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Allianz shares drop 7% as insurer faces U.S. probe into funds
FRANKFURT (Reuters) - Shares of Allianz declined 7% on Monday after the German insurer said the U.S. Department of Justice had begun an investigation into losses at its fund management division. The D...
Syndicated Content Aug 02, 2021
UK inflation to hit 3.9% in early 2022, NIESR forecasts
LONDON (Reuters) - British consumer price inflation will reach 3.9% early next year, almost double the Bank of England's target, but should fall back to 2% the year after if the BoE begins to raise in...
Syndicated Content Aug 02, 2021
Facebook’s Kustomer deal may hurt competition, EU regulators say
By Foo Yun Chee BRUSSELS (Reuters) -Facebook's acquisition of U.S. customer service startup Kustomer may hurt competition and boost its market power in online advertising, European Union antitrust reg...
Syndicated Content Aug 02, 2021
Greeks urged to use less power as worst heatwave in decades tests grid
ATHENS (Reuters) - Greek authorities urged citizens to conserve electricity as the worst heatwave in more than 30 years pushed the power system to its limits on Monday and wildfires continued to burn ...
Syndicated Content Aug 02, 2021
COVID vaccine or test mandated for New York transport workers-governor
(Reuters) - The Port Authority of New York and New Jersey and the Metropolitan Transportation Authority will require their workers to get the COVID-19 vaccine or get tested weekly, New York Governor A...
Syndicated Content Aug 02, 2021
China’s electric vehicle makers report strong July sales
(Reuters) - Electric vehicle sales at China's Li Auto and Xpeng Inc more than tripled in July from a year ago, while they doubled at Nio Inc, helped by robust demand for new energy automobiles in the ...
Syndicated Content Aug 02, 2021
U.S. manufacturing sector growth slowing-ISM
By Lucia Mutikani WASHINGTON (Reuters) - U.S. manufacturing continued to grow in July, though the pace slowed for the second straight month as spending rotates back to services from goods and shortage...
Syndicated Content Aug 02, 2021
Wildfires blaze on in drought-hit Turkey as criticism grows
By Mehmet Emin Caliskan MARMARIS, Turkey (Reuters) - Firefighters using planes and helicopters, and locals with buckets of water, battled wildfires raging for a sixth day near southern coastal resorts...
Syndicated Content Aug 02, 2021
India’s top carmaker sees hydrogen as ‘interesting alternative’
By Aditi Shah NEW DELHI (Reuters) - The use of hydrogen power for mobility is an "interesting alternative" for India, especially as it would reduce dependence on lithium imports, the chairman of Marut...
Syndicated Content Aug 02, 2021
For young fashionistas on Depop, everything old is new again
By Aleksandra Michalska NEW YORK (Reuters) - If finding new uses for old stuff is one of the core tenets of a sustainable business, some young influencers are taking that idea to the bank - by giving ...
Syndicated Content Aug 02, 2021

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