Author Archives: Syndicated Content
JPMorgan to buy majority stake in Volkswagen's payments business
By Iain Withers LONDON (Reuters) - JPMorgan has struck a deal to buy a majority stake in German car giant Volkswagen's payments business ahead of a planned rollout of in-car technology that allows dri...
Sep 08, 2021
Carlyle leads $312 million funding round for Japanese unicorn Spiber
By Makiko Yamazaki and Yuki Nitta TOKYO (Reuters) - Global private equity firm Carlyle said on Wednesday it led a $312 million funding round for Japanese biotech company Spiber Inc, joining other glob...
Sep 08, 2021
China says private tutors will not be able to offer classes online
SHANGHAI (Reuters) - China's education ministry said on Wednesday that private tutors will be barred from offering courses online via avenues such as instant messaging services or livestreaming platfo...
Sep 08, 2021
China says it will maintain communication with new Afghan government
BEIJING (Reuters) -China said on Wednesday it is ready to maintain communication with the leaders of the new Taliban government in Afghanistan, calling its establishment a "necessary step" in reconstr...
Sep 08, 2021
Deutsche Bank CEO says not on hunt for M&A
FRANKFURT (Reuters) - Deutsche Bank Chief Executive Officer Christian Sewing said on Wednesday that the German lender wasn't on the hunt for a potential merger partner. "We have to finish the homework...
Sep 08, 2021
India's economic growth will remain strong in coming quarters, S&P says
NEW DELHI (Reuters) - India's economic growth will remain strong in the coming quarters while inflation in Asia's third largest economy is likely to remain at elevated levels, analysts at Standard and...
Sep 08, 2021
Inflation could prompt ECB to tighten policy quicker, Holzmann says
FRANKFURT (Reuters) -The European Central Bank could tighten policy sooner than many expect as inflationary pressures could prove to be persistent, ECB policymaker Robert Holzmann said in a contributi...
Sep 08, 2021
Pre-ECB jitters knock 1% off European stocks
By Sruthi Shankar (Reuters) - European stocks were on course for their biggest decline in three weeks on Wednesday, a day ahead of a European Central Bank meeting that will see policymakers debate a c...
Sep 08, 2021
Euro zone banks face further rise in soured loans -ECB
FRANKFURT (Reuters) - Euro zone banks are set to face a further deterioration of their loan book and many lenders have failed to adjust their credit control norms to acknowledge the unique nature of t...
Sep 08, 2021
Czech Republic's daily COVID cases highest since May
PRAGUE (Reuters) - The Czech Republic on Wednesday recorded 588 new cases of coronavirus, the highest daily tally since May 25, as government officials predict a continued rise in infections. The coun...
Sep 08, 2021
