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Deutsche Bank vows vigorous defence in lawsuit by Spanish hotel group
FRANKFURT (Reuters) - Deutsche Bank said on Wednesday that it would vigorously defend itself against a lawsuit by a Spanish hotel group claiming losses on derivatives products. The statement is in res...
Syndicated Content Oct 13, 2021
Exclusive: China readies plan to elevate status of antitrust unit – sources
BEIJING (Reuters) - China is considering boosting the status of its antitrust bureau within the market regulatory agency as it steps up a campaign against anti-competitive behaviour, two people famili...
Syndicated Content Oct 13, 2021
European stocks extend losses, SAP shines after forecast lift
(Reuters) - European stocks extended losses on Wednesday as investors were unnerved by the prospect of rising inflation slowing growth, while software group SAP's strong earnings forecast helped limit...
Syndicated Content Oct 13, 2021
LVMH shares flat after its Q3 revenues
PARIS (Reuters) - Shares in LVMH were flat in early trading on Wednesday after the French luxury giant posted a strong rise in sales in its fashion and leather goods division in the third quarter. LVM...
Syndicated Content Oct 13, 2021
Prony Resources says Tesla has agreed to a multi-year nickel purchasing deal
By Melanie Burton MELBOURNE (Reuters) - New Caledonia's Prony Resources said on Wednesday Tesla Inc had agreed to purchase more than 42,000 tonnes of nickel in a multi-year deal - a pact that is set t...
Syndicated Content Oct 13, 2021
Nestle revamps geographic structure, makes new board appointments
ZURICH (Reuters) - Nestle is overhauling its geographic structure, the world's largest food company said on Wednesday, creating new zones for North America and for Greater China. The maker of Nescafe ...
Syndicated Content Oct 13, 2021
Marketmind: Stagflation blues
A look at the day ahead from Saikat Chatterjee. Even by the conservative standards of global organisations, the International Monetary Fund is known for its cautious forecasts. So, when the Fund cut 2...
Syndicated Content Oct 13, 2021
Asia’s airlines ramp up flights, offers as tough COVID travel curbs ease
By Jamie Freed and Aradhana Aravindan SYDNEY/SINGAPORE (Reuters) - Asia-Pacific airlines have lost billions of dollars this year, with jets grounded in COVID-19 transportation freezes. Now, as some of...
Syndicated Content Oct 13, 2021
Philippines tells tech giants to halt sales of ‘text blast’ kit after election plug
MANILA (Reuters) - The Philippines has ordered tech giants Facebook, Alibaba Lazada and Sea's Shopee to stop allowing sales of cellular equipment used for emergency messaging, after "text blasts" were...
Syndicated Content Oct 13, 2021
Don’t panic buy for Christmas, Britain says after port chaos
By Sarah Young and Guy Faulconbridge LONDON (Reuters) -Britain said on Wednesday that people should buy normally for Christmas and that there would be no shortage of gifts after shipping containers ca...
Syndicated Content Oct 13, 2021
Peoria, IL, USA
43 °F Thunderstorm In Vicinity, Light Rain, Mist
