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European stocks inch up as tech gains offset losses in Ericsson
(Reuters) - European stocks inched higher on Tuesday as technology shares rose, mirroring overnight gains in their Wall Street peers and offsetting losses in Sweden's Ericsson and healthcare companies...
Syndicated Content Oct 19, 2021
BofA trims China’s growth forecast again as power crunch bites
(Reuters) - Bank of America slashed its outlook on China's economic growth for the second time in as many months on Tuesday, citing delays in major policy support from the central bank after an energy...
Syndicated Content Oct 19, 2021
Bank of France head does not expect Evergrande contagion
LONDON (Reuters) - Francois Villeroy de Galhau, head of the Bank of France and a member of the European Central Bank (ECB), on Tuesday played down concerns that problems for China Evergrande Group cou...
Syndicated Content Oct 19, 2021
Chip constraints to stretch into 2022, says French car sector body
PARIS (Reuters) - Problems over semi-conductor supplies could still affect the car industry for a good part of 2022, the head of French car sector body PFA said on Tuesday. "We are in a long-term cris...
Syndicated Content Oct 19, 2021
China industry ministry expects auto chips shortage to ease in Q4
SHANGHAI (Reuters) - China's industry ministry expects the chips shortage that has impacted the automotive sector will ease in the fourth quarter of this year, a government official said on Tuesday. L...
Syndicated Content Oct 19, 2021
East European designers sashay onto the catwalks of high fashion
By Michael Kahn and Silvia Recchimuzzi PRAGUE/GDANSK (Reuters) - With celebrities such as Rihanna, Justin Bieber and Billie Eilish wearing its designs, Hungarian fashion house Nanushka has stardust ma...
Syndicated Content Oct 19, 2021
Africa calls for climate finance tracker after donors fall short
By Alessandra Prentice LIBREVILLE (Reuters) - African countries want a new system to track funding from wealthy nations that are failing to meet a $100-billion annual target to help the developing wor...
Syndicated Content Oct 19, 2021
Indian fintech firm CRED valued at $4 billion in new funding round
BENGALURU (Reuters) -India's CRED said on Tuesday it had raised $251 million in a new funding round led by existing investors and private equity firms Tiger Global and Falconedge, valuing the fintech ...
Syndicated Content Oct 19, 2021
Bitcoin nears record high ahead of futures ETF listing
SINGAPORE (Reuters) - Bitcoin hit a six-month high and was within striking distance of a record on Tuesday as traders bet an anticipated listing of a futures-based U.S. exchange traded fund could hera...
Syndicated Content Oct 19, 2021
Marketmind: Fast and furious
A look at the day ahead from Sujata Rao It took two weeks for UK money markets to go from expecting no interest rate rises this year to betting on a cumulative 35 basis-point moves in November and Dec...
Syndicated Content Oct 19, 2021
Peoria, IL, USA
42 °F Mist
