Category Archives:
European shares dip on inflation worries, weak China data
(Reuters) - European shares opened lower on Monday, as surging commodity prices added to fears around a burgeoning energy crisis, while weak data from China kept concerns around slowing economic growt...
Oct 18, 2021
China’s power woes may worsen as demand surges amid coal supply lag
By Muyu Xu and Shivani Singh BEIJING (Reuters) - China's power woes look set to intensify as coal prices rose to a record on Monday following data showing supply of the fuel fell in September adding t...
Oct 18, 2021
French luxury goods groups’ shares hit by weak Chinese data
PARIS (Reuters) - Shares in French luxury goods companies LVMH and Kering fell on Monday after weak economic numbers from China, a leading market for many of the world's top fashion companies. Kering ...
Oct 18, 2021
Siemens prepares separation of large drive business
BERLIN (Reuters) -Siemens is preparing a separation of its large drive applications (LDA) business, the German engineering and technology company said on Monday, confirming media reports. The separati...
Oct 18, 2021
French Finance Minister backs possible French petrol cheques
PARIS (Reuters) - French Finance Minister Bruno Le Maire said on Monday he was in favour of handing out "petrol cheques" to help low-income households cope with the rise of energy prices, instead of c...
Oct 18, 2021
Marketmind: What could possibly go wrong?
A look at the day ahead from Julien Ponthus. Optimism for the third quarter earnings season has provided a timely boost for equity markets, which flirted with correction territory in September. World ...
Oct 18, 2021
Volkswagen’s Skoda Auto halts production for two weeks, CTK reports
PRAGUE (Reuters) - Volkswagen's Skoda Auto started a two-week outage on Monday as the carmaker contends with the global shortage of chips and other components, CTK news agency reported. Skoda wants to...
Oct 18, 2021
Life after COVID: EU re-thinks budget rules for new era
By Jan Strupczewski BRUSSELS (Reuters) - So often the source of rows between its members, the European Union starts reviewing its rules for national budgets on Tuesday to fit a post-pandemic reality o...
Oct 18, 2021
Factbox-Key elements of European Union budget rules
By Jan Strupczewski BRUSSELS (Reuters) - The European Union is discussing how to adjust the euro zone rules which govern national budgets to align with a post-pandemic reality of higher public debt an...
Oct 18, 2021
Taiwan Sept export orders seen rising for 19th month on robust chip demand: Reuters poll
TAIPEI (Reuters) - Taiwan's export orders likely rose in September for the 19th straight month, a Reuters poll showed on Monday, buoyed by strong chip demand as the world emerges from the pandemic, wh...
Oct 18, 2021
Peoria, IL, USA
43 °F Thunderstorm In Vicinity, Light Rain, Mist
