Category Archives:
EU agrees law preventing import of goods linked to deforestation
By Kate Abnett BRUSSELS (Reuters) - The European Union agreed on Tuesday on a new law to prevent companies from selling into the EU market soy, beef, coffee and other commodities linked to deforestati...
Dec 06, 2022
Orsted plans large-scale green hydrogen project in Denmark
COPENHAGEN (Reuters) - Renewable energy firm Orsted on Tuesday said it intends to invest in a large-scale facility in Denmark to produce green hydrogen, considered a cornerstone of the shift to cleane...
Dec 06, 2022
Analysis-Investors face dilemma as capital increases fill IPO void
By Pablo Mayo Cerqueiro and Oliver Hirt (Reuters) - Investors in European companies are being asked to plough money into a series of capital hikes as cash-hungry companies, including Swiss lender Cred...
Dec 06, 2022
Samsung, LG plan multi-billion-dollar additional investment in Vietnam
HANOI (Reuters) - South Korean electronics giants Samsung and LG plan to pour billions of dollars of additional investment into Vietnam, state media reports and the Vietnamese government said on Tuesd...
Dec 06, 2022
Asian stocks draw highest monthly foreign inflows in two years
By Gaurav Dogra (Reuters) - Foreign net monthly inflows into Asian equities hit a two-year high in November on hopes that the U.S. Federal Reserve could cut the pace of its interest rate hikes. Expect...
Dec 06, 2022
ECB needs more rate hikes but inflation close to peak, chief economist says
FRANKFURT (Reuters) - The European Central Bank will have to raise interest rates several more times to tame price pressures, even if headline inflation is now close to its peak, ECB chief economist P...
Dec 06, 2022
India’s economy expected to grow 6.9% this year – World Bank
NEW DELHI (Reuters) - India's economy is expected to grow 6.9% in the current fiscal year, the World Bank said in a report on Tuesday, citing tightening monetary policy and high commodity prices as fa...
Dec 06, 2022
Cryptoverse: Forget crypto winter, this is a bitcoin ‘bloodbath’
By Medha Singh and Lisa Pauline Mattackal (Reuters) - "I'm nearly bankrupt," says Jad Fawaz, a crypto trader in Abu Dhabi. "I'm laughing because there's no point in exerting more depression and more f...
Dec 06, 2022
Exclusive-Goldman Sachs on hunt for bargain crypto firms after FTX fiasco
By Iain Withers and Lawrence White LONDON (Reuters) - Goldman Sachs plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse of the FTX exchange hit valuation...
Dec 06, 2022
The rise and fall of Wirecard
(Reuters) - Payments company Wirecard collapsed in 2020 in Germany's biggest post-war fraud scandal. A trial will start in Munich on Thursday, with former Chief Executive Markus Braun facing charges. ...
Dec 06, 2022
Peoria, IL, USA
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