Category Archives:
How Sweden became the Silicon Valley of Europe
By Colm Fulton and Supantha Mukherjee STOCKHOLM (Reuters) - As Klarna's billionaire founder Sebastian Siemiatkowski prepares to stage one of the biggest-ever European fintech company listings, a feast...
Aug 11, 2021
Debt-laden Evergrande says in sale talks for certain assets; shares jump
HONG KONG/SHANGHAI (Reuters) - Shares of debt-ladden China Evergrande Group jumped on Wednesday after it confirmed that it is in talks to sell certain assets, as the move could ease cashflow pressure ...
Aug 10, 2021
Lenovo Q1 profit more than doubles, beats expectations
By Brenda Goh SHANGHAI (Reuters) -China's Lenovo Group Ltd, the world's biggest maker of personal computers, on Wednesday posted a better-than-expected jump in first-quarter profit as COVID-19 curbs c...
Aug 10, 2021
Cathay Pacific H1 loss shrinks by almost a quarter, air cargo demand seen robust
By Jamie Freed (Reuters) -Hong Kong's Cathay Pacific Airways Ltd said on Wednesday its first-half loss shrunk by nearly a quarter, helped by a drastic reduction in headcount and strong air cargo deman...
Aug 10, 2021
U.S. Senate debate on $3.5 trillion spending plan enters second day
By Susan Cornwell and Makini Brice WASHINGTON (Reuters) - Debate on a $3.5 trillion spending blueprint for President Joe Biden's top priorities entered a second day Wednesday in the U.S. Senate, where...
Aug 10, 2021
India, U.S. seeing fund inflows after China crackdown – Mark Mobius
By Divya Chowdhury MUMBAI (Reuters) - India, the United States and parts of other emerging markets have seen fund inflows redirected from China as recent regulatory crackdowns in the world's second-bi...
Aug 10, 2021
Chinese tech firms ‘self-correct’ to get ahead of potential regulatory fury
By Yingzhi Yang and Brenda Goh BEIJING (Reuters) - Fretting about unprecedented regulatory heat for China's tech sector, some companies are no longer waiting for any official reprimands that may or ma...
Aug 10, 2021
Dollar, U.S. yields gain, Asian shares held back by Delta worries
By Alun John HONG KONG (Reuters) - The dollar and U.S. yields extended gains in Asia on Wednesday, spurred by tapering talk, while Asian shares traded sideways on fears about the spread of the coronav...
Aug 10, 2021
Oil crawls higher on solid U.S. demand outlook despite Delta surge
MELBOURNE (Reuters) - Oil prices on Wednesday consolidated strong overnight gains as a bullish outlook for U.S. fuel demand outweighed concerns about mobility curbs in Asia with the spread of the high...
Aug 10, 2021
Boeing 737 MAX test plane takes flight in China – Flightradar24
BEIJING/SYDNEY (Reuters) -A Boeing Co 737 MAX test plane took to the skies in China on Wednesday as the U.S. manufacturer looks to end a nearly two-and-a-half-year regulatory grounding of the model in...
Aug 10, 2021
Peoria, IL, USA
42 °F Partly cloudy
