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UK wants to find a Northern Ireland trade solution, Times says
By Kate Holton LONDON (Reuters) - Britain wants to de-escalate tensions with the European Union and find a solution to a post-Brexit Northern Ireland trade dispute that has threatened broader relation...
Syndicated Content Nov 12, 2021
European shares notch new highs as Richemont leads surge in luxury stocks
(Reuters) - European shares hit record highs on Friday, with luxury stocks flying high on the back of strong earnings from Cartier-owner Richemont. The pan-European STOXX 600 was up 0.1% as of 0828 GM...
Syndicated Content Nov 12, 2021
Storytel enters the U.S. with acquisition of Audiobooks.com
STOCKHOLM (Reuters) -Swedish audiobook streaming group Storytel said on Friday it had agreed to buy Audiobooks.com from investment firm KKR, marking its entry into the U.S. market. The acquisition wil...
Syndicated Content Nov 12, 2021
Traders left on the hook for expensive coal after China squashes prices
By Muyu Xu and Chen Aizhu BEIJING/SINGAPORE (Reuters) - Chinese coal traders are selling cargoes at losses or trying to delay imports after Beijing's market interventions triggered a 50% price drop th...
Syndicated Content Nov 12, 2021
Explainer-China’s embattled developer Kaisa Group and the chairman behind it
HONG KONG (Reuters) - After cash-strapped developer China Evergrande https://www.reuters.com/business/several-bondholders-china-evergrande-receive-overdue-bond-coupon-payments-media-2021-11-11 Group o...
Syndicated Content Nov 12, 2021
Marketmind: Stuck behind the curve
A look at the day ahead from Julien Ponthus. The U.N. climate summit in Glasgow is coming to an end and so far, it hasn't proven to be a game changer. Under countries' current pledges, global warming ...
Syndicated Content Nov 12, 2021
Supply chain bottleneck to linger through 2022, says ECB’s Rehn
FRANKFURT (Reuters) - Supply chain bottlenecks that are dampening euro zone growth and pushing up inflation will linger throughout 2022, European Central Bank policymaker Olli Rehn said on Friday. Sig...
Syndicated Content Nov 12, 2021
Shares of embattled China Evergrande Group rise to 1-1/2-month high
HONG KONG (Reuters) - Shares of China Evergrande Group extended gains to as much as 16% on Friday afternoon to the highest since Sept. 30, after the cash-strapped developer once again averted a destab...
Syndicated Content Nov 12, 2021
AstraZeneca vaccine turns profitable in Q3, drugmaker banking on new orders
(Reuters) - AstraZeneca's COVID-19 vaccine contributed one cent to earnings per share in the third quarter and it expects the shot to move to "modest profitability" on new orders after the drugmaker o...
Syndicated Content Nov 12, 2021
Hapag-Lloyd nine-month net profit soars over 10-fold on record freight rates
FRANKFURT (Reuters) - German container shipping line Hapag-Lloyd reported a more than 10-fold surge in nine-month net profit on Friday, citing record freight rates amid scarce transport capacities and...
Syndicated Content Nov 12, 2021
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