Category Archives:
Thai central bank hikes rate again, maintains 2022 growth outlook
BANGKOK (Reuters) - Thailand's central bank raised its key interest rate modestly for a second straight meeting on Wednesday to tame 14-year high inflation and ensure a continued economic recovery, wh...
Sep 28, 2022
Porsche’s blockbuster IPO is no ‘gamechanger’ for Europe’s battered markets
By Lucy Raitano and Andres Gonzalez LONDON (Reuters) - Porsche's landmark listing is defying market turmoil giving a welcome boost to a battered pipeline of share sales but the deal is unlikely to ope...
Sep 28, 2022
Column-Next solar expansion drive needs to hit higher potential markets: Maguire
By Gavin Maguire LITTLETON, Colo. (Reuters) - Solar power has outpaced wind power over the last five years in terms of global capacity additions, notching up a more than 200% increase in worldwide gen...
Sep 28, 2022
European stock index futures fall on mounting recession worries
(Reuters) - European stock index futures fell on Wednesday, in line with a sell-off in Asian markets, as a relentless surge in global bond yields and an intensifying energy crisis in the region fuelle...
Sep 28, 2022
China real estate shares, bonds slump on report of CIFI default
SHANGHAI (Reuters) - Investors dumped shares and bonds of Chinese property developers on Wednesday, after a media report that CIFI Holdings (Group) Co had defaulted, adding to worries over the crisis-...
Sep 28, 2022
Britain’s Boohoo cuts outlook as consumers rein in spending
LONDON (Reuters) - British online fashion retailer Boohoo on Wednesday cut its full-year outlook, blaming a worsening macro-economic and consumer backdrop as it reported a 58% fall in first-half core ...
Sep 28, 2022
CIFI Holdings says it is seeking solutions after news of missed payment
SHANGHAI (Reuters) - Chinese real estate developer CIFI Holdings (Group) said the company is in active communication with financial institutions and seeking solutions, in response to news of missed de...
Sep 28, 2022
Millions urged to evacuate as Florida Gulf Coast braces for Hurricane Ian
By Brad Brooks SARASOTA, Fla. (Reuters) - Florida Gulf Coast residents emptied grocery shelves, boarded up windows and fled to evacuation shelters as Hurricane Ian churned closer on Wednesday, lashing...
Sep 28, 2022
Column-Sterling needs the kindness of reserve managers :Mike Dolan
By Mike Dolan LONDON (Reuters) - Perhaps remarkably, some of the world's major economies still hold at least part of their rainy-day savings in sterling and British government bonds - raising question...
Sep 28, 2022
Designer Daniel Lee replaces Riccardo Tisci at Burberry
LONDON (Reuters) -Burberry Group has appointed Daniel Lee as its new chief creative officer, replacing Riccardo Tisci, who is stepping down after presenting his final runway show for the British luxur...
Sep 28, 2022
Peoria, IL, USA
40 °F Sunny
