Category Archives:
BNP Paribas gets regulatory nod to set up China asset management joint venture
By Selena Li HONG KONG (Reuters) - BNP Paribas has received Chinese regulatory approval to start building an asset management venture with Agricultural Bank of China (AgBank), the two companies said, ...
Oct 18, 2022
German investor morale sees surprise rise in October – ZEW
BERLIN (Reuters) - German investor sentiment rose slightly in October, even as the current economic situation was assessed as significantly worse than the previous month, leaving little room for optim...
Oct 18, 2022
EU countries at odds over how to tackle energy crisis
By Gabriela Baczynska and Charlotte Van Campenhout BRUSSELS (Reuters) - Croatia and Lithuania want a wholesale gas cap, Slovenia advocates a ceiling on liquefied gas only, while Finland and Slovakia d...
Oct 18, 2022
Bank of England says report of decision to delay bond sales is inaccurate
LONDON (Reuters) - The Bank of England said on Tuesday that a report in the Financial Times about a new delay to the start of its sales of government bonds was inaccurate. "This morning's FT report th...
Oct 18, 2022
Gaza children breakdance to kick stress away
By Nidal al-Mughrabi GAZA (Reuters) - On a street in the Nusseirat refugee camp, in the central Gaza Strip, teenagers perform breakdancing moves once condemned by some locals as immoral and now seen a...
Oct 18, 2022
Investment in cloud firms plunged 42% in Q3, says venture capitalist Accel
By Supantha Mukherjee STOCKHOLM (Reuters) - The amount of money invested in private cloud-computing companies in Europe, Israel and the United States dropped 42% in the third quarter of 2022, indicati...
Oct 18, 2022
Microsoft cuts about 1,000 jobs – Axios
(Reuters) - Microsoft Corp laid off under 1,000 employees across several divisions this week, Axios reported on Tuesday, citing a source, making it the latest U.S. technology company to cut jobs or sl...
Oct 18, 2022
Russian soft drinks maker to cut back investments, hiring over new sugar tax
MOSCOW (Reuters) - Chernogolovka, a Russian soft drinks producer hoping to seize market share as Western competitors leave, said a proposed new sugary drinks tax had forced it to scale back investment...
Oct 18, 2022
Renault CEO: problems remain regarding supplies of semiconductor chips
PARIS (Reuters) - Renault and other carmakers are still facing problems regarding the global shortage of semiconductor chips needed in the car industry, Renault Chief Executive Luca de Meo told the Pa...
Oct 18, 2022
Hyundai says Q3 earnings to reflect $956 million costs hit
SEOUL (Reuters) - Hyundai Motor said on Tuesday that its third-quarter earnings would reflect "quality-related costs" of about 1.36 trillion won ($955.85 million). The cost would include additional pr...
Oct 18, 2022
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