Category Archives:
Softbank Group shares slide 3% after Didi, Arm, Grab triple setback
HONG KONG (Reuters) - Shares in Japanese conglomerate SoftBank Group Corp dropped over 3% on Friday after the giant tech investor was hit with three disappointments within 24 hours, including a poor N...
Dec 02, 2021
Didi Global’s short-lived journey as a U.S.-listed company
By Kane Wu HONG KONG (Reuters) - Didi Global said on Friday it will delist from the New York stock exchange and pursue a listing in Hong Kong, the latest development after it ran afoul of Chinese regu...
Dec 02, 2021
China releases five-year green development plan for industrial sectors
BEIJING (Reuters) - China's industry ministry on Friday unveiled a five-year plan aimed at the green development of its industrial sectors, vowing to lower carbon emissions and pollutants and to promo...
Dec 02, 2021
Omicron may throw wrench in companies’ plans to return to office
By Ben Klayman (Reuters) - Company executives are beginning to consider different permanent work models for their employees as the coronavirus pandemic, and the spread of the Omicron variant, destabil...
Dec 02, 2021
Omicron threatens to stoke U.S. inflation, top Fed official warns – FT
(Reuters) - Top Federal Reserve official Loretta Mester has warned that the Omicron coronavirus variant threatens to fuel soaring inflation in the United States by further pressuring supply chains and...
Dec 02, 2021
U.S. job growth likely picked up; unemployment rate seen at 20-month low
By Lucia Mutikani WASHINGTON (Reuters) - U.S. employers likely stepped up hiring in November as they scrambled to meet strong demand for goods and services, giving the economy a strong boost as anothe...
Dec 02, 2021
Japan’s Q3 GDP slump seen slightly bigger than expected on soft capex: Reuters poll
By Kantaro Komiya TOKYO (Reuters) - Japan's economy likely contracted at a faster-than-expected pace in the July-September quarter, a Reuters poll showed on Friday, as capital spending stalled among c...
Dec 02, 2021
Reaction to Didi Global’s plans to delist from New York
(Reuters) - Following are reactions to ride-hailing giant Didi Global's decision to delist from the New York stock exchange and pursue a listing in Hong Kong, succumbing to pressure from Chinese regul...
Dec 02, 2021
China regulator says more testing needed to certify C919 aircraft
BEIJING/SYDNEY (Reuters) - China's aviation regulator said on Friday that there is still a huge amount of testing to be done for the home-grown narrowbody C919 aircraft to be certified, raising doubt ...
Dec 02, 2021
Japan budget guideline draft urges ‘all possible measures’ to tackle crisis
By Tetsushi Kajimoto and Kaori Kaneko TOKYO (Reuters) - Japan must deploy fiscal stimulus without hesitation in response to the economic crisis and prioritise efforts to shore up the economy over fixi...
Dec 02, 2021
Peoria, IL, USA
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