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ING bank reports better than expected $2.5 billion Q2 pretax profit
AMSTERDAM (Reuters) - ING Groep NV, the Netherlands' largest financial services group, reported on Friday a better than expected second quarter pretax profit of 2.07 billion euros ($2.45 billion) amid...
Syndicated Content Aug 06, 2021
Allianz sees rosier 2021 outlook after 46% rise in Q2 profit
FRANKFURT (Reuters) -German insurer Allianz on Friday posted a better-than-expected 46% jump in second-quarter net profit and provided a rosier outlook for the full year as it emerges from pressure on...
Syndicated Content Aug 06, 2021
India court says arbitration order stopping Future’s $3.4 billion retail deal valid
NEW DELHI (Reuters) - India's top court on Friday ruled that Future Retail's $3.4 billion deal to sell its retail assets was bound by an arbitrator's order that put the transaction on hold, in a big b...
Syndicated Content Aug 06, 2021
Six, including pilot, killed in crash of Alaska sightseeing plane
By Yereth Rosen ANCHORAGE, Alaska (Reuters) - Six people were killed on Thursday when a sightseeing plane crashed in a mountainous area of southeast Alaska, officials said, leaving no survivors. The c...
Syndicated Content Aug 06, 2021
Kakao Bank becomes S.Korea’s biggest lender by market value in stellar debut
By Joyce Lee and Heekyong Yang SEOUL (Reuters) - Digital lender Kakao Bank Corp made a stunning debut on Friday, surging 65% from its IPO price to become South Korea's biggest financial services firm ...
Syndicated Content Aug 06, 2021
U.S. DOJ repatriates another $452 million in 1MDB funds to Malaysia
KUALA LUMPUR (Reuters) - The U.S. Department of Justice (DOJ) has repatriated $452 million in misappropriated funds from 1Malaysia Development Bhd (1MDB), it said in a statement on Thursday, bringing ...
Syndicated Content Aug 06, 2021
Chinese EV maker Li Auto to raise $1.52 billion in Hong Kong listing – sources
By Scott Murdoch HONG KONG (Reuters) - Chinese electric vehicle maker Li Auto is targetting raising $1.52 billion in its Hong Kong dual primary listing at HK$118 per share, said three sources with dir...
Syndicated Content Aug 05, 2021
U.S. job growth seen strong as technical factors provide a boost
By Lucia Mutikani WASHINGTON (Reuters) - U.S. job growth likely remained robust in July amid shifts in seasonal employment at schools caused by the pandemic, which could mask some softening in underly...
Syndicated Content Aug 05, 2021
Cooling measures doing little to slow New Zealand’s housing boom
By Praveen Menon WELLINGTON (Reuters) - Desperation among homebuyers is pushing New Zealand house prices to record highs, overpowering the government's efforts to rein in the red-hot market and puttin...
Syndicated Content Aug 05, 2021
Chinese online platforms need to rein in celebrity “star-making” – state-media
SHANGHAI (Reuters) - Chinese online platforms ought to rein in the over promotion of celebrities in order to protect minors, an op-ed article published in the state-owned People's Daily said on Friday...
Syndicated Content Aug 05, 2021
Peoria, IL, USA
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