Author Archives: Syndicated Content
Two of China's “Big Five" lenders post over 40% Q4 profit, steady margins
BEIJING/SHANGHAI (Reuters) - Two of China's largest lenders, Industrial and Commercial Bank of China (ICBC) and Bank of Communications Co Ltd (BoCom), booked a jump in fourth-quarter net profit on Fri...
Mar 26, 2021
China, U.S. demand drive German manufacturing 'explosion' - Ifo economist
BERLIN (Reuters) - The business climate in both the services and manufacturing sectors in Germany has improved significantly, Ifo economist Klaus Wohlrabe said on Friday, with manufacturing "exploding...
Mar 26, 2021
Demand for German goods pushes business morale to almost two-year high
BERLIN (Reuters) - German business morale hit its highest level in almost two years in March as rising demand for manufactured goods kept factories in Europe's largest economy humming through rising c...
Mar 26, 2021
Bank of England urges banks to keep the lending taps open
LONDON (Reuters) - The Bank of England called on lenders on Friday to provide enough credit to companies to see them through the coronavirus crisis as the government prepares to scale back its lending...
Mar 26, 2021
Yemen's Houthis warn of stronger attacks after drone strikes on Saudi Arabia
By Raya Jalabi and Lisa Barrington DUBAI (Reuters) - Yemen's Iran-aligned Houthis said on Friday they had launched 18 armed drones on Saudi energy and military sites, and the kingdom's energy ministry...
Mar 26, 2021
WTA to tweak revised ranking system before return to normal
(Reuters) - The WTA Tour said there would be further adjustments to its revised rankings system, which was introduced last year amid the COVID-19 pandemic, before it returns to its traditional method....
Mar 26, 2021
Britain approves 20-second COVID-19 test, distributor says
LONDON (Reuters) - Britain's medicine regulator has approved a 20-second COVID-19 test, the product's distributor said on Friday as it launched a testing system it said could be used in airports, spor...
Mar 26, 2021
Nio to temporarily suspend production due to chip shortage
(Reuters) - Chinese electric vehicle (EV) maker Nio Inc said on Friday it would halt production for five working days at its Hefei plant, due to a shortage in semiconductor chips. Nio said it planned ...
Mar 26, 2021
Investors rush into cash at fastest pace since April 2020: BofA
LONDON (Reuters) - Investors threw $45.6 billion into cash funds in the week to March 24, the largest inflow since April 2020 and ratcheted up exposure to U.S. inflation protection, BofA's flow data s...
Mar 26, 2021
Japan's record budget clears parliament, more COVID spending eyed
TOKYO (Reuters) - Japan's record $1 trillion budget for the upcoming fiscal year was approved by parliament on Friday, raising speculation of still more spending in response to the coronavirus pandemi...
Mar 26, 2021
