Category Archives:
Marketmind: Earnings face the inflation test
A look at the day ahead from Danilo Masoni. After weeks of debate about the supposedly transitory nature of higher inflation and its potential monetary policy implications, markets are about to find o...
Oct 11, 2021
China rust-belt province warns of more power shortages in energy crisis
BEIJING (Reuters) - China's largest provincial economy in its northeast rust belt warned of worsening power shortages on Monday, despite government efforts to boost coal supply and manage electricity ...
Oct 11, 2021
EDF’s electric vehicle charging firm Pod Point plans London IPO
LONDON (Reuters) - Pod Point, which provides charging points for electric vehicles in Britain, said on Monday it plans to list on the London Stock Exchange. The company, majority owned by France's EDF...
Oct 11, 2021
KKR, Allianz, Axa to bid on Red Electrica’s fibre unit, Expansion says
MADRID (Reuters) - KKR, Axa and Allianz will participate in an auction for a 49% stake in the fibre-optic subsidiary of Spanish grid operator Red Electrica, newspaper Expansion reported on Monday, cit...
Oct 11, 2021
Beaches in southern California city to reopen after oil spill
(Reuters) - Beaches in a southern California city that were shut because of an oil spill last week are set to reopen on Monday morning, authorities said in a statement. City and state beaches of Hunti...
Oct 11, 2021
Harbin among first Chinese cities to announce steps to help property developers
BEIJING (Reuters) - Harbin has become one of the first cities in China to announce measures to support property developers and their projects, which have been shaken by the deepening debt crisis at pr...
Oct 11, 2021
Japan’s Kishida says tax aid to firms which raise wages a priority in wealth redistribution
TOKYO (Reuters) - Japanese Prime Minister Fumio Kishida said on Monday the government will prioritise tax reforms aimed at encouraging companies to raise wages to redistribute more wealth to household...
Oct 11, 2021
Lenovo stock drops 17% after withdrawing Shanghai listing application
SHANGHAI (Reuters) - Lenovo Group Ltd saw its stock fall more than 17% on Monday, its biggest intraday decline in over a decade, after the Chinese technology giant withdrew its application for a 10 bi...
Oct 11, 2021
United States has lost AI battle to China, Pentagon’s ex-software chief says
LONDON (Reuters) - The United States has already lost the artificial intelligence battle to China which is heading towards global dominance because of its advances in a emerging cyber capabilities, th...
Oct 11, 2021
Biden’s Treasury hobbled by Cruz’s nomination blocks over Nord Stream 2 -officials
By Andrea Shalal WASHINGTON (Reuters) - The U.S. Treasury is being held hostage by Republican Senator Ted Cruz's efforts to halt a Russia-to-Germany gas pipeline, blocking critical appointments when t...
Oct 11, 2021
Peoria, IL, USA
51 °F Thunderstorm In Vicinity, Mist
