Category Archives:
South Africa gets $750 million World Bank loan to bolster COVID recovery effort
CAPE TOWN (Reuters) - The World Bank has approved a loan of $750 million to South Africa linked to COVID-19, aiming to help protect the poor and support economic recovery from the pandemic, the Nation...
Jan 20, 2022
China’s transport ministry summons cargo service firms over operational issues
SHANGHAI (Reuters) - China's transport ministry on Friday summoned four cargo service platforms including Didi Freight, the cargo division of Didi Chuxing, and Huolala over "operational irregularities...
Jan 20, 2022
China Evergrande prepares offshore bondholder identification list – letter
HONG KONG (Reuters) - China Evergrande Group has asked offshore bondholders to disclose holdings to prepare a bondholder identification list, according to a letter seen by Reuters. The cash-strapped f...
Jan 20, 2022
Intel plans new chip manufacturing site in Ohio – report
(Reuters) - Intel Corp is committing $20 billion to build a manufacturing mega-site in New Albany, on the outskirts of Columbus, Ohio, Time reported on Thursday. (Reporting by Akriti Sharma in Bengalu...
Jan 20, 2022
Sony looking to add new partners to its EV project-executive
By Tim Kelly TOKYO (Reuters) - Sony Group will likely add new technology partners to its electric vehicle (EV) project to help it forge a mobility business to transform cars from transportation machin...
Jan 20, 2022
Japan and U.S. to start new ‘2 plus 2’ dialogue for economic issues -Kyodo
TOKYO (Reuters) - The United States and Japan will initiate a new "2 plus 2" dialogue that will cover economic and diplomatic issues, Kyodo reported, citing a Japan government official. The agreement ...
Jan 20, 2022
Twitter debuts hexagon-shaped NFT profile pictures
PALO ALTO (Reuters) - Twitter Inc on Thursday announced the launch of a tool through which users can showcase non-fungible tokens (NFTs)as their profile pictures, tapping into a digital collectibles c...
Jan 20, 2022
Oil falls as U.S. inventory build prompts profit-taking
By Yuka Obayashi TOKYO (Reuters) - Oil prices plunged on Friday, after rising to seven-year highs this week, as an increase in U.S. crude and fuel stockpiles prompted investors to take profits from th...
Jan 20, 2022
China to cut interest rates on standing lending facility loans on Jan 21 – sources
SHANGHAI (Reuters) - China's central bank will cut interest rates on its standing lending facility loans for all tenors on Friday, three sources with direct knowledge of the matter said, following sim...
Jan 20, 2022
Pegasus Asia, Tikehau Capital-backed SPAC, lists in Singapore
By Anshuman Daga SINGAPORE (Reuters) - A special purpose acquisition company (SPAC), backed by European asset manager Tikehau Capital and a holding firm of LVMH Chairman Bernard Arnault, began trading...
Jan 20, 2022
Peoria, IL, USA
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