Category Archives:
ECB’s Villeroy: We are “probably” close to inflation peak
PARIS (Reuters) - ECB policymaker and French central bank head Francois Villeroy de Galhau said on Friday that inflation was "probably" close its peak in the Euro zone. "We are converging towards our ...
Dec 17, 2021
Bundesbank forecasts growth blip, inflation above ECB target for years
FRANKFURT (Reuters) - Supply chain bottlenecks and new restrictions related to the COVID-19 pandemic will stall growth in Germany around the turn of the year, delaying the recovery of Europe's biggest...
Dec 17, 2021
HSBC fined $85 million for anti-money laundering failings
LONDON (Reuters) -Britain's financial regulator said on Friday that it had fined HSBC 63.95 million pounds ($85.16 million) for failings in its anti-money laundering processes. The Financial Conduct A...
Dec 17, 2021
UK retailers enjoy strong sales growth in November
By David Milliken LONDON (Reuters) -British retail sales rose more strongly than expected last month, helped by Black Friday discounts, early Christmas shopping and an absence of lockdown restrictions...
Dec 17, 2021
Downward spiral of new car registrations in Europe slows – ACEA
BERLIN (Reuters) - The downward spiral of new car registrations in Europe since July is easing, industry data showed on Friday, with the number of new vehicles registered in November down 17.5% compar...
Dec 17, 2021
Stellantis reshuffles European financing operations through new JVs with banks
MILAN (Reuters) - Stellantis said on Friday it had entered exclusive talks with BNP Paribas, Credit Agricole and Santander as it seeks to overhaul its financing operations in Europe through new partne...
Dec 17, 2021
Batteries included? Northvolt goes all out to meet 2021 launch goal
By Helena Soderpalm and Supantha Mukherjee STOCKHOLM (Reuters) - Northvolt Chief Executive Peter Carlsson wants to take on his old boss Elon Musk with the greenest electric vehicle batteries in the wo...
Dec 17, 2021
Malaysia’s Supermax to spend $350 million for first U.S. facility amid import ban
KUALA LUMPUR (Reuters) -Malaysian glove maker Supermax Corp said on Friday it would invest $350 million to start building its first manufacturing facility in the United States, despite an ongoing ban ...
Dec 17, 2021
China to amend laws to allow ride-hailing drivers and food delivery workers to form unions
BEIJING (Reuters) - China plans to amend laws to allow ride-hailing drivers and food delivery workers to form unions, state media reported on Friday. China will review the amendment on the union law f...
Dec 17, 2021
China’s Alibaba sets $100 billion target for Southeast Asian e-commerce division
SHANGHAI (Reuters) - Chinese e-commerce giant Alibaba has set a target for gross merchandise volume of $100 billion in gross merchandise volume (GMV), the total sum of purchasing transactions, for its...
Dec 17, 2021
Peoria, IL, USA
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