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China Evergrande gets $260 million guarantee demand
(Reuters) - China Evergrande Group said on Friday it had got a demand for a $260 million guarantee obligation, and said it may be unable to pay up due to a liquidity crunch. It said it was engaged in ...
Syndicated Content Dec 03, 2021
Facebook’s struggle with Gateway Pundit highlights challenge of containing disinformation
By Peter Eisler (Reuters) - The Gateway Pundit, a far-right news site, has used its Facebook page - with more than 630,000 followers - to post bogus stories alleging the 2020 election was stolen from ...
Syndicated Content Dec 03, 2021
HK-listed MMG to cease copper operations at Peru mine
(Reuters) - Miner MMG Ltd said on Friday it would cease copper production from its Las Bambas mine in Peru by mid-December, as it failed to establish commercial relationships with the Peruvian residen...
Syndicated Content Dec 03, 2021
China will cut reserve ratios in timely way -state media quotes premier
BEIJING (Reuters) - China will cut banks' reserve requirement ratios (RRR) in a timely way to help safeguard economic stability, state media on Friday quoted Premier Li Keqiang as saying. China will i...
Syndicated Content Dec 03, 2021
Spanish bank Unicaja to cut up to 1,513 jobs, union says
MADRID (Reuters) - Spain's Unicaja has reached a pre-agreement with unions to cut up to 1,513 jobs, the bank's leading union Comisiones Obreras (CCOO) said on Friday. The bank in October said it was s...
Syndicated Content Dec 03, 2021
France says UAE arms deal secures supply chain, jobs
PARIS (Reuters) - A 17-billion-euro ($19.23 billion) French arms deal with the United Arab Emirates will secure the industrial supply chain for France's Rafale warplane for the next decade and directl...
Syndicated Content Dec 03, 2021
Former China stock regulator broke law in IPO vetting, watchdog says
SHANGHAI (Reuters) - China's top anti-graft watchdog said on Friday that Cao Jian, a former securities regulator responsible for vetting initial public offerings (IPOs), "seriously violated discipline...
Syndicated Content Dec 03, 2021
Bank of Montreal beats profit estimates, raises dividend by 25%
TORONTO (Reuters) - Bank of Montreal closed out Canadian banks' results season with better-than-expected fourth-quarter earnings on Friday, as strong growth across all major businesses drove adjusted ...
Syndicated Content Dec 03, 2021
China tightens rules on forex trading, targets misconduct
BEIJING (Reuters) - China's foreign exchange regulator issued guidelines on foreign exchange trading on Friday, targeting market manipulation, fraud and abuses. The guidelines would help regulate fore...
Syndicated Content Dec 03, 2021
China’s top anti-graft watchdog probing Shanghai head of banking and insurance regulator
BEIJING (Reuters) - China's top anti-corruption watchdog said it is investigating the head of the Shanghai office of the China Banking and Insurance Regulatory Commission, Han Yi, over serious violati...
Syndicated Content Dec 03, 2021
Peoria, IL, USA
47 °F Mist
