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Stocks to see in New Year near record highs after banner 2021
By Tommy Wilkes LONDON (Reuters) - Stock markets dipped on Friday in thin trading but were set to see in the New Year with double-digit gains for 2021 while oil prices hovered near $80 a barrel follow...
Dec 31, 2021
China to cut new energy vehicle subsidies by 30% in 2022
BEIJING (Reuters) - China will cut its subsidies on new energy vehicles (NEV), such as electric cars, by 30% next year, the Finance Ministry said on Friday. In a notice published on its website, the M...
Dec 31, 2021
Tesla recalls some model 3 and model S vehicles in China
BEIJING (Reuters) - China's market regulator said on Friday that Tesla Inc will recall 19,697 imported model S vehicles, 35,836 imported model 3s, and 144,208 China-made model 3 vehicles in China. Tes...
Dec 31, 2021
China’s graft agency warns Walmart and Sam’s Club over alleged removal of Xinjiang products
BEIJING (Reuters) - China's graft enforcement agency has warned Walmart Inc and its membership chain Sam's Club over its alleged removal of Xinjiang products on Friday. "Walmart must respect China's s...
Dec 31, 2021
Swiss National Bank takes gas off forex purchases during Q3
ZURICH (Reuters) - The Swiss National Bank spent 2.79 billion Swiss francs ($3.05 billion) on foreign currencies during the third quarter, according to data from the central bank on Friday, showing it...
Dec 31, 2021
China commerce ministry expects retail sales to reach around 50 trln yuan by 2025
BEIJING (Reuters) - China expects its retail sales to reach around 50 trillion yuan by 2025, the Ministry of Commerce said on Friday. China will further strengthen the effect of consumption on economi...
Dec 31, 2021
Global M&A volumes hit record high in 2021, breach $5 trillion for first time
By Niket Nishant (Reuters) - Global dealmaking is set to maintain its scorching pace next year, after a historic year for merger and acquisition (M&A) activity that was fueled largely by easy availabi...
Dec 30, 2021
China makes REITs push to speed up infrastructure investment
SHANGHAI (Reuters) - China's state planner is making a nationwide push to boost the country's nascent real estate investment trusts (REITs) market, as Beijing seeks to speed up infrastructure investme...
Dec 30, 2021
China’s Huawei says 2021 revenues down almost 30%, sees challenges ahead
BEIJING (Reuters) -Chinese telecoms equipment giant Huawei Technologies Co Ltd, battered by U.S. sanctions, expects 2021 revenue to have declined nearly 30% and predicted continued challenges in the N...
Dec 30, 2021
Understaffed U.S. transit agencies adjust services as Omicron surges
By Danielle Kaye NEW YORK (Reuters) - Transportation agencies across the U.S. are suspending or reducing service due to COVID-19 staff shortages as the Omicron variant surges nationwide. New York's Me...
Dec 30, 2021
Peoria, IL, USA
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