Category Archives:
China urges U.S. to stop official interaction with Taiwan
BEIJING (Reuters) - China's foreign ministry said on Wednesday that a visit to Taiwan by a U.S. congressional delegation violates the One China policy, and that the United States must immediately stop...
Nov 10, 2021
China import fair sees $70.72 billion worth of ‘intentional’ deals signed
SHANGHAI (Reuters) - The fourth China International Import Expo (CIIE) saw $70.62 billion worth of "intentional" deals signed, down 2.6% from last year, state broadcaster CCTV said, citing an organise...
Nov 10, 2021
Turkish unemployment dips to 11.5%, underutilisation edges up
ISTANBUL (Reuters) - Turkey's unemployment rate declined to 11.5% in September, from 11.8% a month earlier, while a seasonally adjusted measure of labour underutilisation rose to 21.9% from 21.7%, acc...
Nov 10, 2021
Analysis-Caveat emptor: Chile stocks look cheap, but political risk is rising
By Rodrigo Campos NEW YORK (Reuters) - Chile's market darling status is threatened by its economic and political outlook, but investors see an opportunity as the South American country heads into a pr...
Nov 10, 2021
Britain’s M&S raises turnaround hopes with profit beat and upgrade
LONDON (Reuters) - British retailer Marks & Spencer on Wednesday beat forecasts for first-half profit and raised its full-year outlook, adding to evidence that its latest attempt at an elusive turnaro...
Nov 10, 2021
Train maker Alstom’s cash outflow smaller-than-expected
(Reuters) - Alstom on Wednesday reported a smaller-than-expected cash outflow for the first half of its financial year, as it integrates projects the French company took over from the rail unit it bou...
Nov 10, 2021
Adidas trims 2021 forecast on sourcing disruptions
BERLIN (Reuters) - German sportswear company Adidas pared its full-year forecasts for sales and profits due to sourcing disruptions and the challenging market environment in China after its third-quar...
Nov 10, 2021
China vehicle sales fall 9.4% in October – industry body
BEIJING (Reuters) - China's auto sales fell in October for a sixth consecutive month, slumping 9.4% from a year earlier, industry data showed on Wednesday, as a prolonged global shortage of semiconduc...
Nov 10, 2021
German chipmaker Infineon reports 10% rise in quarterly revenue
STOCKHOLM (Reuters) - German chipmaker Infineon reported on Wednesday a rise of 10% in fourth-quarter revenue, as a global shortage of semiconductors has driven up the prices of, and demand for, chips...
Nov 10, 2021
Australia’s banks in mortgage book reshape as rate hikes loom
By Paulina Duran SYDNEY (Reuters) - Australian banks are offering lower variable-rate home loans even as funding costs rise in an attempt to lure customers away from fixed-rate mortgages and benefit f...
Nov 10, 2021
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