Category Archives:
Germany faces slower growth and new spike in inflation, Bundesbank says
FRANKFURT (Reuters) - The German economy is likely to have grown less than expected this quarter and may face a new spike in inflation in September as government subsidies expire, the Bundesbank said ...
Jul 22, 2022
Nowhere to live: Rents in Canada surge as home prices fall
By Julie Gordon and Shreya Jain OTTAWA (Reuters) - Canadian home prices are dropping fast after surging during the coronavirus pandemic, but that is offering little relief for consumers who face sky-r...
Jul 22, 2022
Denmark’s decade-long experiment with negative rates seen ending soon
COPENHAGEN (Reuters) -Danish banks expect a decade-long experiment with negative interest rates to soon come to an end, after the country's central bank raised its key interest rate, sending it closer...
Jul 22, 2022
Russian-backed separatists in Ukraine block Google search engine
(Reuters) - Russian-backed separatists in a breakaway region of eastern Ukraine have blocked access to the search engine Google, their leader said on Friday, citing what he calls "disinformation". In ...
Jul 22, 2022
China will require online ride hailing firms to submit real-time data
BEIJING (Reuters) - China's transport ministry said on Friday that it will require online ride hailing firms to submit real-time data, the latest measure regulatory authorities have taken to strengthe...
Jul 22, 2022
Europe’s high-spending tourists set to lift French luxury sales in Q2
By Mimosa Spencer PARIS (Reuters) - Free-spending tourists in Europe are expected to drive brisk second quarter sales at French luxury groups LVMH, Gucci-owner Kering and Hermes, helping to offset the...
Jul 22, 2022
Despite Didi’s $1.2 billion fine, China tech’s regulatory woes may not be over
By Josh Ye, Eduardo Baptista and Yingzhi Yang HONG KONG/BEIJING (Reuters) - China's $1.2 billion fine on Didi Global draws a line under the ride hailing company's regulatory woes, but the retroactive ...
Jul 22, 2022
Kenya’s first female professional gamer fights to define herself on her terms
By Jefferson Kahinju NAIROBI (Reuters) - As the first Kenyan to be signed by top e-sports companies XiT Woundz and UYU, Sylvia Gathoni is used to vanquishing opponents with a combination of frenzied k...
Jul 22, 2022
Global brands are taking note of Africa’s music and talent
ABIDJAN, Ivory Coast (Reuters) - Global media and music brands are racing to claim a stake in Africa's music market as internet and smartphone penetration popularize artists and genres far beyond Afri...
Jul 22, 2022
Indonesia seeks to crack down on “unhealthy” peer-to-peer lenders
JAKARTA (Reuters) - Indonesia has launched a crackdown on peer-to-peer (P2P) lenders through a new regulation and capital requirements, in a move that industry sources say should help clean up a boomi...
Jul 22, 2022
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