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Progress in reforming development banks ‘quite limited,’ new tool shows
By Andrea Shalal MARRAKECH, Morocco (Reuters) - A new tool launched on Monday to track reforms by the World Bank and the five biggest multilateral development banks (MDBs) shows that broad changes are...
Syndicated Content Oct 09, 2023
Commonwealth Bank of Australia cuts 192 back-office jobs, says trade union
(Reuters) - Australia's biggest lender Commonwealth Bank of Australia will cut 192 jobs from its back office operations in Sydney, Melbourne and Perth, including some workers currently employed by Ban...
Syndicated Content Oct 09, 2023
China targets 50% growth in computing power in race against U.S
By Josh Ye HONG KONG (Reuters) - China aims to boost the country's aggregate computing power by more than 50% by 2025, according to a plan released by authorities on Monday, as Beijing tightens its fo...
Syndicated Content Oct 09, 2023
Analysis-Argentina election lures risk-taking investors to long-odds gamble
By Rodrigo Campos NEW YORK (Reuters) - Argentina's presidential race is enticing some risk-taking investors to place bets despite the long odds that a new government can steer South America's second-l...
Syndicated Content Oct 09, 2023
Schaeffler AG to submit tender offer for Vitesco Technologies
(Reuters) -Schaeffler AG will launch a tender offer to all shareholders of Vitesco Technologies, the German EV components maker said on Monday. The company - controlled by Germany's billionaire Schaef...
Syndicated Content Oct 09, 2023
Bank of Israel to sell $30 billion of forex to moderate shekel’s volatility
JERUSALEM (Reuters) - The Bank of Israel said on Monday it will sell up to $30 billion of foreign currency in the open market to maintain stability after the country said it was at war with the Palest...
Syndicated Content Oct 09, 2023
Analysis-Tunisia faces rising pressure, record IMF delay over lack of reforms
By Jorgelina do Rosario LONDON (Reuters) - Tunisia reached a preliminary deal with the International Monetary Fund a year ago on a $1.9 billion loan programme, but 12 months later it has yet to receiv...
Syndicated Content Oct 09, 2023
Analysis-Europe’s Luxury stocks at risk of going out of style
By Lucy Raitano and Mimosa Spencer LONDON/PARIS (Reuters) - Europe's luxury brands may have sparkled at Paris Fashion Week, but investors are questioning their taste for the shares in the face of a Ch...
Syndicated Content Oct 09, 2023
Weight-loss drugs fuel boom for firms that fill syringes
By Maggie Fick LONDON (Reuters) - Contract drug manufacturers seeking to tap into the booming market for weight-loss drugs are investing billions of dollars to expand or build factories that fill the ...
Syndicated Content Oct 09, 2023
Death toll in floods in Indian Himalayan state rises to 74 – govt officials
KOLKATA (Reuters) - The death toll after floods in the Indian Himalayan state of Sikkim has risen to 74, government officials said on Monday. At least 101 people were still missing after a cloudburst ...
Syndicated Content Oct 08, 2023
Peoria, IL, USA
46 °F Overcast
