Category Archives:
UK government runs unexpected budget surplus in January – ONS
LONDON (Reuters) -Britain's government ran an unexpected budget surplus of 5.4 billion pounds ($6.49 billion) in January, reflecting strong income tax receipts, figures from the Office for National St...
Syndicated Content Feb 21, 2023
Tears and photos as Japan sends giant panda ‘home’ to China
By Elaine Lies TOKYO (Reuters) - With tears, waves and shouts of farewell from fans, a Japan-born giant panda set off for China on Tuesday from the Tokyo zoo where she was raised. A hugely popular att...
Syndicated Content Feb 21, 2023
China’s Nio to build factory for budget EVs – sources
SHANGHAI (Reuters) - Chinese electric vehicle (EV) maker Nio Inc plans to build a factory in Chuzhou city in the eastern province of Anhui to produce budget EVs under a new brand, said three people wi...
Syndicated Content Feb 21, 2023
Cryptoverse: Tether tightens grip on wobbling world of stablecoins
By Medha Singh and Lisa Pauline Mattackal (Reuters) - The world of stablecoins is suddenly looking shaky. Seismic shifts may be afoot in the $137 billion market after New York-based Paxos Trust Compan...
Syndicated Content Feb 21, 2023
France’s Capgemini sees weaker revenue growth in 2023
(Reuters) - French IT consulting group Capgemini on Tuesday forecast slower revenue growth for 2023 on slowing demand for its cloud, data and artificial intelligence services. The company, which provi...
Syndicated Content Feb 21, 2023
Nike, Adidas shoe supplier Pou Chen to slash 6,000 jobs in Vietnam -sources
HANOI (Reuters) -Taiwan's Pou Chen Corp, the world's largest maker of branded sports footwear, plans to cut around 6,000 jobs at its Ho Chi Minh City plant in Vietnam due to weak demand, two local off...
Syndicated Content Feb 21, 2023
Microsoft’s president to push Activision deal at EU hearing; Google, Nvidia also present
By Foo Yun Chee BRUSSELS (Reuters) - Microsoft President Brad Smith will on Tuesday seek to convince EU antitrust regulators at a closed hearing that the U.S. software giant's $69 billion bid for "Cal...
Syndicated Content Feb 21, 2023
South Korea’s ‘jeonse’ rent-free renters hit by property downturn
By Jihoon Lee SEOUL (Reuters) - A downturn in South Korea's home prices is causing pain in the country's unusual rent-free rental system that benefited landlords and tenants alike during a long surge ...
Syndicated Content Feb 20, 2023
MarketMind: Cast away
A look at the day ahead in European and global markets from Ankur Banerjee: After a sputtering start to the week for the equities market, flash PMI data from Eurozone, UK and Germany will likely give ...
Syndicated Content Feb 20, 2023
HSBC takes $300 million hit on Russia business sale, says deal on track for 2023
By Lawrence White LONDON (Reuters) - HSBC HSBA.L> said it still expects to complete the sale of its Russia business in first-half 2023, in the most significant update on the progress of the deal since...
Syndicated Content Feb 20, 2023
Peoria, IL, USA
44 °F Overcast
