Category Archives:
Exclusive-Barclays turbocharges 2030 sustainable finance target to $1 trln
By Simon Jessop and Lawrence White LONDON (Reuters) - British investment bank Barclays has increased its sustainable and transition finance target to $1 trillion by 2030 as part of efforts to accelera...
Dec 14, 2022
HSBC to stop funding new oil and gas fields
By Lawrence White LONDON (Reuters) - HSBC will no longer provide new lending or capital markets finance for new oil and gas fields, the British bank said on Wednesday, as part of a wider update to its...
Dec 14, 2022
Volkswagen replaces chief designer with Porsche hire – Handelsblatt
BERLIN (Reuters) - Volkswagen has fired chief designer Klaus Zyciora and is bringing in Porsche chief designer Michael Mauer from Jan. 1, business daily Handelsblatt reported on Wednesday. (Writing by...
Dec 14, 2022
Binance CEO says deposits returning to exchange
SINGAPORE (Reuters) - Deposits are returning and "things seem to have stabilised" at Binance, its chief executive said on Wednesday, a day after it had a sharp increase in withdrawals and paused some ...
Dec 14, 2022
TUI swings to a profit on travel recovery
LONDON (Reuters) - TUI, the world's largest holiday company, swung to a profit for its last financial year, showing its recovery after two years of pandemic losses. TUI, which operates holidays, hotel...
Dec 14, 2022
UK inflation falls to 10.7% in November
LONDON (Reuters) - Britain's annual rate of consumer price inflation fell more sharply than expected in November to 10.7%, slipping from October's 41-year high of 11.1%, official figures showed on Wed...
Dec 14, 2022
Analysis-Bludgeoned bond markets hope peak inflation will bring revival in 2023
By Dhara Ranasinghe, Davide Barbuscia and Yoruk Bahceli (Reuters) - Many of the world's big bond fund managers, from BlackRock to Vanguard, are optimistic that sovereign debt markets have turned a cor...
Dec 14, 2022
China fuel demand outlook brightens as road, air traffic jumps after COVID curbs ease
By Muyu Xu SINGAPORE (Reuters) - Road and air traffic in China, the world's second-biggest oil consumer, has rebounded sharply after a significant easing in the country's COVID-19 restrictions, boosti...
Dec 14, 2022
U.S. lawmakers introduce bill to restrict Huawei’s access to banks
(Reuters) - U.S. lawmakers have introduced a bipartisan bill to sanction Chinese tech company Huawei Technologies Ltd and Chinese 5G companies, restricting them from accessing U.S. banks. The bill, in...
Dec 14, 2022
India’s November WPI inflation eases to 5.85% y/y
NEW DELHI (Reuters) - India's annual wholesale price-based inflation (WPI) eased in November to 5.85% year-on-year, as food prices moderated, government data showed on Wednesday. The reading was lower...
Dec 14, 2022
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