Author Archives: Syndicated Content
Investors flock to safety on concerns over peaky markets - BofA
LONDON (Reuters) - Safe-haven assets such as cash and gold funds drew investors during the week to Wednesday, BofA's fund flow statistics showed on Friday, a sign of growing concern over inflation and...
May 28, 2021
Russia calls U.S. decision to not rejoin Open Skies arms pact 'a political mistake'
MOSCOW (Reuters) - Russia on Friday called a U.S. decision to not rejoin the Open Skies arms control pact, which allows unarmed surveillance flights over member countries, a political mistake that str...
May 28, 2021
Germany to invest around $10 billion in hydrogen projects
BERLIN (Reuters) - Germany will invest more than 8 billion euros ($9.74 billion) to fund large-scale hydrogen projects, the Economy and Transport ministries said on Friday, in a step to scale up hydro...
May 28, 2021
Hungary PM laments loss of UK from EU ahead of Johnson meeting
By Marton Dunai BUDAPEST (Reuters) - Hungary is missing Britain's presence within the European Union and the two countries need to build new bilateral ties, Prime Minister Viktor Orban said on Friday ...
May 28, 2021
Europe has passed turning point but still needs ECB support: Schnabel
By Balazs Koranyi, Francesco Canepa and Frank Siebelt FRANKFURT (Reuters) - The euro zone economy has reached a turning point and the recent rise in borrowing costs reflects improved fundamentals, Eur...
May 28, 2021
S.Korea aims to burnish climate reputation with global summit
By Josh Smith SEOUL (Reuters) - South Korea aims to use a global climate summit it is hosting virtually next week to burnish its leadership credentials on environmental issues, despite its patchy reco...
May 28, 2021
European shares inch closer to record high
(Reuters) - European shares inched towards a record high on Friday as investors cheered more stimulus measures in the United States, but fears of an uptick in inflation ahead of key U.S. data kept the...
May 28, 2021
Japan's Renesas to raise $2 billion in new share issue
(Corrects to show planned share issue 196.4 million (not 167 million) TOKYO (Reuters) - Japan's Renesas Electronics Corp will issue 196.4 million new shares to raise 218.5 billion yen ($1.99 billion),...
May 28, 2021
AstraZeneca drug Tagrisso gets EU nod for early lung cancer treatment
(Reuters) - AstraZeneca's top-selling Tagrisso drug has been approved for use in the European Union to treat patients with a type of early-stage lung cancer, the company said on Friday. The European C...
May 28, 2021
Goldman says China is no longer center of commodities pricing
(Reuters) - Goldman Sachs said it no longer saw China as the center of commodities pricing, reasoning the pace of demand recovery in developed markets suggested Beijing as a buyer has been crowded out...
May 28, 2021
