Category Archives:
Russian services activity shrinks for third month running in Dec -PMI
MOSCOW (Reuters) - Activity in Russia's services industry shrank for the third month running in December, a survey showed on Friday, as companies faced weak consumer demand at home, severe inflationar...
Dec 30, 2022
Coal, gas lead 2022 commodities rally; recession fears greet New Year
By Naveen Thukral and Florence Tan SINGAPORE (Reuters) - Coal and natural gas markets were poised on Friday to end 2022 with strong gains after a global energy crisis triggered by the Russia-Ukraine w...
Dec 30, 2022
China drafts rules for trust firms to curb shadow banking
BEIJING (Reuters) -China's banking and insurance regulator issued draft rules on Friday to step up oversight of the $3 trillion trust industry, and reduce financial risks in the shadow banking sector....
Dec 29, 2022
Factbox-Turkey’s raft of pre-election spending to swell budget
By Nevzat Devranoglu and Daren Butler ANKARA (Reuters) - President Tayyip Erdogan's decision to allow more than 2 million Turkish workers to retire early is his latest measure to ease economic hardshi...
Dec 29, 2022
Baidu gets license for driverless robotaxi tests in Beijing
(Reuters) - Baidu Inc said on Friday it had been granted the first license to test driverless vehicles on roads in Beijing, and would add another 200 robotaxis to its network across China in the comin...
Dec 29, 2022
Analysis-Chinese airlines primed to take advantage of border opening
By Jamie Freed and Sophie Yu SYDNEY/BEIJING (Reuters) - Chinese airlines will be the early winners of the country's international reopening, analysts say, having kept most widebody planes and staff re...
Dec 29, 2022
Indonesia issues emergency regulation to replace controversial job creation law
JAKARTA (Reuters) - Indonesia's President Joko Widodo has signed an emergency regulation to replace the controversial job creation law, his chief economics minister said on Friday, a law that the Cons...
Dec 29, 2022
Horse racing-US horse racing authority seeks to vacate ‘unconstitutional’ ruling
By Rory Carroll (Reuters) - Lawyers will ask a federal appeals court to vacate its ruling that a law designed to make horse racing safer was unconstitutional after changes to the Horseracing Integrity...
Dec 29, 2022
China’s Huawei sees 2022 revenue of $91.5 billion, up 0.4% -report
SHANGHAI (Reuters) -Chinese smartphone maker Huawei expects its revenue for 2022 to reach 636.9 billion yuan ($91.53 billion), media outlet the Paper said on Friday, citing a public letter from rotati...
Dec 29, 2022
Canada competition tribunal approves C$20 billion Rogers-Shaw merger
(Reuters) - Canada's competition tribunal on Thursday approved the C$20 billion ($14.77 billion) merger between Rogers Communications Inc and Shaw Communications Inc that would create the country's se...
Dec 29, 2022
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