Category Archives:
China Construction Bank says net interest margin to narrow in H2 2021
BEIJING (Reuters) - China Construction Bank, country's second-largest lender by assets, said its net interest margin will be narrower in the second half of 2021. The margin, a key profitability indica...
Aug 30, 2021
Euro zone August sentiment eases, selling price view at record high
BRUSSELS (Reuters) - Euro zone economic sentiment eased more than expected in August from a record high in July, hit by a sharp drop in optimism in France and the Netherlands, while selling price expe...
Aug 30, 2021
Fintech firm Ideanomics to buy VIA Motors for nearly $630 million
(Reuters) - Financial technology company Ideanomics Inc said on Monday that it will acquire VIA Motors International Inc in an all-stock deal that would value the electric commercial vehicle firm at a...
Aug 30, 2021
Bank of China H1 profit rises 12%, biggest first half jump since 2013
BEIJING (Reuters) - Bank of China Ltd (BoC), the country's fourth-largest lender by assets, posted a 11.8% increase in first-half net profit on Monday, the biggest jump since 2013 as business activity...
Aug 30, 2021
China’s AgBank posts 12.4% rise in H1 net profits
BEIJING (Reuters) - Agricultural Bank of China (AgBank), the country's third-largest lender by assets, on Monday posted 12.4% growth in first-half profits, the fastest first-half growth since 2014 as ...
Aug 30, 2021
MapmyIndia targets valuation of up to $817 million with IPO filing this week – source
By Aditya Kalra and Sethuraman N R BENGALURU (Reuters) - MapmyIndia, which powers Apple maps in India, will file draft papers for an initial public offering worth 10-12 billion rupees ($136-$163 milli...
Aug 30, 2021
OPEC+ likely to keep oil output policy from September unchanged, sources say
DUBAI/LONDON (Reuters) - OPEC+ is likely to keep its oil output policy unchanged when the group meets on Wednesday and continue with its planned modest production increase, three OPEC+ sources told Re...
Aug 30, 2021
China’s Meituan reports third straight quarterly loss
BEIJING (Reuters) -Chinese food delivery giant Meituan posted a third consecutive quarterly loss on Monday as it continues to invest in expanding its various businesses. Meituan, China's eighth larges...
Aug 30, 2021
Alibaba fires 10 for leaking sexual assault accusations – Bloomberg News
(Reuters) - Alibaba Group Holding Ltd dismissed 10 employees for publicizing a female colleague's account of sexual assault allegations against a former manager, Bloomberg News reported on Monday, cit...
Aug 30, 2021
Indonesia approves plan to develop Ubadari gas field, Vorwata carbon project
TOKYO (Reuters) - Mitsubishi Corp and other Japanese firms said on Monday an Indonesian regulator has approved their plan to develop the new Ubadari gas field and raise output at the existing Vorwata ...
Aug 30, 2021
Peoria, IL, USA
87 °F Sunny
