Category Archives:
Euro zone business growth slowed in October as prices soared -PMI
LONDON (Reuters) - Growth in euro zone business activity has slowed down this month as firms face soaring costs due to supply-chain constraints, while the bloc's dominant service industry struggled am...
Oct 22, 2021
China Evergrande’s snowballing debt crisis
HONG KONG (Reuters) - China Evergrande Group has supplied funds to pay interest on a dollar bond, a person with direct knowledge of the matter said on Friday, days before a deadline that would have se...
Oct 22, 2021
Evergrande relief, earnings support European stocks
(Reuters) - European stocks opened higher on Friday as a surprise interest payment by debt-ridden China Evergrande Group buoyed global sentiment while strong earnings from L'Oreal and gains in tech st...
Oct 22, 2021
China’s soyoil hit near 10-year high, crush margins swing back to profit
By Hallie Gu and Gavin Maguire BEIJING/SINGAPORE (Reuters) - China's soybean oil prices hit a near 10-year peak this week on tight supply and robust demand, lifting key soybean crushing margins to six...
Oct 22, 2021
Bank of Ireland buys KBC’s Irish assets in 5 billion euro deal
DUBLIN (Reuters) - Bank of Ireland on Friday agreed to buy "substantially all" of KBC's Irish performing assets for 5 billion euros as the Belgian financial group confirmed it would become the latest ...
Oct 22, 2021
Marketmind: Inflation expectations are soaring
A look at the day ahead from Tommy Wilkes. Expectations for price rises are growing sharply. The latest milestone on Friday was in the euro zone where German price expectations climbed to 8-1/2 year h...
Oct 22, 2021
Factbox-China Evergrande’s upcoming bond coupon payments
SHANGHAI (Reuters) - China Evergrande Group on Friday confounded market expectations that it would formally default this weekend, supplying funds to pay interest on a U.S. dollar bond before the expir...
Oct 22, 2021
Euro zone inflation expectations hit highest level in years
By Saikat Chatterjee and Abhinav Ramnarayan LONDON (Reuters) -Euro zone inflation expectations among bond investors hit their highest levels in years on Friday, putting additional pressure on the Euro...
Oct 22, 2021
Explainer-How China Evergrande’s debt troubles pose a systemic risk
By Clare Jim HONG KONG (Reuters) - China Evergrande Group has supplied funds to pay interest on a dollar bond, a person with direct knowledge of the matter told Reuters on Friday, days before a deadli...
Oct 22, 2021
Holiday Inn owner IHG room revenue bouncing back to pre-pandemic levels
(Reuters) - Holiday Inn owner IHG reported a sharp jump in third-quarter room revenue on Friday after a busy summer, with the company recovering closer to pre-pandemic levels on easing travel restrict...
Oct 22, 2021
Peoria, IL, USA
73 °F Sunny
