Category Archives:
Cathay Pacific to post narrower-than-expected 2021 annual loss
(Reuters) - Hong Kong's Cathay Pacific Airways Ltd said on Monday it expected to post a narrower-than-expected HK$5.6 billion ($719.05 million) to HK$6.1 billion annual loss for 2021 but cash burn was...
Jan 23, 2022
Activist investor Blackwells Capital to call on Peloton to fire CEO -WSJ
(Reuters) - Activist investor Blackwells Capital LLC is preparing to push Peloton Interactive Inc's board to fire Chief Executive Officer John Foley and explore a sale of the exercise bike maker, the ...
Jan 23, 2022
China property sector could see “significant” policy easing -BNP Paribas
NEW YORK (Reuters) - China's real estate sector will likely see "significant easing" in the policies that govern it, BNP Paribas Asset Management said, months after starting to build a long position i...
Jan 23, 2022
Hong Kong’s financial sector faces talent crunch as expats head for the exit
By Scott Murdoch and Kane Wu HONG KONG (Reuters) - Late last year, Tania Sibree quit her well-paid job as a financial services lawyer in Hong Kong and returned to Australia rather than live a moment l...
Jan 23, 2022
Sycamore Partners approaches Kohl’s with a potential takeover offer -Bloomberg News
(Reuters) - U.S. department store chain Kohl's Corp has been approached by private equity firm Sycamore Partners about a potential takeover offer, Bloomberg News reported on Sunday, citing people fami...
Jan 23, 2022
Crews make progress against California wildfire that triggered evacuations
(Reuters) - Firefighters on Sunday made progress in battling a blaze burning near the mountainous Big Sur area in California that forced evacuations and shuttered a major highway. The Colorado Fire, w...
Jan 23, 2022
ECB’s Rehn expects euro zone inflation of around 2% in next two years -Handelsblatt
BERLIN (Reuters) - The drivers of inflation in the euro zone will subside over the course of the year and inflation will hover around the European Central Bank's price stability target of 2% in the ne...
Jan 23, 2022
China Evergrande appoints EV unit chairman as executive director
(Reuters) - China Evergrande Group said on Sunday it had appointed its Energy Vehicle unit's chairman as an executive director. Evergrande said in a Hong Kong Stock Exchange filing that Siu Shawn, 50,...
Jan 23, 2022
‘Spider-Man: No Way Home’ Swings to Sixth-Highest Grossing Movie in History With $1.69 Billion Globally
By Rebecca Rubin LOS ANGELES (Variety.com) - Add another notch on "Spider-Man: No Way Home's" long list of box office achievements. Over the weekend, Sony's comic book adventure became the sixth-highe...
Jan 23, 2022
U.S. Capitol riot probe to report any phony elector evidence to Justice Dept-chairman
WASHINGTON (Reuters) - The U.S. House probe of the deadly assault on the Capitol will share with federal prosecutors any evidence of potential crimes aimed at pushing phony Republican electors in stat...
Jan 23, 2022
Peoria, IL, USA
79 °F Partly cloudy
