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Volkswagen board to provide details on CEO’s future powers – source
HAMBURG (Reuters) -Volkswagen's supervisory board will provide details on Thursday on the future responsibilities of CEO Herbert Diess, which are likely to be curtailed as a result of an ongoing clash...
Syndicated Content Dec 09, 2021
China Nov new bank loans rise less than expected as stance tilts towards easing
By Judy Hua and Kevin Yao BEIJING (Reuters) - New bank lending in China rose less than expected in November from the previous month even as the central bank seeks to bolster slowing growth in the worl...
Syndicated Content Dec 09, 2021
Fed to lift rates in Q3 next year, but risk it comes sooner: Reuters poll
By Shrutee Sarkar BENGALURU (Reuters) - The U.S. Federal Reserve will raise rates in the third quarter of next year, earlier than expected a month ago, according to economists in a Reuters poll who mo...
Syndicated Content Dec 09, 2021
Black Friday pushes UK card spending to new pandemic high – ONS
LONDON (Reuters) - Black Friday sales pushed consumer spending on credit and debit cards in Britain to its highest level since before the first lockdown of March last year, official data showed on Thu...
Syndicated Content Dec 09, 2021
EU passes first chunk of green investment rules, contentious sectors still to come
By Kate Abnett BRUSSELS (Reuters) - The European Union has passed the first part of its rulebook on climate friendly investments, which from next year will define which activities can be labelled as g...
Syndicated Content Dec 09, 2021
UniCredit targets 2024 net profit above 4.5 billion euros
MILAN (Reuters) -UniCredit said it would grow its net profit on average by 10% a year through 2024 to above 4.5 billion euros ($5 billion) by betting on fee income to drive revenues. UniCredit on Thur...
Syndicated Content Dec 09, 2021
China removes 106 apps from app stores citing privacy violations
SHANGHAI (Reuters) - China's Ministry of Industry and Information Technology has removed 106 apps from Chinese app stores including movie review app Douban, karaoke app Changba, and phone reseller Aih...
Syndicated Content Dec 09, 2021
Exclusive-ECB governors home in on temporary, limited bond purchase boost -sources
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) - European Central Bank policymakers are homing in on a temporary increase in the regular bond purchase scheme that would still significantly...
Syndicated Content Dec 09, 2021
Watches of Switzerland says strong November sales bode well for Christmas
By Silke Koltrowitz ZURICH (Reuters) - Luxury watch retailer Watches of Switzerland Group (WoS) said on Thursday trading in November supported its recently upgraded full-year guidance, after strong re...
Syndicated Content Dec 09, 2021
European shares rebound as vaccine reassurances lift sentiment
(Reuters) - European shares ticked up on Thursday as positive comments from vaccine makers allayed some fears around the Omicron variant, while Deutsche Bank slipped on a report that it might have vio...
Syndicated Content Dec 09, 2021

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