Category Archives:
High euro zone inflation temporary, ECB’s Lane says
FRANKFURT (Reuters) - Euro zone inflation will ease next year and remains too weak in the medium term, European Central Bank chief economist Philip Lane told a Spanish newspaper, repeating the bank's ...
Syndicated Content Nov 08, 2021
As LNG prices surge, North American project development languishes
By Scott DiSavino (Reuters) - Demand for liquefied natural gas (LNG) has never been higher, but developers in North America are headed into the final weeks of the year without having approved one new ...
Syndicated Content Nov 08, 2021
The New Masters: How auction houses are chasing crypto millions
By Elizabeth Howcroft LONDON (Reuters) - Little could James Christie have known some 240 years ago, as he sold masterpieces by Rembrandt and Rubens to Catherine the Great, that his auction house would...
Syndicated Content Nov 08, 2021
SoftBank reports $3.5 billion net loss in Q2
TOKYO (Reuters) - SoftBank Group Corp slipped into the red with a 397 billion yen ($3.5 billion) loss for the July-September quarter, hit by falling valuations in the tech portfolio of its Vision Fund...
Syndicated Content Nov 08, 2021
Kenya’s Equity Group says 9-month pretax profit up, loan loss provisions fall
NAIROBI (Reuters) - Kenya's Equity Group Holdings said on Monday its nine-month pretax profit rose 85% to 36.6 billion shillings ($328.25 million), helped by rising interest income and falling provisi...
Syndicated Content Nov 08, 2021
Ant Group starts to differentiate consumer loan business Jiebei from bank loans
BEIJING (Reuters) - China's Ant Group said on Monday that it is making efforts to "differentiate" part of its short-term consumer loan business Jiebei, as it pursues a Beijing-led restructuring aimed ...
Syndicated Content Nov 07, 2021
Japan coincident indicator index falls for 3rd month in September
TOKYO (Reuters) - Japan's coincident indicator index extended its decline in September, the government said on Monday, cutting its view on economic conditions for the first time in more than two years...
Syndicated Content Nov 07, 2021
ETF’s big splash in MSCI’s new China index puts pressure on FTSE China A50
SHANGHAI (Reuters) - Just months after MSCI introduced its China mega-cap index, the first exchange-traded funds (ETFs) tracking the new index began trading in China on Monday, armed with $4 billion, ...
Syndicated Content Nov 07, 2021
Indonesia carbon capture storage deal could need $500 million, official says
JAKARTA (Reuters) - Deployment of carbon capture storage (CCS) in Indonesia by American energy giant Exxon Mobil Corp could cost about $500 million, a senior official at Indonesia's state oil firm Per...
Syndicated Content Nov 07, 2021
Business leaders optimistic COP26 visions will become reality
By Ross Kerber and Simon Jessop BOSTON/GLASGOW (Reuters) - A week into the United Nations' high-profile climate conference in Glasgow, executives and financial analysts said they are optimistic the ta...
Syndicated Content Nov 07, 2021
Peoria, IL, USA
46 °F Light Rain, Mist
