Category Archives:
Norway’s wealth fund posts $43.5 billion Q3 loss
(Corrects fund size to $1.15 trillion in 1st paragraph) OSLO (Reuters) - Norway's $1.15 trillion fund, the world's largest, posted a loss of 449 billion Norwegian crowns ($43.47 billion) in the third ...
Oct 28, 2022
ECB reaffirms rate hike plans even as recession looms large
By Balazs Koranyi FRANKFURT (Reuters) - European Central Bank policymakers stood firmly behind plans to keep raising interest rates even at a cost to economic growth, as data on Friday showed rising i...
Oct 28, 2022
Taiwan Q3 GDP grows faster than expected on lifting of COVID curbs
TAIPEI (Reuters) -Taiwan's economy grew much faster than expected in the third quarter and at its fastest pace since the last three months of 2021, boosted by a resumption in domestic demand following...
Oct 28, 2022
Japan cabinet approves spending package to ease inflation pain
TOKYO (Reuters) - Japan's government on Friday unveiled a new stimulus package with spending worth 39.0 trillion yen ($265 billion) that it said would boost gross domestic product (GDP) by around 4.6%...
Oct 28, 2022
Take Five: It’s rate-hike central
LONDON (Reuters) - It's rate-hike central with monetary policy meetings in the United States, Britain, Australia and Norway in the week ahead. Any signs that the pace of aggressive tightening among bi...
Oct 28, 2022
Aurubis says was target of cyberattack
BERLIN (Reuters) - Aurubis, Europe's biggest copper smelter, said there had been a cyberattack overnight that has forced it to shut down its IT systems and disconnect them from the internet. "The IT s...
Oct 28, 2022
German economy posts unexpected Q3 growth
BERLIN (Reuters) - The German economy grew unexpectedly in the third quarter, data showed on Friday, as Europe's largest economy staved off the threat of recession for now despite high inflation and c...
Oct 28, 2022
Telenor to provide support for customers of former Myanmar unit
OSLO (Reuters) - Norway's Telenor said on Friday it is exploring ways to provide support to Myanmar telecom users facing digital security risks after its exit from the Southeast Asian nation this year...
Oct 28, 2022
Xiaomi discontinues financial services business in India -TechCrunch
(Reuters) - Chinese smartphone maker Xiaomi Corp is winding down its financial services business in India, TechCrunch reported on Friday, citing sources familiar with the matter. The company recently ...
Oct 28, 2022
China expands list of sectors for foreign investment, focusing on manufacturing
BEIJING (Reuters) - China's state planner on Friday issued the 2022 list of sectors for foreign investment, which has been expanded to encourage foreign capital to flow into manufacturing sectors in a...
Oct 28, 2022
Peoria, IL, USA
54 °F Sunny
