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IMF says global debt well above pre-pandemic levels despite steep 2021 drop
By Andrea Shalal WASHINGTON (Reuters) - Global public and private debt saw its biggest drop in 70 years in 2021 after reaching record highs because of the impacts of COVID-19, but overall remained wel...
Syndicated Content Dec 12, 2022
Uralsib completes purchase of Citi’s Russian consumer loan portfolio
MOSCOW (Reuters) -Russian commercial bank Uralsib said on Monday it had completed the acquisition of a portfolio of consumer loans from Citigroup Inc's Russian unit, as the major U.S. lender reduces i...
Syndicated Content Dec 12, 2022
Crypto winter end in sight as Ethereum looks to shake the chills- analysts
(Reuters) - Most big banks and investment managers expect the cryptocurrency market to pick up in 2023 after a brutal year that saw bitcoin sink around 75% from its all-time high in November last year...
Syndicated Content Dec 12, 2022
Apple should face 6 million euro fine, advisor to French privacy watchdog says
By Mathieu Rosemain PARIS (Reuters) -Apple should face a 6 million euro ($6.3 million) fine for breach of privacy rules, the top advisor to French data protection authority's sanction body recommended...
Syndicated Content Dec 12, 2022
‘Avatar’ and ‘Top Gun’ sequels land Golden Globe nominations
By Lisa Richwine and Danielle Broadway LOS ANGELES (Reuters) - "Avatar: The Way of Water" and "Top Gun: Maverick" were named among the contenders for Golden Globe awards next month when the ceremony r...
Syndicated Content Dec 12, 2022
EU wrangles with Hungary over Ukraine aid, tax plan as billions at risk
By Gabriela Baczynska BRUSSELS (Reuters) - Germany pointedly reminded Hungary on Monday of the importance of the European Union's democratic values as the bloc threatens to keep billions from Budapest...
Syndicated Content Dec 12, 2022
Nestle to launch new Ukraine facility in rare war-time investment
KYIV (Reuters) - Nestle (NESN.S) will invest 40 million Swiss francs ($42.88 million) to launch a new production facility in western Ukraine, the company said on Monday. Nestle is one of very few inte...
Syndicated Content Dec 12, 2022
Playtika to cut workforce by about 15%
(Reuters) - Israeli gaming firm Playtika Holding Corp said on Monday it would cut its workforce by about 15% as part of a restructuring, as the gaming sector faces a slowdown. The company, which has m...
Syndicated Content Dec 12, 2022
Brent could quickly top $90/bbl on Fed pivot, China demand recovery – BofA
(Reuters) - Global oil benchmark Brent could rebound and quickly rise past $90 per barrel on the back of a dovish pivot in the U.S. Federal Reserve's monetary policy and a "successful" economic reopen...
Syndicated Content Dec 12, 2022
Guangzhou R&F co-founder wanted in U.S. for ‘bribery’, London court hears
By Sam Tobin LONDON (Reuters) - The billionaire co-founder of Guangzhou R&F Properties Co Ltd is wanted in the United States accused of paying kickbacks to obtain permits for a construction project in...
Syndicated Content Dec 12, 2022
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