Author Archives: Syndicated Content
German investor morale plunges as recession fears rise
(Reuters) - German investor sentiment fell more than expected in May, pointing to a worsening of the already unfavourable economic situation in the next six months. "As a result, the German economy co...
Syndicated Content May 16, 2023
India’s newest infra lender to loan 1 trillion rupees this fiscal -official
By Ira Dugal MUMBAI (Reuters) - The Indian government-backed National Bank for Financing Infrastructure and Development (NaBFID) expects to sanction close to 1 trillion rupees ($12.23 billion) in loan...
Syndicated Content May 16, 2023
Emissions scandal: Ex-Audi boss admits role in fraud by negligence in German court
MUNICH (Reuters) - Former Audi boss Rupert Stadler accepted his role in committing fraud by negligence in the diesel emissions scandal, according to a statement made in German court on Tuesday, having...
Syndicated Content May 16, 2023
Five Germans handed jail sentence for Green Vault jewel heist
DRESDEN, Germany (Reuters) - A German court on Tuesday sentenced five men to several years behind bars for their involvement in a jewel heist in 2019 at a museum in Dresden which houses one of Europe'...
Syndicated Content May 16, 2023
China’s Tencent Music revenue beats estimates on strong user growth
(Reuters) - China's Tencent Music Entertainment Group on Tuesday reported higher revenue after five straight quarterly declines, driven by growth in paying users on its Spotify-like music streaming pl...
Syndicated Content May 16, 2023
EU Council adopts first legal framework to regulate crypto sector
BRUSSELS (Reuters) - The European Council on Tuesday said it had adopted the world's first comprehensive set of rules for cryptoassets regulation (MiCa). MiCA, which was already approved by EU member ...
Syndicated Content May 16, 2023
China’s Baidu beats quarterly revenue estimates on ad strength
(Reuters) -Search engine giant Baidu Inc beat first-quarter revenue estimates on Tuesday as businesses spent more on advertising after China lifted COVID curbs late last year. Revenue rose 10% to 31.1...
Syndicated Content May 16, 2023
Euro zone Q1 GDP growth confirmed at 0.1% q/q, Q1 exports jump
BRUSSELS (Reuters) - Euro zone economic growth was 0.1% quarter-on-quarter in the first three months of the year, the EU's statistics agency confirmed on Tuesday, with rising employment and a sharp in...
Syndicated Content May 16, 2023
Biden administration announces $11 billion for rural clean energy projects
By Leah Douglas WASHINGTON (Reuters) - Rural electric cooperatives, utilities, and other energy providers will soon be able to apply for nearly $11 billion in grants and loans for clean energy project...
Syndicated Content May 16, 2023
Polish child benefit hike could hamper inflation fight, say economists
By Alan Charlish and Pawel Florkiewicz WARSAW (Reuters) - Poland's ruling nationalists are hoping a pledge to increase child benefit payments can help them deliver a third straight election victory th...
Syndicated Content May 16, 2023

