Category Archives:
Asian firms’ capex to shrink in 2023, first since ’15 – data
By Gaurav Dogra and Patturaja Murugaboopathy (Reuters) - Asian companies will slow investment sharply this year, deterred by soaring interest rates and fears of deepening recession, and budgets will o...
Jul 28, 2022
Biden administration announces $400 million for rural internet access
WASHINGTON (Reuters) - President Joe Biden's administration announced on Thursday that it will provide $401 million to provide access to high-speed internet for 31,000 rural residents and businesses i...
Jul 28, 2022
Santander Brasil beats net profit forecasts but raises loan-loss provisions
SAO PAULO (Reuters) - Banco Santander Brasil SA's second-quarter net income beat market expectations but loan-loss provisions rose sharply against a challenging macroeconomic backdrop, data released o...
Jul 28, 2022
Several Taiwan central bank board members raise off-cycle rate hike possibility
TAIPEI (Reuters) - Several board members of Taiwan's central bank suggested that it could make an off-cycle rate hike before the next scheduled meeting in September, minutes of their June meeting show...
Jul 28, 2022
Retailer Casino seals GreenYellow energy sale, tourists boost trade
By Dominique Vidalon PARIS (Reuters) - Retailer Casino said on Thursday it was confident it would execute its disposal plan to reduce debt as planned after sealing a deal to sell its majority stake in...
Jul 28, 2022
As credit demand grows in India, banks may soon be scrambling for deposits
By Nupur Anand and Swati Bhat MUMBAI (Reuters) - Loan growth in India is at a three-year high and seen inching up further as economic activity gains traction but a much slower growth in deposits could...
Jul 28, 2022
Shell, Total continue buyback bonanza after record profits
By Shadia Nasralla and Ron Bousso LONDON (Reuters) - Europe's biggest oil companies Shell and TotalEnergies extended share buybacks on Thursday after their second-quarter profits beat an already recor...
Jul 28, 2022
Wary shoppers muddy outlook for tech, auto firms in Asia
By Joyce Lee and Satoshi Sugiyama (Reuters) - Asian tech firms from chipmaker Samsung to display panel maker LG Display warned of a sharp slowdown in demand for smartphones, TVs and gadgets as surging...
Jul 28, 2022
Russia fines Snapchat owner for data law violation – Ifax
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) - A Russian court on Thursday fined Snapchat owner 1 million roubles (...
Jul 28, 2022
Amid clouds on economic horizon, Spain’s jobless rate stays below 3 million mark
(Reuters) - Spain's jobless number remained below three million for the second month running, falling to 12.48% in the April to June period of 2022 compared to 13.65% three months earlier, data from t...
Jul 28, 2022
Peoria, IL, USA
52 °F Overcast
