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Global bond funds see first weekly outflow in seven months, Lipper data shows
(Reuters) - Global bond funds faced their first weekly outflow in seven months in the week to Oct. 13, due to worries that higher inflation levels would prompt central banks to roll back their crisis-...
Syndicated Content Oct 15, 2021
Exclusive-How the illicit copper trade is sapping South Africa
By Zandi Shabalala (Reuters) - South Africa's economic woes are being compounded by the theft of massive amounts of copper from state firms Eskom and Transnet, much of which is smuggled overseas, cost...
Syndicated Content Oct 15, 2021
China to encourage development of pensions, insurance for delivery sector
BEIJING (Reuters) - China's top banking and insurance regulator said it would encourage insurers to accelerate the development of commercial pension products and accident insurance for gig-economy wor...
Syndicated Content Oct 15, 2021
U.S. banks see wealth management boom on borrowing, new assets
By Elizabeth Dilts Marshall NEW YORK (Reuters) - Big U.S. banks' wealth management businesses put in another stellar performance in the third quarter, buoyed by record levels of new money flowing into...
Syndicated Content Oct 15, 2021
Aviation supply chain faces mounting strain as demand picks up
By Allison Lampert and Rajesh Kumar Singh LAS VEGAS/CHICAGO (Reuters) - Global shipping and supply chain disruptions are making it harder for corporate planemakers and suppliers to meet resurgent dema...
Syndicated Content Oct 15, 2021
VW’s 9-month electric vehicle deliveries to China more than triple
FRANKFURT (Reuters) - Volkswagen's deliveries of battery-powered electric vehicles to China more than tripled in the first nine months of the year, the carmaker said on Friday, less than two months af...
Syndicated Content Oct 15, 2021
French group Bollore considering selling African logistics divisions -Le Monde
PARIS (Reuters) -French conglomerate Bollore, owned by billionaire Vincent Bollore's family, is considering selling its African logistics divisions, French daily Le Monde reported on Friday. Investmen...
Syndicated Content Oct 15, 2021
Chair of UK markets watchdog to step down early
LONDON (Reuters) - Charles Randell, chair of Britain's Financial Conduct Authority (FCA), said on Friday he would leave the watchdog next spring, a year short of his five-year term after helping marke...
Syndicated Content Oct 15, 2021
China’s central bank lists 19 systemically important banks
BEIJING (Reuters) - China's central bank on Friday unveiled a list of 19 banks it identified as systemically important. The People's Bank of China (PBOC) identified six state-owned commercial banks, n...
Syndicated Content Oct 15, 2021
South African inflation risks skewed to upside in coming months: Reuters poll
By Vuyani Ndaba JOHANNESBURG (Reuters) - An upside risk for inflation in the coming months will likely lead South Africa's Reserve Bank to hike rates by 75 basis points to 4.25% next year to keep cons...
Syndicated Content Oct 15, 2021
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