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U.S. bond funds see lowest weekly inflow in 2-1/2 months on inflation fears, Lipper says
(Reuters) - Money inflows into U.S. bond funds dropped in the week to Oct. 6 as a surge in energy prices drove inflationary pressures, with worries over the U.S. debt ceiling capping inflows for short...
Syndicated Content Oct 08, 2021
India’s TCS posts 29% jump in profit on pandemic-led digitisation demand
BENGALURU (Reuters) - India's top software exporter Tata Consultancy Services Ltd reported about 29% jump in quarterly profit on Friday, boosted by a pandemic-led demand for digitisation from business...
Syndicated Content Oct 08, 2021
U.S. fed funds futures fully price in rate hike by December 2022 after payrolls
NEW YORK (Reuters) - Futures on the federal funds rate, which track short-term interest rate expectations, on Friday has priced in a quarter-point tightening by the Federal Reserve either by November ...
Syndicated Content Oct 08, 2021
New rules needed to cover risks from cloud computing, says Bank of England
By Huw Jones LONDON (Reuters) - New rules will be needed to deal with operational risks from banks relying on outsourced 'cloud' computing from Amazon, Google, Microsoft and others for providing servi...
Syndicated Content Oct 08, 2021
Spain’s Aena opens bidding for new Madrid airport logistics hub
By Clara-Laeila Laudette MADRID (Reuters) - Spain's Aena kicked off the bidding on Friday for a 28-hectare plot near Madrid-Barajas where the airport operator plans to build a mega-hub for air and gro...
Syndicated Content Oct 08, 2021
La Palma volcanic ash cloud disrupts Tenerife flights
LA PALMA (Reuters) - Ash cloud from the Cumbre Vieja volcano on Spain's La Palma disrupted air traffic on the neighbouring island of Tenerife, airport operator Aena said on Friday, a day after it clos...
Syndicated Content Oct 08, 2021
Chip crisis hits Stellantis’ Italy output more than COVID did, union says
MILAN (Reuters) - The impact from a global semiconductor shortage on Stellantis' Italian car production this year will be worse and longer-lasting than the damage to output caused by the COVID-19 pand...
Syndicated Content Oct 08, 2021
Tata to pay $2.4 billion to regain control of troubled Air India
By Aftab Ahmed NEW DELHI (Reuters) -Tata Sons will take charge of Air India after a winning bid of $2.4 billion, including equity and debt, the government said on Friday, marking the end of years of s...
Syndicated Content Oct 08, 2021
Singapore-based Shopee to launch online in Spain, social media account says
By Fanny Potkin SINGAPORE (Reuters) - Shopee, the e-commerce arm of Southeast Asia's Sea Ltd, plans to launch online sales in Spain via its website and local apps, according to a social media account ...
Syndicated Content Oct 08, 2021
Analysis-Europe’s record IPO year has a sting in its tail
By Abhinav Ramnarayan and Oliver Hirt LONDON (Reuters) - Europe's record year for initial public offerings (IPOs) is threatening to come to a juddering halt as inflation fears and concerns over a prop...
Syndicated Content Oct 08, 2021
Peoria, IL, USA
47 °F Mist
