Category Archives:
China’s Tencent starts new round of layoffs -sources
By David Kirton and Josh Ye SHENZHEN, China/HONG KONG (Reuters) - Chinese tech giant Tencent Holdings has begun a new round of job cuts targeted at its video streaming, gaming and cloud units, four so...
Nov 15, 2022
Poland’s Q3 GDP at 3.5%, above forecast
(Reuters) - Poland's gross domestic product rose 3.5% year-on-year in the third quarter compared to 5.8% rise in the previous quarter, a first estimate from the statistics office showed on Tuesday. An...
Nov 15, 2022
Amazon launches virtual healthcare clinic in U.S
(Reuters) - Amazon.com Inc launched Amazon clinic on Tuesday, a virtual platform for common healthcare conditions like allergies, acne and asthma, expanding the e-commerce giant's presence in the U.S....
Nov 15, 2022
Bank of Korea board member Suh says macroeconomic policy needs to be flexible
SEOUL (Reuters) - Bank of Korea (BOK) monetary policy committee member Suh Young-kyung said on Tuesday that monetary policy needs to be flexible, as trade-offs have intensified between external and in...
Nov 15, 2022
Dutch economy shrank 0.2% in Q3 as inflation bites
AMSTERDAM (Reuters) - The Dutch economy shrank 0.2% on a quarterly basis in the third quarter as rising interest rates slowed down the housing market and surging inflation put a brake on consumption, ...
Nov 15, 2022
JPMorgan cuts China quarterly and full-year growth forecasts
LONDON (Reuters) - Investment bank JPMorgan cut its forecasts for economic growth in China on Tuesday due to the country's ongoing COVID-19 restrictions. JPMorgan has lowered its projections a number ...
Nov 15, 2022
European shares open higher as defensives eke out gains; Vodafone tumbles
(Reuters) - European shares opened higher on Tuesday, with defensive utilities and real estate sectors leading the advance after more Federal Reserve officials dampened hopes of a policy pivot, while ...
Nov 15, 2022
Spain’s 12-month inflation down to 7.3% in October
(Reuters) - Spanish consumer prices rose 7.3% year-on-year in October, down from 8.9% in the period through September, final data released by the National Statistics Institute showed on Tuesday. Analy...
Nov 15, 2022
Tech investor Draper sours on China, says it has left the free market
TAIPEI (Reuters) - China is no longer a place to invest and has left "the free market" under President Xi Jinping, said U.S. venture capitalist Tim Draper, an early investor in Elon Musk's Tesla and S...
Nov 15, 2022
Christmas shopping comes early for Britons in grip of cost crunch
By James Davey LONDON (Reuters) - More Britons began their Christmas shopping early this year as they navigate a worsening cost-of-living squeeze by budgeting their spending, market research group Nie...
Nov 15, 2022
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