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UK Black Friday transactions consistent with 2021 so far -Barclaycard Payments
LONDON (Reuters) - The volume of Black Friday payment transactions in Britain as of 1000 GMT was broadly in line with 2021, initial data from Barclaycard Payments showed on Friday. Barclaycard Payment...
Nov 25, 2022
Hyundai Motor and SK On to build $1.9 billion JV battery plant in U.S. -report
SEOUL (Reuters) - South Korea's Hyundai Motor Co and SK On plan to invest about 2.5 trillion won ($1.88 billion) to build a new joint venture battery factory in the United States, the Korea Economic N...
Nov 25, 2022
Spain energy tax to raise 400 million euros less than expected, minister says
MADRID (Reuters) - The Spanish government will collect 400 million euros ($416 million) less than expected from the revised windfall tax bill on energy companies passed by the lower house in a first r...
Nov 25, 2022
Deutsche Bank warns of peril in borrowing from U.S. banks
By Tom Sims and Marta Orosz FRANKFURT (Reuters) - Germany's Deutsche Bank has a stark warning to European companies borrowing from U.S. lenders: They will drop you when times get tough. The caution, s...
Nov 25, 2022
China frees up $70 billion for banks to underpin slowing economy
BEIJING (Reuters) - China said on Friday it would cut the amount of cash that banks must hold as reserves for the second time this year, releasing about 500 billion yuan ($69.8 billion) in long-term l...
Nov 25, 2022
More Black Friday shoppers return to stores, chasing deals
By Arriana McLymore and Siddharth Cavale RALEIGH, N.C./ NEW YORK (Reuters) - The days of early morning Black Friday shopping are behind most consumers, but for Lex Uribe in Las Vegas the biggest shopp...
Nov 25, 2022
Rapidly ageing China rolls out private pension scheme in 36 cities
SHANGHAI (Reuters) -China launched its first private pension scheme in 36 cities on Friday as it grapples with a rapidly ageing population, allowing individuals to open retirement accounts at banks to...
Nov 25, 2022
Germany must step up competition to become green economy leader – EconMin
BERLIN (Reuters) - The world's largest economic powers are going to compete over who will be able to create a lead market for a climate-neutral and green industry, said German Economy Minster Robert H...
Nov 25, 2022
J.P.Morgan sees global bond yields dipping in 2023
(Reuters) - Global bond yields will likely fall slightly in 2023 as the balance between demand and supply will improve by $1 trillion, strategists at J.P. Morgan said in a note. There will be a $700 b...
Nov 25, 2022
Bank of China agrees to provide credit lines totaling more than 600 billion yuan to 10 property developers
BEIJING (Reuters) - Bank of China Ltd announced Friday that it had agreed to provide credit lines totaling more than 600 billion yuan ($83.8 billion) to 10 property developers, including Vanke and Cou...
Nov 25, 2022
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