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UK consumers upped borrowing in November by most in 16 months – BoE
LONDON (Reuters) - British consumers increased their borrowing in November by the most since July 2020, Bank of England data showed on Tuesday. Consumer credit rose by a net 1.233 billion pounds ($1.6...
Syndicated Content Jan 04, 2022
German labour market remains resilient despite rising COVID cases
BERLIN (Reuters) - German unemployment fell more than expected in December, data showed on Tuesday, in a further sign that the labour market in Europe's largest economy remains resilient despite risin...
Syndicated Content Jan 04, 2022
Some European reinsurance rates rise by over 50% at Jan 2022 renewals
LONDON (Reuters) - Some European property reinsurance rates rose by more than 50% at Jan. 1 renewals after the region suffered record insured losses last year from natural catastrophes such as floods ...
Syndicated Content Jan 04, 2022
Spain’s jobless number hits lowest for a December since 2007
MADRID (Reuters) - The number of registered jobless in Spain fell by 76,782 people, or 2.41%, in December from November, leaving 3.1 million people out of work, Labour Ministry data showed on Tuesday....
Syndicated Content Jan 04, 2022
Tesla criticised for opening showroom in China’s Xinjiang region
SHANGHAI (Reuters) - Tesla's announcement that it has opened a showroom in Xinjiang has attracted criticism from U.S. rights and trade groups, making it the latest foreign firm caught up in tensions r...
Syndicated Content Jan 04, 2022
Drone attack on U.S. forces foiled west of Baghdad
BAGHDAD (Reuters) - Two explosive-laden drones were shot down on Tuesday by Iraq's air defenses as they approached the Ain al-Asad air base, which hosts U.S. forces, west of Baghdad, an official of th...
Syndicated Content Jan 04, 2022
Marketmind: Party like it’s 2022
A look at the day ahead from Julien Ponthus While many New Year Eve celebrations across the world were scaled down or cancelled due to the surge of the Omicron coronavirus variant, financial markets h...
Syndicated Content Jan 04, 2022
China’s quant funds become victims of their own success
By Samuel Shen and Selena Li SHANGHAI/HONG KONG (Reuters) - China's algorithm-driven quant funds boomed in 2021 as investors sought alternatives to a languid stock market, but the final months of the ...
Syndicated Content Jan 04, 2022
China central bank launches digital yuan wallet apps for Android, iOS
SHANGHAI (Reuters) - China has released pilot versions of its digital yuan wallet application on mobile phone app stores as the country's central bank steps up its push to develop its own digital curr...
Syndicated Content Jan 04, 2022
German retail sales rebound in November
BERLIN (Reuters) - German retail sales rose unexpectedly in November, data showed on Tuesday, lifting annual retail sales to a record high despite renewed restrictions in the coronavirus pandemic whic...
Syndicated Content Jan 04, 2022
Peoria, IL, USA
55 °F Partly cloudy
