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France’s Amundi reports $8.5 billion in net inflows in second quarter
PARIS (Reuters) - French asset manager Amundi reported on Friday 7.2 billion euros ($8.55 billion) in net inflows in the second quarter, saying investors' appetite for more risky assets such as equity...
Syndicated Content Jul 30, 2021
BNP Paribas posts a profit rise on retail rebound and lower provisions
PARIS (Reuters) - French bank BNP Paribas reported a 26.6% rise in net income in the second quarter, spurred by a rebound of French retail banking activity and as provisions for bad loans dropped back...
Syndicated Content Jul 30, 2021
Explainer: Major Ethereum upgrade set to alter supply, fix transaction fees
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Ethereum, the second-largest blockchain network, is about to undergo a technical adjustment that will significantly alter the way transactions are proc...
Syndicated Content Jul 30, 2021
Debt-laden China Evergrande hit by lawsuit over late construction payment
HONG KONG (Reuters) - China's Huaibei Mining Holdings said its construction unit is suing Evergrande Group, the country's most indebted property developer, over an overdue 400 million yuan ($62 millio...
Syndicated Content Jul 29, 2021
China asks trust firms to clean up non-finance units and businesses
BEIJING (Reuters) - China's banking and insurance regulator issued rules on Friday requiring the country's trust firms to clean up their non-finance subsidiaries and businesses. The rules, aimed at cu...
Syndicated Content Jul 29, 2021
Analysis-Why TV audiences are tuning out the Tokyo Olympic Games
By Helen Coster (Reuters) - Broadcasters will not be taking home any gold medals for how many people have watched the Tokyo Olympic Games so far. In several major markets around the world, the TV audi...
Syndicated Content Jul 29, 2021
TSMC reports gas contamination at key chip plant which supplies Apple – Nikkei
(Reuters) -Taiwan Semiconductor Manufacturing Co's key plant that makes processors for Apple Inc was hit with a contamination of gas used in the chipmaking process, Nikkei reported on Friday. "As of n...
Syndicated Content Jul 29, 2021
Google says Microsoft balking at turning over documents in antitrust fight
WASHINGTON (Reuters) - Alphabet's Google has asked a judge hearing the Justice Department's antitrust lawsuit against the search and advertising giant to compel Microsoft to turn over documents, sayin...
Syndicated Content Jul 29, 2021
China July factory activity seen growing at a slightly slower pace: Reuters poll
BEIJING (Reuters) - China's factory activity likely expanded slightly less quickly in July, a Reuters poll showed on Friday, as the industrial sector's impressive recovery slowed on high raw material ...
Syndicated Content Jul 29, 2021
North Korea’s economy shrank most in 23 years amid COVID-19, sanctions – South Korea central bank
By Joori Roh SEOUL (Reuters) - North Korea's economy suffered its biggest contraction in 23 years in 2020 as it was battered by continued U.N. sanctions, COVID-19 lockdown measures and bad weather, So...
Syndicated Content Jul 29, 2021
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