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Israeli blockchain chip startup Chain Reaction raises $70 million
By Jane Lanhee Lee OAKLAND, Calif. (Reuters) - Tel Aviv-based blockchain chip startup Chain Reaction on Thursday said it raised $70 million which will be used to expand its engineering team as it deve...
Syndicated Content Feb 23, 2023
OTE raises dividend, sticks to fast network investments
ATHENS (Reuters) - OTE Group, Greece's biggest telecoms operator, increased its payout to shareholders this year and said it would continue investing in fast fibre broadband connections to homes and i...
Syndicated Content Feb 23, 2023
Bank of Israel chief convened stability panel amid market turmoil -media
JERUSALEM (Reuters) - Bank of Israel Governor Amir Yaron held an emergency meeting of the country's Financial Stability Committee late on Wednesday to discuss developments in the financial markets inc...
Syndicated Content Feb 23, 2023
In China, more families on the fence on home buying, foreclosures cloud sector
BEIJING (Reuters) - The number of Chinese households that decided against buying a home soared in the fourth quarter of 2022, a private survey showed, as COVID infections and lockdowns sapped sentimen...
Syndicated Content Feb 23, 2023
Bearish bets on Asian FX return on renewed woes over Fed rate hikes – Reuters poll
By Tejaswi Marthi (Reuters) - Investors returned to placing bearish bets on all Asian currencies shortly after on the increasing likelihood that the U.S. Federal Reserve would continue hiking rates fo...
Syndicated Content Feb 23, 2023
UBS set to apply for China mutual fund license – WSJ
(Reuters) - Switzerland's biggest bank UBS Group AG is looking to apply for a mutual fund license in China, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The Sw...
Syndicated Content Feb 23, 2023
Hotel group Accor beats profit estimates on strong December activity
(Reuters) - Europe's biggest hotel group Accor on Thursday reported annual core profit ahead of market expectations and its own guidance, citing "very good" activity in December. Boosted by demand for...
Syndicated Content Feb 23, 2023
Real interest rate of about 1% appropriate for Indian economy – rate panel’s Goyal
By Ira Dugal and Swati Bhat MUMBAI (Reuters) - The Reserve Bank of India need not keep raising rates until prices fall as it risks overshooting the inflation-adjusted real rate, which at around 1% now...
Syndicated Content Feb 23, 2023
Analysis-Competition hots up as British banks fight to keep earnings rising faster than costs
By Lawrence White, Iain Withers and Sinead Cruise LONDON (Reuters) - British banks face a tougher battle for mortgage customers and business borrowers in 2023, as rising costs and deposit rates paid t...
Syndicated Content Feb 23, 2023
Telekom reports Q4 growth, forecasts slightly higher earnings in 2023
By James Imam BERLIN (Reuters) -Deutsche Telekom reported better-than-expected-fourth-quarter earnings on Thursday, citing customer growth in Germany and strong performance from T-Mobile US, and forec...
Syndicated Content Feb 23, 2023
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