Category Archives:
Philippine senate passes bill to allow foreign control of telcos, airlines
MANILA (Reuters) - Philippine senators on Wednesday approved a bill that will allow full foreign ownership of public services like telecommunications, airlines and domestic shipping firms. The Southea...
Dec 15, 2021
Singapore Airlines in provisional deal to buy seven A350 freighters
(Reuters) - Singapore Airlines Ltd said on Wednesday it had signed a provisional agreement to buy seven Airbus SE A350 freighters in a deal that would make it the first airline to operate the new mode...
Dec 15, 2021
Spain November inflation remains at 29-year high, pushed by food and fuel costs
(Reuters) - Spain's inflation remained at a 29-year-high in November for the second month in a row, propelled by food and fuel prices, final monthly data from the National Statistics Institute (INE) s...
Dec 15, 2021
European shares inch higher as investors eye major Fed policy outcome
(Reuters) - European shares inched higher on Wednesday ahead of the U.S. Federal Reserve's policy decision that is likely to signal a quicker withdrawal of its pandemic stimulus measures to counter br...
Dec 15, 2021
China EV, battery makers grapple with graphite squeeze
(Reuters) - As they scour the globe for the lithium, nickel and cobalt resources needed to keep China on top in the electric vehicle (EV) stakes, Chinese battery and EV makers are fretting about suppl...
Dec 15, 2021
Cineworld shares plunge after $957 million damage ruling on aborted Cineplex deal
(Reuters) - Shares in Cineworld Group sank nearly 40% on Wednesday after a Canadian court asked the British cinema operator to pay C$1.23 billion ($957 million) to rival Cineplex as damages for abando...
Dec 15, 2021
BA owner IAG set to cancel Air Europa takeover
(Reuters) -British Airways and Iberia owner IAG is set to cancel its acquisition of rival Air Europa from privately held Spanish company Globalia, the group said on Wednesday. "International Airlines ...
Dec 15, 2021
JPMorgan raises China Q4 and 2022 GDP forecast
LONDON (Reuters) - JPMorgan raised its forecast for fourth quarter and full year 2022 China GDP on Wednesday, following November data confirming some positive trends from numbers in October. The bank ...
Dec 15, 2021
Offshore bondholders in troubled Chinese developer Kaisa seek to buy onshore bad loans – sources
HONG KONG (Reuters) - A group of holders of offshore bonds issued by debt-laden Chinese developer Kaisa Group Holdings Ltd agreed to set aside up to $1 billion to buy bad loans from the firm's onshore...
Dec 15, 2021
Japan lower house passes record extra budget to prop COVID-hit economy
TOKYO (Reuters) - Japan's lower house of parliament on Wednesday passed the government's biggest-ever extra budget worth $316 billion as it looks to spur a recovery from COVID-19 pandemic. The first e...
Dec 15, 2021
Peoria, IL, USA
67 °F Partly cloudy
