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IMF sees “critical role” as world transitions to digital money
NEW YORK (Reuters) - The International Monetary Fund must ramp up its resources as it seeks to "monitor, advise on, and help manage this far-reaching and complex transition" to digital money, accordin...
Syndicated Content Jul 29, 2021
German inflation jumps to 3.1%
BERLIN (Reuters) - Germany's annual consumer price inflation accelerated by more than expected in July, rising further above the European Central Bank's target of close to but below 2%, the Federal St...
Syndicated Content Jul 29, 2021
Bank of England to end euro liquidity facility
LONDON (Reuters) - The Bank of England said on Thursday that it would end a facility that allowed British-based financial institutions to access funds in euros, due to improved market conditions which...
Syndicated Content Jul 29, 2021
Workhorse Group appoints Richard Dauch CEO
(Reuters) - Electric vehicle company Workhorse Group said on Thursday it appointed Richard Dauch as chief executive officer. The company also said it was withdrawing its previously stated forecast dur...
Syndicated Content Jul 29, 2021
Orange Spain will invest close to 4 billion euros in 2021 despite bruising market
MADRID (Reuters) - Orange's Spanish unit will invest nearly 4 billion euros ($4.75 billion) in 2021, CEO Jean-Francois Fallacher said on Thursday, almost quadrupling 2020's investment levels despite b...
Syndicated Content Jul 29, 2021
Mastercard profit beats estimates on overall spending boost
(Reuters) - Mastercard Inc reported a second-quarter profit on Thursday that comfortably beat estimates, helped by an improvement in overall spending and a recovery in cross-border volumes. Card compa...
Syndicated Content Jul 29, 2021
TuSimple’s self-driving trucks to use Ryder sites as terminals
By Nick Carey (Reuters) - Self-driving truck technology company TuSimple Holdings Inc said on Thursday its trucks will use truck leasing and rental company Ryder System Inc's maintenance sites as term...
Syndicated Content Jul 29, 2021
LinkedIn to allow most employees to work remotely, reversing course
By Danielle Kaye NEW YORK (Reuters) - LinkedIn will allow most employees to opt for full-time remote work as offices gradually reopen, Chief People Officer Teuila Hanson told Reuters. This new policy ...
Syndicated Content Jul 29, 2021
From Facebook to Twitter, Big Tech sees social commerce driving sales growth
By Sheila Dang and Nivedita Balu (Reuters) - Led by Facebook, social media platforms from Alphabet's YouTube to Snap Inc and Twitter are investing heavily in shopping features to drive revenue growth,...
Syndicated Content Jul 29, 2021
ECB strategy may mean temporary inflation overshoots: accounts
FRANKFURT (Reuters) - The European Central Bank's new strategy may force the bank to temporarily overshoot its 2% inflation target, the bank said in the accounts of the meeting, which approved the con...
Syndicated Content Jul 29, 2021

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