Category Archives:
Goldman Sachs gets regulator nod for full ownership of China securities JV
(Reuters) - Goldman Sachs said on Sunday it received an approval from China's securities regulator to take full control of its mainland securities business. The U.S. bank said it will buy the remainde...
Oct 17, 2021
Oil prices climb to highest in years as COVID recovery, power generators stoke demand
By Jessica Jaganathan SINGAPORE (Reuters) - Oil prices hit their highest in years on Monday as demand continues its recovery from the COVID-19 pandemic, boosted by more custom from power generators tu...
Oct 17, 2021
Dollar wavering as global inflation surges; kiwi jumps
By Tom Westbrook SINGAPORE (Reuters) - The dollar made a wobbly start to the week on Monday with the kiwi and sterling edging higher after a red-hot inflation readout in New Zealand and hawkish remark...
Oct 17, 2021
Asian shares jittery ahead of China GDP; oil hits fresh highs
By Alun John HONG KONG (Reuters) - Asian shares were on edge on Monday morning ahead of the release of Chinese economic data for the third quarter, as investors fret about the health of the world's se...
Oct 17, 2021
Washington subway system to suspend some rail car use Monday for probe
WASHINGTON (Reuters) - The Washington Metropolitan Area Transit Authority said late Sunday it will not use nearly 60% of its rail fleet Monday as part of a probe into the Oct. 12 derailment of a train...
Oct 17, 2021
China Q3 GDP growth seen hitting 1-year low, raising heat on policymakers
By Kevin Yao BEIJING (Reuters) - China's economy likely grew at the slowest pace in a year in the third quarter, hurt by power shortages, supply bottlenecks and sporadic COVID-19 outbreaks and raising...
Oct 17, 2021
Saks Fifth Avenue ecommerce unit aims for IPO at $6 billion valuation – WSJ
(Reuters) - The ecommerce business of luxury department store Saks Fifth Avenue is preparing for an initial public offering and targeting a $6 billion valuation, the Wall Street Journal reported Sunda...
Oct 17, 2021
Facebook plans to hire 10,000 in EU to build ‘metaverse’
(Reuters) - Facebook Inc plans to hire 10,000 in the European Union over the next five years, the social media giant said on Monday, to help build the so-called metaverse - a nascent online world wher...
Oct 17, 2021
New Zealand Q3 inflation rises to highest in over a decade
WELLINGTON (Reuters) - New Zealand's Consumer Price Index (CPI) rose to its highest in over a decade in the third quarter, beating expectations, according to data released by Statistics New Zealand on...
Oct 17, 2021
Michigan judge tosses GM lawsuit against Fiat Chrysler
By David Shepardson WASHINGTON (Reuters) - A Michigan judge has thrown out a lawsuit that General Motors Co filed against Stellantis' Fiat Chrysler Automobiles (FCA) that accused its rival of fraud an...
Oct 17, 2021
Peoria, IL, USA
51 °F Thunderstorm In Vicinity, Mist
