Category Archives:
Allianz gets approval for first wholly foreign owned insurance asset management firm in China
HONG KONG (Reuters) - Allianz said on Friday that its local Chinese asset management unit had received regulatory approval and would be the first wholly foreign-owned insurance asset management compan...
Jul 30, 2021
Euro zone pulls more strongly than expected from recession
BRUSSELS (Reuters) - The euro zone economy grew more strongly than expected in the second quarter as the bloc rebounded from a recession caused by the COVID-19 pandemic, preliminary data showed on Fri...
Jul 30, 2021
Euro zone inflation rises above ECB target
FRANKFURT (Reuters) - Euro zone inflation rose faster than expected this month, moving decisively past the European Central Bank's 2% target with much of this year's surge still to come. Inflation in ...
Jul 30, 2021
European shares slide from peak as Asian worries sour mood
(Reuters) - European stocks fell from record highs on Friday as concerns about the fast-spreading Delta variant and regulatory actions in China outweighed optimism around quarterly earnings season and...
Jul 30, 2021
China watchdog says to continue with efforts to expand access for foreign investors
BEIJING (Reuters) - China's banking and insurance watchdog said it would seek to stabilise the expectations of foreign investors by continuing with efforts to implement policies designed to expand the...
Jul 30, 2021
China will maintain stable macro polices in H2 to ensure growth
BEIJING (Reuters) - China's politburo, the country's top decision-making body, said on Friday it would maintain the stability, continuity and sustainability of its macro policies in the second half an...
Jul 30, 2021
UK’s Deliveroo mulls ending Spain operations on high costs
(Reuters) -Deliveroo is considering ending services in Spain due to high costs associated with running operations in the country to focus on other markets and expand in new and existing cities, the fo...
Jul 30, 2021
Construction comeback sets Vinci on road to recovery
By Sarah Morland (Reuters) - France's Vinci raised its 2021 outlook on Friday, saying sales and profit margins at its energy and construction businesses should exceed pre-pandemic levels after a stron...
Jul 30, 2021
Column: Inflation angst but markets fear ‘hawkish error’
By Mike Dolan LONDON (Reuters) - Inflation is rising everywhere - but bond investors now appear more worried about central banks overreacting than being asleep at the wheel. Whether the current spike ...
Jul 30, 2021
Germany’s economy expands less than expected in second quarter
BERLIN (Reuters) - The German economy returned to growth in the second quarter but bounced back less strongly than expected amid supply chain bottlenecks that are hitting industry, data showed on Frid...
Jul 30, 2021
Peoria, IL, USA
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