Category Archives:
Asset managers flock to Singapore’s new corporate structure, central bank says
SINGAPORE (Reuters) - Singapore's central bank said on Wednesday that more than 400 variable capital companies (VCCs) have been set up or re-domiciled in the city-state in less than two years since th...
Nov 10, 2021
Porsche AG benefits from being part of Volkswagen Group, CEO says
LUDWIGSBURG (Reuters) - Porsche AG, part of the Volkswagen Group, profits from being part of Volkswagen, its CEO Oliver Blume said on Wednesday, following speculation that an IPO of the luxury unit co...
Nov 10, 2021
Europe’s pandemic productivity growth surge may wane: ECB study
FRANKFURT (Reuters) - Euro zone labour productivity growth surged at the onset of the pandemic as firms rushed to adapt digital technologies but much of the gains are at risk of erosion, a European Ce...
Nov 10, 2021
Biden, Putin may meet for talks in person in early 2022 – Kommersant
MOSCOW (Reuters) - U.S. President Joe Biden and Russian President Vladimir Putin may meet for talks in person in early 2022 and speak by video conference before the end of this year, Russia's Kommersa...
Nov 10, 2021
Nasdaq receives Nordic power spot market licence, start date not set
OSLO (Reuters) - Nasdaq has received the right to operate in the Nordic day-ahead power market, it said late on Tuesday, after Swedish regulatory authorities issued the exchange operator a licence. Th...
Nov 10, 2021
Tencent reports 3% jump in third-quarter profit, beating expectations
SHANGHAI (Reuters) - Chinese gaming and social media giant Tencent Holdings posted a 3% rise in third-quarter profit, beating analyst expectations as it flagged the impact of heightened regulatory scr...
Nov 10, 2021
Oil stocks, earnings drive European stocks higher
(Reuters) - European stocks inched higher on Wednesday to trade near all-time peaks, as a jump in oil stocks and strong earnings from companies including chipmaker Infineon helped counter inflation wo...
Nov 10, 2021
Takeaway.com shareholder repeats call to divest Grubhub
AMSTERDAM (Reuters) - Investor Cat Rock, one of the largest shareholders of online food ordering company Just Eat Takeaway.com, on Wednesday renewed its call for the company's management to divest its...
Nov 10, 2021
Russia’s Yandex to spend ‘tens of millions of dollars’ on fashion
MOSCOW (Reuters) - Russia's Yandex said on Wednesday it had started selling clothing, footwear and accessories on its Yandex.Market e-commerce service, months after pulling out of a deal to buy online...
Nov 10, 2021
China’s ZPC studies crude to petrochemical technology to cut carbon
By Chen Aizhu and Muyu Xu SINGAPORE (Reuters) - Privately-controlled Zhejiang Petrochemical Corp (ZPC), China's single-largest refiner and petrochemical producer, is exploring new technologies such as...
Nov 10, 2021
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