Category Archives:
Flight comeback fuels Air France-KLM’s return to quarterly core profit
PARIS (Reuters) - Air France-KLM returned to core profits in the late summer, beating the Franco-Dutch airline group's own expectations as passenger numbers almost doubled thanks to easing coronavirus...
Oct 29, 2021
Cryptocurrency ether hits all time high of $4,400
HONG KONG (Reuters) - Ether the world's second largest cryptocurrency hit a all time high on Friday, a little over a week after larger rival bitcoin set its own record. The token, which underpins the ...
Oct 29, 2021
Analysis-Bank of Canada’s early lift-off warning may dampen housing boom fanned by speculators
By Nichola Saminather TORONTO (Reuters) - Canada's pandemic housing boom has attracted a larger-than-usual share of speculators, many of whom took advantage of falling variable mortgage rates to take ...
Oct 29, 2021
Analysis-‘When #shiba?’ ask Robinhood users hungry for dogecoin-like returns
By John McCrank and Tom Wilson NEW YORK/LONDON (Reuters) - Investors clamoring for Robinhood Markets to host shiba inu, a meme-inspired cryptocurrency that has soared in value this month, may need to ...
Oct 29, 2021
Detroit’s chip woes drag on U.S. economic growth
By Dan Burns (Reuters) - The U.S. auto sector's production slump this year is more than a big minus for Detroit - it's a major drag on the entire economy. Gross domestic product growth slowed to the w...
Oct 29, 2021
Spain’s Caixabank Q3 recurrent profit pro-forma rises 33% y/y on lower provisions
MADRID (Reuters) - Spain's Caixabank on Friday said its third-quarter recurrent profit rose 33% pro-forma against the same period a year ago due to lower loan loss provisions. Caixabank, which in Marc...
Oct 28, 2021
Saudi Arabia may raise light crude prices to Asia in Dec
By Florence Tan SINGAPORE (Reuters) - Top oil exporter Saudi Arabia may raise prices of light crude grades to Asia in December, supported by a rebound in distillate margins and spot premiums for Middl...
Oct 28, 2021
Japan Sept household spending seen down on virus curbs, clouding outlook – Reuters poll
TOKYO (Reuters) - Japan's annual household spending likely fell in September as consumers remained wary amid COVID-19 restrictions, a Reuters poll showed on Friday, reinforcing risks to a fragile econ...
Oct 28, 2021
Exclusive: Hong Kong’s PAG seeking to raise $9 billion with new buyout fund -sources
By Kane Wu HONG KONG (Reuters) - Asia-focused investment firm PAG is aiming to raise $9 billion in what would be its fourth and largest buyout fund, people with knowledge of the matter said, adding to...
Oct 28, 2021
Australia’s CBA pleads guilty to consumer credit insurance fraud charges
(Reuters) - The Australian Securities and Investments Commission (ASIC) said on Friday the country's largest lender Commonwealth Bank of Australia had pled guilty to 30 criminal charges for mis-sellin...
Oct 28, 2021
Peoria, IL, USA
47 °F Mist
