Author Archives: Syndicated Content
Indian court lifts block on $725 million of Xiaomi's assets in royalty case - sources
By Aditya Kalra NEW DELHI (Reuters) - An Indian court has put on hold a federal enforcement agency's decision to seize $725 million from local bank accounts of China's Xiaomi Corp for suspected violat...
May 06, 2022
ECB must quickly raise key rates, says head of Germany's Ifo institute
BERLIN (Reuters) - The European Central Bank must quickly raise interest rates in line with the United States, given high inflation in the euro zone, the head of Germany's Ifo institute told the Augsb...
May 06, 2022
ING reports $452 million Q1 profit, earnings hit by provisions at wholesale arm
AMSTERDAM (Reuters) - ING Groep NV, the largest Dutch bank, reported on Friday worse-than-expected first quarter net income of 429 million euros ($452 million), including provisions of 885 million eur...
May 06, 2022
Explainer: Why are U.S. natural gas prices soaring?
(Reuters) - U.S. natural gas prices are surging, with the benchmark futures contract rising to a 13-year high of $8.74 per million British thermal units, at a time when that fuel's price tends to dip ...
May 06, 2022
U.S. fuel prices surge faster than crude as exports tighten market
By Stephanie Kelly NEW YORK (Reuters) - U.S. fuel prices have surged faster than crude oil prices in the last month, as the United States has shipped more refined products abroad to supply European ma...
May 06, 2022
MLB roundup: Mets stun Phils with 7-run ninth
Francisco Lindor and Starling Marte homered and the New York Mets scored seven runs in the ninth inning to rally past the host Philadelphia Phillies 8-7 on Thursday. Brandon Nimmo ripped a two-run sin...
May 06, 2022
Payback time, Italy seeks to lessen COVID loan burden
By Valentina Za, Giuseppe Fonte and Francesco Zecchini MILAN (Reuters) - Gianni Polidori served a final espresso in his freshly renovated cafe in the Italian port of Ancona at the end of March. Since ...
May 06, 2022
Malaysia aims to regain palm oil market share in EU amid global shortage
KUALA LUMPUR (Reuters) - Malaysia, the world's second largest palm oil producer, on Friday said it plans to leverage the global edible oil shortage and "political tension in Europe" to regain market s...
May 06, 2022
Analysis: Banks face reversal of fortune from war and 'great depression'
By Sinead Cruise and John O'Donnell LONDON/BERLIN (Reuters) - Global banks are taking steps to weather the wider impact of war and runaway inflation as the stream of central bank money that kept them ...
May 06, 2022
French left-wing parties seal coalition deal to take on Macron
PARIS (Reuters) - France's Socialist Party on Friday sealed a coalition deal with the hard-left La France Insoumise (LFI) party to run together in June's parliamentary elections to try to deprive newl...
May 06, 2022
