Category Archives:
German firms fear supply chain pain from China’s battle with Omicron
By Christian Kraemer BERLIN (Reuters) - German companies doing business in China are worried the Omicron coronavirus variant will trigger more strict lockdown measures from Beijing that could exacerba...
Jan 25, 2022
China says 2021 fiscal revenues rise 10.7% yr/yr
BEIJING (Reuters) -China's fiscal revenues rose 10.7% in 2021 from a year earlier to 20.25 trillion yuan ($3.20 trillion), Vice Finance Minister Xu Hongcai said on Tuesday. Fiscal expenditures rose 0....
Jan 25, 2022
Major African central banks expected to hold rates this month: Reuters poll
By Vuyani Ndaba JOHANNESBURG (Reuters) - Major central banks in sub-Saharan Africa will leave interest rates unchanged in coming days, starting with Nigeria and Kenya, and followed by Ghana at the end...
Jan 25, 2022
UK borrows less than expected in Dec, earlier months revised down too
LONDON (Reuters) -Britain's government borrowed less than expected last month, according to official figures from the Office for National Statistics which also revised down the size of the budget defi...
Jan 25, 2022
Vietnam artist marks Lunar New Year with hundreds of carved tigers
DUONG LAM, Vietnam (Reuters) - As Vietnam prepares to celebrate the Year of the Tiger next month, local artist Nguyen Tan Phat has been busy making hundreds of ornately carved sculptures of tigers to ...
Jan 25, 2022
Analysis-After explosion in costs, central Europe’s factories are passing on the pain
By Jason Hovet and Krisztina Than PRAGUE/BUDAPEST (Reuters) - Czech foundry Benes a Lat has seen its energy bill double in the past year and its finance director is racing to get client contracts rewr...
Jan 25, 2022
UiPath’s success fires up Romania’s unicorn dreams
By Luiza Ilie and Michael Kahn BUCHAREST/PRAGUE (Reuters) - When Romanian software maker UiPath achieved unicorn status as a billion-dollar company in March 2018, Sergiu Negut knew immediately that th...
Jan 25, 2022
Abu Dhabi’s Chimera closes second venture capital fund at $10 billion
By Yousef Saba DUBAI (Reuters) - Abu Dhabi investment firm Chimera Capital said on Tuesday it closed its second venture capital (VC) fund at $10 billion, as it looks to find multi-million dollar oppor...
Jan 25, 2022
Exclusive-Chinese fashion retailer SHEIN revives plan for New York listing in 2022-sources
By Kane Wu, Fanny Potkin and Scott Murdoch HONG KONG/SINGAPORE (Reuters) - Chinese fashion retailer SHEIN is reviving plans to list in New York this year and its founder is considering a citizenship c...
Jan 25, 2022
Remy Cointreau confident on profit outlook as Q3 sales beat estimates
By Dominique Vidalon PARIS (Reuters) -French spirits group Remy Cointreau beat third-quarter sales forecasts and said it was confident that demand for its premium cognac in China, the United States an...
Jan 25, 2022
Peoria, IL, USA
90 °F Sunny
