Category Archives:
UK borrows less than expected in Dec, earlier months revised down too
LONDON (Reuters) -Britain's government borrowed less than expected last month, according to official figures from the Office for National Statistics which also revised down the size of the budget defi...
Jan 25, 2022
Vietnam artist marks Lunar New Year with hundreds of carved tigers
DUONG LAM, Vietnam (Reuters) - As Vietnam prepares to celebrate the Year of the Tiger next month, local artist Nguyen Tan Phat has been busy making hundreds of ornately carved sculptures of tigers to ...
Jan 25, 2022
Analysis-After explosion in costs, central Europe’s factories are passing on the pain
By Jason Hovet and Krisztina Than PRAGUE/BUDAPEST (Reuters) - Czech foundry Benes a Lat has seen its energy bill double in the past year and its finance director is racing to get client contracts rewr...
Jan 25, 2022
UiPath’s success fires up Romania’s unicorn dreams
By Luiza Ilie and Michael Kahn BUCHAREST/PRAGUE (Reuters) - When Romanian software maker UiPath achieved unicorn status as a billion-dollar company in March 2018, Sergiu Negut knew immediately that th...
Jan 25, 2022
Abu Dhabi’s Chimera closes second venture capital fund at $10 billion
By Yousef Saba DUBAI (Reuters) - Abu Dhabi investment firm Chimera Capital said on Tuesday it closed its second venture capital (VC) fund at $10 billion, as it looks to find multi-million dollar oppor...
Jan 25, 2022
Exclusive-Chinese fashion retailer SHEIN revives plan for New York listing in 2022-sources
By Kane Wu, Fanny Potkin and Scott Murdoch HONG KONG/SINGAPORE (Reuters) - Chinese fashion retailer SHEIN is reviving plans to list in New York this year and its founder is considering a citizenship c...
Jan 25, 2022
Remy Cointreau confident on profit outlook as Q3 sales beat estimates
By Dominique Vidalon PARIS (Reuters) -French spirits group Remy Cointreau beat third-quarter sales forecasts and said it was confident that demand for its premium cognac in China, the United States an...
Jan 25, 2022
Swatch Group returns to profit, sees strong sales ahead
ZURICH (Reuters) -Swiss watchmaker Swatch Group said it expected double-digit sales growth in local currencies this year after sales and profits recovered in 2021. It returned to a net profit of 774 m...
Jan 25, 2022
Ericsson profit beats as more countries roll out 5G
STOCKHOLM (Reuters) -Sweden's Ericsson on Tuesday reported fourth-quarter core earnings above market estimates, helped by higher sales of telecom gear as more countries roll out 5G networks offsetting...
Jan 25, 2022
THE CRYPTOVERSE-Teenage bitcoin throws an interest rate tantrum
By Lisa Pauline Mattackal and Medha Singh (Reuters) - Bitcoin is growing up. The original cryptocurrency turns 13 this year and is showing signs of becoming a more mature financial asset - but watch o...
Jan 25, 2022
Peoria, IL, USA
43 °F Thunderstorm In Vicinity, Light Rain, Mist
