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Marketmind: A heavy dose of caution
A look at the day ahead from Saikat Chatterjee. China's disappointing monthly activity data suggests the world's No.2 economy is losing steam more quickly than anticipated and sets the scene for a cau...
Syndicated Content Aug 16, 2021
U.S. Gulf of Mexico oil producers consolidation accelerates
By Gary McWilliams HOUSTON (Reuters) - Oil and gas producers in U.S. Gulf of Mexico have consolidated at a faster rate during the pandemic, new government data shows, as crashing prices squeezed out s...
Syndicated Content Aug 16, 2021
U.S. investors lean on blank-check firms in search for energy transition targets
By Jessica Resnick-Ault NEW YORK (Reuters) - Former U.S. oil investment bankers, portfolio managers and executives have formed over 20 listed blank-check companies to take renewable energy companies p...
Syndicated Content Aug 16, 2021
Didi says will be more transparent on drivers’ income after criticism
BEIJING (Reuters) - China's Didi Global Inc said on Monday drivers in several Chinese cities will be able to know details on how Didi pays them, the first big move by the ride-hailing giant after it w...
Syndicated Content Aug 16, 2021
China cbank offers more medium-term loan than expected to cushion economic slowdown
SHANGHAI (Reuters) - China's central bank injected billions of yuan through medium-term loans into the financial system on Monday, which many market participants interpreted as an effort to prop up th...
Syndicated Content Aug 15, 2021
HSBC to buy Axa’s insurance assets in Singapore for $575 million
SINGAPORE (Reuters) - HSBC said on Monday it had agreed to acquire Axa's insurance assets in Singapore for $575 million as it scales up its insurance business. "The proposed acquisition, which is subj...
Syndicated Content Aug 15, 2021
U.S banks walk tightrope of encouraging, but not mandating vaccines
By Elizabeth Dilts Marshall and Noor Zainab Hussain NEW YORK (Reuters) - Big Wall Street banks have started enforcing stricter mask and vaccine requirements for staff, sometimes communicating them beh...
Syndicated Content Aug 15, 2021
China refinery output falls to lowest in 14 mths as teapots cut runs
By Chen Aizhu and Muyu Xu SINGAPORE/BEIJING (Reuters) - China's daily crude throuhgput last month fell to the lowest since May 2020 as independent plants slashed production amid a tighter quotas, high...
Syndicated Content Aug 15, 2021
China July industrial output up 6.4%, retail sales miss forecasts
BEIJING (Reuters) - China's industrial output rose 6.4% in July from a year ago, well behind expectations, official data showed on Monday, amid signs of increasing pressure on China's economy. Analyst...
Syndicated Content Aug 15, 2021
China July new home prices growth hits slowest since January
BEIJING (Reuters) -China's new home prices in July rose at the slowest clip since January, official data showed on Monday, after authorities further tightened curbs on the sector, including limits on ...
Syndicated Content Aug 15, 2021
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