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S&P says it believes China Evergrande default still ‘highly likely’
HONG KONG (Reuters) - S&P Global Ratings said on Thursday a default is still "highly likely" for China Evergrande Group despite its recent bond coupon payments because it has a bigger test in March an...
Syndicated Content Nov 18, 2021
Column: To exclude or not? Grain analyses evolve as China ups imports
By Karen Braun FORT COLLINS, Colo. (Reuters) - The practice of excluding China from global wheat and corn analyses has been increasingly prevalent in recent years because of the country's swelling sto...
Syndicated Content Nov 18, 2021
Deutsche Telekom prepares T-Systems sale – Manager Magazin
BERLIN (Reuters) - Deutsche Telekom is preparing to sell its troubled IT services unit, T-Systems, Manager Magazin reported on Thursday, citing people familiar with the matter. The company plans to st...
Syndicated Content Nov 18, 2021
Drugmaker Sanofi invests $180 million in French AI startup Owkin
By Mathieu Rosemain PARIS (Reuters) - Drugmaker Sanofi is investing $180 million in French startup Owkin, whose predictive algorithms aim to improve the research and development of new cures against c...
Syndicated Content Nov 18, 2021
Inflation fears but Turkey likely still in rate-cut mode
(Reuters) - A look at the day ahead from Sujata Rao. Those inflation fears just won't go away. European gas prices have resumed their climb and are up 60% so far in November, while Wednesday's data sh...
Syndicated Content Nov 18, 2021
A dovish rate hike? The case that loose Fed policy could backfire on jobs
By Howard Schneider WASHINGTON (Reuters) - The U.S. Federal Reserve for the past 20 months has put its monetary policy arsenal behind the single-minded goal of restoring U.S. employment particularly f...
Syndicated Content Nov 18, 2021
China has no plans to replace foreign technology, says foreign ministry
BEIJING (Reuters) - China has no plans to replace foreign technology, Chinese foreign ministry spokesman Zhao Lijian said on Thursday, in response to a media report which said China was accelerating e...
Syndicated Content Nov 18, 2021
India’s Paytm crashes in market debut, business model questioned
By Nupur Anand and Vishwadha Chander MUMBAI (Reuters) - Indian digital payments firm Paytm tumbled 26% on its maiden day of trade, with investors questioning its lack of profits and the lofty valuatio...
Syndicated Content Nov 18, 2021
Top steel firm China Baowu unveils global alliance in emissions effort
SHANGHAI (Reuters) - China Baowu Steel Group announced on Thursday the establishment of a global low-carbon metallurgical innovation alliance, in a bid to cut greenhouse emissions in the world's bigge...
Syndicated Content Nov 18, 2021
Royal Mail to return over $500 million to shareholders after strong H1
(Reuters) -Britain's Royal Mail said on Thursday it would return 400 million pounds ($539.84 million) to shareholders after the postal company forecast higher annual earnings in its UK business follow...
Syndicated Content Nov 18, 2021
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