Category Archives:
BA-parent IAG warns of 3 billion euro loss for 2021
LONDON (Reuters) -British Airways parent company IAG said it was heading for a 3 billion euro ($3.5 billion) loss for 2021, but added that the reopening of transatlantic travel would help its aim to r...
Syndicated Content Nov 05, 2021
Banco BPM aims to top 1 billion euro profit in 2024, bring insurance in house
MILAN (Reuters) - Banco BPM said on Friday it targeted a net profit of more than 1 billion euros ($1.2 billion) in 2024 under a new plan which envisaged Italy's third-largest bank acquiring full owner...
Syndicated Content Nov 05, 2021
Analysis-Indonesia, India beckon as Fed tapers without tantrums
By Tom Westbrook and Anushka Trivedi SINGAPORE (Reuters) - Last time the Federal Reserve moved toward reducing bond buying, it triggered a rush of funds out of emerging markets. This time is different...
Syndicated Content Nov 05, 2021
Poland’s Allegro buys Czech online retailer Mall for $1 billion
(Reuters) - Polish e-commerce group Allegro has agreed to buy Czech online retailer Mall Group for 881 million euros ($1.02 billion) to create a regional platform in what would be its first significan...
Syndicated Content Nov 05, 2021
J&J fails in final bid to appeal Australian pelvic mesh class action ruling
By Sonali Paul MELBOURNE (Reuters) - Australia's High Court on Friday refused to hear an appeal that Johnson & Johnson sought to overturn a federal court ruling that its subsidiary, Ethicon, had sold ...
Syndicated Content Nov 05, 2021
Fukushima farmers fear contaminated water could hurt business 10 years after nuclear disaster
By Sakura Murakami IWAKI, Japan (Reuters) - Farmers in Japan's northeastern Fukushima fear the release of water from the crippled power plant there could revive concerns about contamination and again ...
Syndicated Content Nov 05, 2021
Indonesia takes over land controlled by Suharto son’s firm
JAKARTA (Reuters) - Indonesia's government on Friday took over land assets linked to an automaker company owned by the son of late president Suharto, in its latest attempt to recover money from the on...
Syndicated Content Nov 05, 2021
Honda lowers profit outlook 15% amid chip shortage
TOKYO (Reuters) - Honda Motor Co cut its full-year profit forecast by 15% on Friday, to 660 billion yen, as a global chip shortage has forced it to cut vehicle output. Like other automakers, Honda's p...
Syndicated Content Nov 05, 2021
Kaisa, units trading suspended as debt crisis routs Chinese developers’ shares
By Andrew Galbraith, Clare Jim and Donny Kwok HONG KONG/SHANGHAI (Reuters) - Kaisa Group Holdings Ltd and three of its units had their shares suspended from trading on Friday, a day after an affiliate...
Syndicated Content Nov 05, 2021
Israeli parliament approves 2022 budget
JERUSALEM (Reuters) -Israel's parliament approved a 2022 national budget on Friday by a vote of 59 to 56, giving a greater measure of fiscal stability to Prime Minister Naftali Bennett's cross-partisa...
Syndicated Content Nov 05, 2021
Peoria, IL, USA
67 °F Partly cloudy
