Author Archives: Syndicated Content
Investment banks rush to cut yuan forecasts again after April revisions
By Winni Zhou and Alun John SHANGHAI/HONG KONG (Reuters) - Major investment houses are cutting their forecasts for the yuan for the second time in just three weeks as the Chinese currency's recent sha...
May 16, 2022
China regulator says Tesla recalling 107,293 China-made Model 3, Model Y vehicles
BEIJING (Reuters) - China's market regulatory agency said on Monday that Tesla Inc is recalling 107,293 China-made Model 3 and Model Y vehicles due to overheating that may cause the centre touchscreen...
May 16, 2022
Russian rouble hovers near five-year highs vs euro, stocks up
(Reuters) - The Russian rouble firmed past 64 per dollar on Monday and climbed towards a near five-year high against the euro, supported by continuing restrictions on currency trading. The rouble is t...
May 16, 2022
China's thermal coal futures mute as Beijing reins in commodity inflation
BEIJING (Reuters) - Trade in China's thermal coal futures has almost come to a halt, after Beijing stepped up its control of coal prices to rein in the soaring costs of energy and raw materials. The f...
May 16, 2022
Some Ethiopians claim forced recruitment by Tigrayan forces
By Giulia Paravicini and Katharine Houreld ADDIS ABABA/NAIROBI (Reuters) - Authorities in Ethiopia's war-shattered Tigray region are forcing young people to join their army's fight against the central...
May 16, 2022
Japan's top lender MUFG reports 64.4% drop in Q4 net profit
TOKYO (Reuters) - Mitsubishi UFJ Financial Group Inc (MUFG), Japan's largest lender, on Monday reported a 64.4% drop in fourth-quarter net profit. MUFG, which owns about 20% of Wall Street bank Morgan...
May 16, 2022
Vodafone shares up 4% after UAE group buys 9.8% stake
LONDON (Reuters) -Shares in Vodafone jumped 4% in early trade on Monday after the United Arab Emirates-based telecoms company e& revealed it had bought a 9.8% stake in the British mobile operator. For...
May 16, 2022
Grayscale to launch digital assets ETF in UK, Italy, Germany
By Elizabeth Howcroft LONDON (Reuters) - Grayscale will list an exchange-traded fund (ETF) in Europe made up of companies representing the "Future of Finance", the world's largest cryptocurrency asset...
May 16, 2022
Austria says EU will find agreement on Russia sanctions in the next days
BRUSSELS (Reuters) - Austria expects the European Union to agree on a sixth sanctions package on Russia in the coming days, Foreign Minister Alexander Schallenberg said on Monday. "I am confident that...
May 16, 2022
Ireland says EU ready to work with Britain but protocol must be respected
BRUSSELS (Reuters) - Irish Foreign Minister Simon Coveney said on Monday that the European Union is ready to talk with Britain to resolve the issues in their Northern Irish trade dispute, but the curr...
May 16, 2022
