Reuters) - U.S. President Joe Biden will sign an executive order on Thursday setting a target to make half of all new vehicles sold in 2030 zero-emissions vehicles and ...
Syndicated Content Aug 05, 2021
Mall operator Hammerson warns footfall still lags pre-crisis levels
By Aby Jose Koilparambil (Reuters) - British mall operator Hammerson reported an improvement in adjusted earnings for the first half compared with a crisis-hit 2020, but warned on Thursday that footfa...
Syndicated Content Aug 05, 2021
UK construction PMI slumps to lowest since February
By David Milliken LONDON (Reuters) - Activity in Britain's construction industry grew last month at its weakest pace since February due to shortages of building materials and contractors, adding to si...
Syndicated Content Aug 05, 2021
Peoria, IL, USA
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