Category Archives:
LVMH shares rise after luxury giant’s Q4 sales growth accelerated
PARIS (Reuters) - Shares in LVMH rose on Friday after the world's largest luxury goods conglomerate reported an acceleration in its fourth quarter sales growth. LVMH shares were up 3.9 percent in earl...
Jan 28, 2022
Russian authorities draw up ‘road map’ to regulate cryptocurrencies -document
By Alexander Marrow and Elena Fabrichnaya MOSCOW (Reuters) - Russian authorities have drawn up a 'road map' that envisages restrictions on cryptocurrencies but not a complete ban as advocated by the c...
Jan 28, 2022
Britain’s Cineworld hit by appeal in Cineplex legal battle
(Reuters) - Cineworld Group said on Friday Canada's Cineplex Inc filed an appeal against its plea challenging an order the British cinema operator pay C$1.23 billion ($965.92 million) in damages to Ci...
Jan 28, 2022
Marketmind: Transatlantic split
A look at the day ahead from Sujata Rao. After U.S. Q4 GDP came in at an annualised 6.9%, the highest since 1983, could Europe go one better? Yes and no. France just posted data showing the economy in...
Jan 28, 2022
BOJ’s Kuroda says targeting shorter yield under YCC among future options
TOKYO (Reuters) - The Bank of Japan could consider targeting a shorter maturity than the current 10-year bond yield as an option when the time comes to exit its ultra-easy policy, the central bank's g...
Jan 28, 2022
China regulator issues draft rules for cyberspace content providers
(Reuters) - China's cyberspace regulator issued draft rules on Friday for content providers that use deep learning and virtual reality technology, the latest measure to mould a cyberspace that promote...
Jan 28, 2022
Steelmaker POSCO’s 2021 profit jumps on strong demand
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korean steelmaker POSCO's operating profit more than tripled to a record 9.2 trillion won ($7.62 billion), boosted by strong demand and higher pri...
Jan 28, 2022
Italy’s A2A ups investments to 18 billion euros by 2030 to cut carbon footprint
MILAN (Reuters) - Italy's largest regional utility A2A said late on Thursday it would increase by 2 billion euros ($2.23 billion) investments aimed at cutting carbon emissions while improving its 2030...
Jan 28, 2022
UK’s Capita to sell IT services business Trustmarque for $149 million
(Reuters) - British outsourcer Capita Plc said on Friday it would sell its IT services and solutions business Trustmarque to private equity firm One Equity Partners for 111 million pounds ($148.64 mil...
Jan 28, 2022
Carmaker Stellantis flags improved business performance in China
PARIS (Reuters) - Carmaker Stellantis on Friday said that its business performance in China improved markedly in 2021, with its Dongfeng Peugeot Citroen Automobile selling more than 100,000 vehicles. ...
Jan 28, 2022
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