Author Archives: Syndicated Content
Australia's banks in mortgage book reshape as rate hikes loom
By Paulina Duran SYDNEY (Reuters) - Australian banks are offering lower variable-rate home loans even as funding costs rise in an attempt to lure customers away from fixed-rate mortgages and benefit f...
Nov 10, 2021
Egypt's headline inflation decreased to 6.3% in Oct from 6.6% in Sept
DUBAI (Reuters) - Egypt's annual urban consumer price inflation decreased to 6.3% year in October from 6.6% in September, the country's statistics agency CAPMAS said on Wednesday. (Reporting by Nadine...
Nov 10, 2021
Oracle partners with India's Airtel in boost for cloud business
By Sankalp Phartiyal NEW DELHI (Reuters) - Cloud service provider Oracle on Wednesday said it was partnering with Indian telecoms group Bharti Airtel's data centre unit in an expansion push that will ...
Nov 10, 2021
ABN Amro considers share buyback as Q3 profit thumps expectations
AMSTERDAM (Reuters) - ABN Amro said on Wednesday it was looking to buy back its shares, as the Dutch bank reported an unexpected 14% increase in third-quarter net profit helped by economic recovery an...
Nov 10, 2021
Credit Agricole beats expectations in Q3, confirms 2022 targets
PARIS (Reuters) - Credit Agricole SA posted on Wednesday a better-than-expected third-quarter profit, supported by lower pandemic-related provisions for bad loans and higher revenue in retail banking,...
Nov 10, 2021
Fintech funding in Southeast Asia triples to record $3.5 billion this yr - report
SINGAPORE (Reuters) - Financial technology (fintech) funding in Southeast Asia jumped more than three times in the first nine months of this year compared with full-year 2020, reaching a record $3.5 b...
Nov 10, 2021
China's Iran oil purchases rebound on lower prices, fresh quotas
By Chen Aizhu and Alex Lawler SINGAPORE/LONDON (Reuters) - China's imports of Iranian oil have held above half a million barrels per day on average for the last three months, traders and ship-tracking...
Nov 10, 2021
U.N. climate agency publishes draft of final Glasgow deal
(Reuters) - The United Nations climate agency on Wednesday published a first draft of the political decision countries will issue at the end of the COP26 summit. Negotiators from nearly 200 countries ...
Nov 10, 2021
How GE's Larry Culp split the empire Jack Welch built
By Anirban Sen and Rajesh Kumar Singh (Reuters) - It was the break-up that eluded a generation of General Electric Co insiders. When Larry Culp, the first GE chief executive not to rise from within it...
Nov 10, 2021
Is your electric car as eco-friendly as you thought?
By Victoria Waldersee and Ally Levine BERLIN (Reuters) - Electric vehicles (EVs) are a powerful weapon in the world's battle to beat global warming, yet their impact varies hugely from nation-to-natio...
Nov 10, 2021
