Category Archives:
India considering foreign institutional investment of up to 20% in LIC IPO- source
NEW DELHI (Reuters) - Indian government is considering allowing foreign institutional investment of up to 20% in Life Insurance Corporation, according to a government source. The listing of LIC is set...
Sep 08, 2021
JPMorgan to buy majority stake in Volkswagen’s payments business
By Iain Withers LONDON (Reuters) - JPMorgan has struck a deal to buy a majority stake in German car giant Volkswagen's payments business ahead of a planned rollout of in-car technology that allows dri...
Sep 08, 2021
Carlyle leads $312 million funding round for Japanese unicorn Spiber
By Makiko Yamazaki and Yuki Nitta TOKYO (Reuters) - Global private equity firm Carlyle said on Wednesday it led a $312 million funding round for Japanese biotech company Spiber Inc, joining other glob...
Sep 08, 2021
China says private tutors will not be able to offer classes online
SHANGHAI (Reuters) - China's education ministry said on Wednesday that private tutors will be barred from offering courses online via avenues such as instant messaging services or livestreaming platfo...
Sep 08, 2021
Deutsche Bank CEO says not on hunt for M&A
FRANKFURT (Reuters) - Deutsche Bank Chief Executive Officer Christian Sewing said on Wednesday that the German lender wasn't on the hunt for a potential merger partner. "We have to finish the homework...
Sep 08, 2021
India’s economic growth will remain strong in coming quarters, S&P says
NEW DELHI (Reuters) - India's economic growth will remain strong in the coming quarters while inflation in Asia's third largest economy is likely to remain at elevated levels, analysts at Standard and...
Sep 08, 2021
Inflation could prompt ECB to tighten policy quicker, Holzmann says
FRANKFURT (Reuters) -The European Central Bank could tighten policy sooner than many expect as inflationary pressures could prove to be persistent, ECB policymaker Robert Holzmann said in a contributi...
Sep 08, 2021
European stocks fall 1% on growth worries
(Reuters) - European stocks fell on Wednesday as worries about slowing global growth weighed on sentiment, while investors looked ahead to a European Central Bank meeting for hints on tapering plans. ...
Sep 08, 2021
Euro zone banks face further rise in soured loans -ECB
FRANKFURT (Reuters) - Euro zone banks are set to face a further deterioration of their loan book and many lenders have failed to adjust their credit control norms to acknowledge the unique nature of t...
Sep 08, 2021
China’s ‘quant’ funds curb growth as regulator flags risks
SHANGHAI (Reuters) - Tianyan Capital has become the latest hedge fund manager in China to limit the size of its quantitative investment business, after the main securities regulator advised bourses to...
Sep 08, 2021
Peoria, IL, USA
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