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Turkish lira blows through 15 to dollar ahead of rate decision
By Ezgi Erkoyun and Nevzat Devranoglu ISTANBUL (Reuters) - The Turkish lira dropped to an all-time low beyond 15 against the dollar on Thursday ahead of another expected interest rate cut by the centr...
Syndicated Content Dec 16, 2021
Ex-Wall St banker missing in China amid financial misconduct probe – Caixin
SHANGHAI (Reuters) - The founder of a private equity fund in China, a former Wall Street banker, has gone missing after Chinese authorities started an investigation into alleged financial misconduct a...
Syndicated Content Dec 16, 2021
Ryanair sees Omicron hit to December, January capacity
DUBLIN (Reuters) - Ryanair expects to fly around 10% fewer passengers in December and January due to customer concerns around the Omicron variant of COVID-19, Group Chief Executive Michael O'Leary tol...
Syndicated Content Dec 16, 2021
SenseTime plans Hong Kong IPO re-launch Monday; keeps fundraising target -sources
HONG KONG (Reuters) - Chinese artificial intelligence startup SenseTime Group plans to keep its Hong Kong initial public offering (IPO) at $767 million as it considers re-launching the withdrawn deal ...
Syndicated Content Dec 16, 2021
China’s Tsinghua Unigroup chairman opposes restructuring deal – newspaper
SHANGHAI (Reuters) - Tsinghua Unigroup Chairman Zhao Weiguo opposes the pending investment into the company from Jianguang Asset Management (JAC Capital) and Wise Road Capital, China's National Busine...
Syndicated Content Dec 16, 2021
Indian ride hailing firm Ola raises $500 million loan
BENGALURU (Reuters) - Indian ride-hailing company Ola said on Thursday it had raised $500 milllion loan from international institutional investors, as the SoftBank Group backed start-up preps to make ...
Syndicated Content Dec 16, 2021
Volkswagen 2021 sales to be just below 9 million vehicles – Manager Magazin
BERLIN (Reuters) - Volkswagen sales are expected to reach just below 9 million vehicles this year as semiconductor bottlenecks weigh on production, Manager Magazin reported on Thursday, citing people ...
Syndicated Content Dec 16, 2021
Vontobel acquires UBS SFA business with 7.2 billion Sfr in assets
ZURICH (Reuters) - Swiss bank Vontobel said on Thursday it signed an agreement to purchase UBS Swiss Financial Advisers AG (SFA), a Zurich-based subsidiary of UBS AG, to boost its wealth management bu...
Syndicated Content Dec 16, 2021
Novartis launches new share buyback of up to $15 billion
ZURICH (Reuters) - Novartis AG said on Thursday it was launching a new share buyback of up to $15 billion to be executed by the end of 2023, adding it was confident in its top line growth and deep pip...
Syndicated Content Dec 16, 2021
Analysis-Fed’s pivot raises investor question: When does QT start?
By Karen Pierog and David Randall NEW YORK/CHICAGO (Reuters) - Investors are asking a key question after the U.S. Federal Reserve accelerated its taper of bond purchases and unveiled more aggressive r...
Syndicated Content Dec 16, 2021
Peoria, IL, USA
43 °F Thunderstorm In Vicinity, Light Rain, Mist
