Author Archives: Syndicated Content
Goldman warns of bonus cuts for traders - Bloomberg News
(Reuters) - Goldman Sachs Group Inc plans to cut the year-end bonuses for its traders, Bloomberg News reported on Friday, as the Wall Street giant looks to trim costs. Executives at the investment ban...
Dec 02, 2022
Malaysia PM Anwar says he will also serve as finance minister
KUALA LUMPUR (Reuters) - Malaysian Prime Minister Anwar Ibrahim said on Friday that he would also serve as the country's finance minister. Anwar, who became premier last week, named Ahmad Zahid Hamidi...
Dec 02, 2022
Global equity funds post biggest weekly outflow in six weeks
(Reuters) - Global equity funds recorded enormous outflows in the week ended on Nov. 30 as investors booked profits - after a rally in the last month - amid concerns about global economic growth due t...
Dec 02, 2022
India extends deadline to levy cap on digital payment transactions
MUMBAI (Reuters) - India has decided to extend the deadline on capping the share of digital payment transactions by about two years to Dec. 31, 2024, the National Payments Corporation of India (NPCI) ...
Dec 02, 2022
Factbox-Global banks take axe to jobs as cost pressures mount
LONDON (Reuters) - Banks typically trim jobs towards the end of the year, but 2022 has seen a bigger wave of redundancies and layoffs. Rising cost pressures as a result of inflation and shrinking reve...
Dec 02, 2022
Kenya's president suspends senior election officials who disowned his win
By George Obulutsa and Ayenat Mersie NAIROBI (Reuters) - Kenya's President William Ruto has suspended four election commissioners who disowned his win in an August election and formed a panel to inves...
Dec 02, 2022
Syria's army takes credit for killing IS leader in October -state media
BEIRUT (Reuters) - Syria's army has taken credit for killing the head of the Islamic State (IS) jihadist group in an operation in the country's south in October, state media reported on Friday. Abu al...
Dec 02, 2022
Irish domestic economy shrank in Q3 following Q2 investment boom
DUBLIN (Reuters) - Ireland's domestic economy shrank by 1.1% quarter-on-quarter from July to September, following the strong investment driven growth of 4.7% in the second quarter of the year, data fr...
Dec 02, 2022
Germany's Scholz welcomes Biden's openness to tweaking U.S. inflation act
BERLIN (Reuters) - German Chancellor Olaf Scholz welcomed comments by U.S. President Joe Biden that he is open to tweaking the Inflation Reduction Act that has raised fears in Europe of losing investm...
Dec 02, 2022
No one can bypass EU sanctions against Russia through Serbia, Vucic says
BELGRADE (Reuters) - Serbian President Aleksandar Vucic said on Friday no one can bypass European Union sanctions against Russia through Serbia. "We have reacted in cases of re-export of certain goods...
Dec 02, 2022
