Category Archives:
Swiss Re, Baidu team up in autonomous driving business
ZURICH (Reuters) - Swiss Re and Chinese tech group Baidu are teaming up to help advance autonomous driving, the Swiss reinsurer said on Friday. Swiss Re will provide risk management expertise and insu...
Nov 19, 2021
Sold! Auction houses and clothes shoppers lift UK retail sales
LONDON (Reuters) -Auction houses and shoppers seeking new clothes for the Christmas holidays lifted British retail sales last month by more than expected, adding to recent signs that a slowdown in the...
Nov 19, 2021
Higher core yields, sticky inflation see JPMorgan turn cautious on emerging EMEA FX
LONDON (Reuters) - JPMorgan said on Friday it expected currencies in Europe, Middle East and Africa to broadly suffer due to the prospect of higher core bond yields in developed markets, turning "unde...
Nov 19, 2021
As dual listings fall out of favour, Rio Tinto set to hold the line
By Clara Denina and Melanie Burton (Reuters) - Global miner Rio Tinto Ltd has no plans to follow in the footsteps of peers BHP and Shell to collapse its dual listing, people familiar with its thinking...
Nov 19, 2021
IMF urges China to tackle financial risks in ‘clear and coordinated’ fashion
By Leika Kihara TOKYO (Reuters) - China must address financial risks in a "clear and coordinated fashion" and temporarily shift its fiscal policy to a neutral stance from this year's contractionary ap...
Nov 19, 2021
Binance U.S. may raise ‘couple hundred million’ in funding, CEO says
By Nikhil Nainan (Reuters) - Binance's U.S. unit may raise a "couple hundred million" dollars in a funding round set to close in a month or two and the global cryptocurrency exchange has also decided ...
Nov 19, 2021
Canada’s Trudeau comes up short on EV tax credits, says will keep pushing
By Steve Scherer WASHINGTON (Reuters) - Canadian Prime Minister Justin Trudeau returns to Ottawa on Friday after failing to convince President Joe Biden to scrap proposed electric-vehicle tax credits ...
Nov 19, 2021
Nationwide profit more than doubles on UK economic rebound
LONDON (Reuters) -Nationwide Building Society reported half-year profits more than doubled on Friday, as it cashed in on Britain's economic rebound. The customer-owned mortgage lender reported pretax ...
Nov 19, 2021
Insurers run from ransomware cover as losses mount
By Carolyn Cohn LONDON (Reuters) - Insurers have halved the amount of cyber cover they provide to customers after the pandemic and home-working drove a surge in ransomware attacks that left them smart...
Nov 19, 2021
Australian green group looks to derail Woodside’s $12-billion gas project
MELBOURNE (Reuters) - Lawyers for the Conservation Council of Western Australia have sent letters to Woodside Petroleum and the country's energy minister seeking to delay, if not stop, the company's S...
Nov 19, 2021
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