Author Archives: Syndicated Content
SoftBank-backed Oyo to file for $1 billion IPO next week - ET
BENGALURU (Reuters) - SoftBank Group-backed Indian hospitality startup Oyo Hotels and Rooms is expected to file for an initial public offering next week to raise around $1 billion, the Economic Times ...
Sep 22, 2021
China Evergrande chairman says to ensure home deliveries and wealth products redemption
HONG KONG (Reuters) - Cash-strapped developer China Evergrande Group said it held an internal meeting late on Wednesday night, in which its chairman urged company executives to ensure the quality deli...
Sep 22, 2021
Australia sues Neoen for lack of power from its Tesla battery reserve
By Sonali Paul MELBOURNE (Reuters) - Australian Energy Regulator (AER) has filed a lawsuit against Neoen SA, saying the French firm's Tesla "Big Battery" in South Australia did not provide backup powe...
Sep 22, 2021
Fitch cuts China 2021 GDP forecast to +8.1% vs +8.4% on property slowdown
BEIJING (Reuters) - Fitch Ratings on Thursday cut its 2021 economic growth forecast for China to 8.1% from 8.4%, citing the impact of the slowdown in the country's property sector on domestic demand. ...
Sep 22, 2021
Oil climbs on tight supply, renewed risk appetite
By Sonali Paul MELBOURNE (Reuters) - Oil prices rose on Thursday, extending strong gains overnight with fuel demand growing and crude stocks declining as production remains hampered in the U.S. Gulf o...
Sep 22, 2021
Alaska, overwhelmed by COVID-19 patients, adopts crisis standards for hospitals
By Yereth Rosen ANCHORAGE, Alaska (Reuters) - Alaska, which led most U.S. states in coronavirus vaccinations months ago, took the drastic step on Wednesday of imposing crisis-care standards for its en...
Sep 22, 2021
S.Korea urges more testing over fear of holiday COVID-19 surge
By Sangmi Cha SEOUL (Reuters) - South Korean authorities warned people returning from a holiday to get tested even for the mildest COVID-19 type symptoms, especially before clocking in for work amid a...
Sep 22, 2021
Asian shares gain but Evergrande jitters keep investors on edge
By Alun John HONG KONG (Reuters) - Asian shares moved higher on Thursday, supported by some positive news from struggling developer China Evergrande Group, while the dollar held near a one-month top a...
Sep 22, 2021
Dollar hits one-month high as traders eye Fed rates liftoff
By Tom Westbrook SINGAPORE (Reuters) - The dollar hit its highest in a month on Thursday and pressed the euro towards major support levels, after the Federal Reserve set the stage for rate hikes next ...
Sep 22, 2021
Cricket-British PM Johnson asks Australia to help resolve Ashes stand-off
MELBOURNE (Reuters) - British Prime Minister Boris Johnson has asked his Australian counterpart Scott Morrison to help ease strict quarantine rules to allow the families of England's cricketers to tou...
Sep 22, 2021
