Category Archives:
EU watchdog proposes curbs on sustainability terms in names of funds
LONDON (Reuters) - The European Union's securities watchdog (ESMA) set out draft proposals on Friday to restrict how investment funds can tout their environmental, social and governance (ESG) credenti...
Nov 18, 2022
Factbox-Advertisers react to Twitter’s new ownership
(Reuters) - Advertisers are grappling with Twitter's new ownership under Tesla boss Elon Musk, who once tweeted "I hate advertising". Below are reactions from some of the companies: Allianz SE German ...
Nov 18, 2022
UK’s Hunt delays “properly tough” budget decisions: IFS
By David Milliken LONDON (Reuters) - British finance minister Jeremy Hunt appears to have delayed the "properly tough" decisions needed to balance the public finances, possibly in the hope of an econo...
Nov 18, 2022
China’s JD.com beats revenue estimates as lockdowns drive online shopping
(Reuters) -E-commerce firm JD.com Inc posted an 11.4% rise in third-quarter revenue on Friday, beating analysts' estimates as COVID-19 lockdowns in China led more consumers to shop online. Chinese ret...
Nov 18, 2022
France’s EDF, Credit Agricole sign 1 billion euro nuclear loan
LONDON (Reuters) - EDF and Credit Agricole said on Friday they had signed a 1 billion euro ($1.04 billion) loan to finance the maintenance of nuclear power plants in France. The loan is part of EDF's ...
Nov 18, 2022
Bulgaria’s current account posts 1%/GDP surplus through September
SOFIA (Reuters) - Bulgaria posted a current account surplus of 770 million euros ($799.11 million), equal to 1% of economic output in the first nine months, compared to a surplus of 0.7% in the same p...
Nov 18, 2022
Banks, insurers and funds start offering private pension products
SHANGHAI (Reuters) - China's securities regulator on Friday published the name list of mutual funds eligible for the country's private pension scheme. Separately, China's banking and insurance regulat...
Nov 18, 2022
Volkswagen in talks with pre-IPO investors for battery unit – sources
By Emma-Victoria Farr and Jan Schwartz FRANKFURT/HAMBURG (Reuters) - German carmaker Volkswagen is holding discussions with investors to join its battery division ahead of a possible partial initial p...
Nov 18, 2022
Nigeria artist transforms oil kegs into faces to reduce waste
LAGOS (Reuters) - Growing up, Nigerian artist Oluwajuwonlo Adeyemi saw her mother discard large plastic kegs of cooking oil she used for her catering business in Lagos. Distraught at the thought of ad...
Nov 18, 2022
Brazil spending waiver may trigger record debt, crimp monetary policy
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) - Brazil's incoming government effort to exempt nearly 200 billion reais ($37 billion) of spending from a constitutional budget cap could push pu...
Nov 18, 2022
Peoria, IL, USA
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