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EU ministers stress need for EU budget rules to support investment
BRDO, Slovenia (Reuters) - European Union finance ministers stressed on Friday that any changes to EU budget rules, now under review, should support continued investment in the post-pandemic economy. ...
Syndicated Content Sep 10, 2021
Chip shortage pushes Reliance, Google to delay India smartphone launch
BENGALURU (Reuters) - Indian conglomerate Reliance Industries delayed the launch of a low-cost smartphone it is developing with Google to November, citing an industry-wide semiconductor shortage. The ...
Syndicated Content Sep 10, 2021
European stocks track Asian equities higher
(Reuters) - European stocks inched higher on Friday, tracking a positive trading session in Asia, even as investors weighed risks from tighter monetary policies after the European Central Bank signall...
Syndicated Content Sep 10, 2021
JPMorgan slashes price target for troubled China property giant Evergrande
LONDON (Reuters) - Investment bank JPMorgan slashed its price target for China's debt-hobbled property giant Evergrande Group to HK$2.80 from HK$7.20 on Friday, saying there was likely to be more nega...
Syndicated Content Sep 10, 2021
Marketmind: Hitting the buffers
A look at the day ahead from Sujata Rao. A phone chat between the U.S. and Chinese presidents has made all the difference to markets' mood: world stocks have snapped a three-day losing streak, the yua...
Syndicated Content Sep 10, 2021
China lobbies Australia parliament on joining regional trade pact
SYDNEY (Reuters) - China has lobbied the Australian parliament to help it join a major regional trading pact, describing the strength of Chinese trade with Australia and avoiding mention of billions o...
Syndicated Content Sep 10, 2021
Toyota cuts annual auto production target on shortage of chips, parts
TOKYO (Reuters) - Toyota Motor Corp, the worlds biggest automaker by sales volume, cut its annual production target on Friday by 300,000 vehicles because of a global shortage of chips and supplies of ...
Syndicated Content Sep 10, 2021
Swiss exchange SIX receives regulatory clearance for digital asset bourse
ZURICH (Reuters) - Swiss stock exchange SIX has received regulatory approval from the financial market supervisor for its new SDX bourse, it said on Friday, paving the way for it to go live with its m...
Syndicated Content Sep 10, 2021
China to kick off long-awaited Wealth Connect wrapping in HK, Macau
SHANGHAI (Reuters) - China will launch on Friday a long-awaited Wealth Management Connect scheme linking its southern province of Guangdong with neighbouring Hong Kong and Macau, as Beijing moves to i...
Syndicated Content Sep 10, 2021
China vehicle sales slid 18% in August – industry body
BEIJING (Reuters) - China's auto sales fell 17.8% in August from the corresponding month a year earlier, industry data showed on Friday. Overall sales in the world's biggest car market stood at 1.8 mi...
Syndicated Content Sep 10, 2021
Peoria, IL, USA
54 °F Overcast
