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Allianz sets aside another $2 billion over fund debacle
By Tom Sims and Alexander Hbner FRANKFURT (Reuters) -Germany's Allianz said on Wednesday it would set aside another 1.9 billion euros ($2 billion) as it braces for the outcome of U.S. regulatory inves...
Syndicated Content May 11, 2022
Factbox: How PBOC might respond to China’s weakening yuan
(Reuters) - The yuan's 5% fall against the dollar in the last three weeks has raised speculation over when and how the People's Bank of China (PBOC) might act to slow its depreciation. Even against a ...
Syndicated Content May 11, 2022
Norway to ramp up offshore wind in drive to go green
By Nora Buli OSLO (Reuters) - Norway unveiled plans on Wednesday for a major expansion in offshore wind energy by 2040, aiming to turn a country that has built its wealth on oil and gas into an export...
Syndicated Content May 11, 2022
Gold recovers as dollar, yields dip; key U.S. data in focus
By Bharat Gautam (Reuters) - Gold prices clawed back from a three-month low on Wednesday as the dollar and Treasury yields weakened, ahead of key U.S. monthly inflation data that could influence the F...
Syndicated Content May 11, 2022
Japan’s economy to suffer Q1 slump on lower consumption
TOKYO (Reuters) - Japan's economy likely contracted in the first three months of this year as the lingering fallout from the COVID-19 pandemic took a toll on consumption and exports, a Reuters poll sh...
Syndicated Content May 11, 2022
Russian gas transit via Ukraine down to 72 mcm, Gazprom says
(Reuters) - Russian gas producer Gazprom said it continues shipping gas to Europe via Ukraine with volumes on Wednesday seen at 72 million cubic metres (mcm), down from 95.8 mcm on Tuesday. Gazprom di...
Syndicated Content May 11, 2022
Coinbase CEO says new disclosure does not mean firm faces bankruptcy risk
(Reuters) - The chief executive of Coinbase said a disclosure in its latest quarterly filing did not indicate the cryptocurrency exchange operator faced a bankruptcy risk and it had been made to meet ...
Syndicated Content May 11, 2022
Panasonic keeps profit outlook flat amid price rises, component shortages
TOKYO (Reuters) - Panasonic Corp on Wednesday said it expects operating profit growth to be flat this business year as component shortages and rising material costs continued to pose a risk to earning...
Syndicated Content May 11, 2022
Broadcaster ITV says ad market will get tougher after ‘robust’ quarter
LONDON (Reuters) - British broadcaster ITV said advertising markets would get much tougher in the months ahead, reflecting the absence of last year's European Football championship, while it was mindf...
Syndicated Content May 11, 2022
Analysis: Blockchain needs MP3 music moment to win over markets
By Huw Jones LONDON (Reuters) - Blockchain needs its own music industry 'MP3' moment as fragmented regulation and technology hamper the development of a digital securities industry that could help rea...
Syndicated Content May 11, 2022
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