Category Archives:
Global risks to keep BOJ from adjusting yield cap next year – ex-central bank executive
By Leika Kihara and Takahiko Wada TOKYO (Reuters) - Growing risks of a global economic slowdown will likely prevent the Bank of Japan (BOJ) from phasing out its stimulus programme, at least until 2024...
Nov 24, 2022
Amazon to shut down online learning academy in India
BENGALURU (Reuters) - Amazon.com Inc said on Thursday it would shut down its online learning platform for high-school students in India less than two years of its launch, without citing a reason. The ...
Nov 24, 2022
Binance’s Zhao flags possible $1 billion for distressed assets- Bloomberg News
(Reuters) - Cryptocurrency exchange Binance is aiming for a roughly $1 billion fund for the potential purchase of distressed assets in the digital sector, Bloomberg News reported on Thursday, citing a...
Nov 24, 2022
Swedish central bank raises policy rate to 2.5%, will keep hiking
STOCKHOLM (Reuters) - Sweden's central bank raised its key rate by three-quarters of a percentage point on Thursday to 2.5% and signalled it would tighten policy further next year. At the most recent ...
Nov 24, 2022
European shares struggle for direction as traders weigh rate outlook
(Reuters) - European stocks opened nearly flat on Thursday after minutes from the Federal Reserve's November meeting signalled a slowdown in its pace of interest rate hikes, with investors looking for...
Nov 24, 2022
Singapore’s gig workers to get work injury, pension coverage
By Chen Lin SINGAPORE (Reuters) - Singapore will extend work injury insurance and pension coverage to food delivery and ride-hailing workers under proposed legislative changes that it aims to implemen...
Nov 24, 2022
Mapfre offers one-time 400-euro bonus to employees to offset inflation
MADRID (Reuters) - Spanish insurer Mapfre will pay a one-time 400 euro ($417.32) bonus at Christmas to its approximately 10,000 employees in Spain to help them cope with soaring inflation. The company...
Nov 24, 2022
Philippines to cut tariffs on electric vehicles, parts
MANILA (Reuters) - A Philippine inter-agency panel chaired by President Ferdinand Marcos Jr on Thursday approved removing tariffs on electric vehicles (EVs) to spur demand amid high fuel costs. Marcos...
Nov 24, 2022
Analysis-Italy’s Meloni and the technocrats – a difficult power balance
By Giuseppe Fonte and Gavin Jones ROME (Reuters) - Having spent much of her career railing against bureaucrats and financial elites, Italy's new right-wing Prime Minister Giorgia Meloni now has to get...
Nov 24, 2022
Atlantia set to be delisted as buyout bid reaches 90% threshold
MILAN (Reuters) -A buyout offer launched by the Benetton family and U.S. investment fund Blackstone for Italy's Atlantia has reached the 90% threshold for the deal to proceed and trigger the company's...
Nov 24, 2022
Peoria, IL, USA
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