Author Archives: Syndicated Content
European stocks lose ground after three-day rally on recession fears
(Reuters) - European shares fell on Wednesday, as fears about a global recession overshadowed recent optimism about China reopening, with investors looking ahead to a meeting of major central bank hea...
Jun 29, 2022
S.Korea approves first domestically developed COVID vaccine
SEOUL (Reuters) - South Korea approved its first domestically developed COVID-19 vaccine, manufactured by SK bioscience Co Ltd, for general public use following positive clinical data, authorities sai...
Jun 29, 2022
French Finance Minister: energy and transport firms must do more to ease inflation pain
PARIS (Reuters) - French Finance Minister Bruno Le Maire said companies in the energy and transport sectors should do more to return a part of their profits to help customers cope with inflation. "A s...
Jun 29, 2022
Czech firm PPF aims to exit China, wants partners for Europe acquisitions
PRAGUE (Reuters) - Czech investment group PPF, controlled by the wife of billionaire founder Petr Kellner who died last year, aims to divest its once flagship consumer lending business in China and fo...
Jun 29, 2022
Israel’s Knesset set to dissolve by midnight triggering snap election
JERUSALEM (Reuters) - Israel was headed on Wednesday toward its fifth election in less than four years, plunging it deeper into political uncertainty as it grapples with rising living costs and renewe...
Jun 29, 2022
Spain’s June annual inflation rate surpasses 10% the first time since 1985
(Reuters) - Spanish 12-month inflation rose to 10.2% in June, the first time it surpassed 10% since April 1985, up from 8.7% the previous month, preliminary data from the National Statistics Institute...
Jun 29, 2022
Widespread relief for Shanghai’s restaurant sector as dine-in resumes
By Casey Hall SHANGHAI (Reuters) - Restaurants and eateries in China's largest city Shanghai begun reopening their doors to diners on Wednesday, bringing widespread relief to an industry that was badl...
Jun 29, 2022
“Impossible situation” for Sri Lankans struggling for petrol
By Uditha Jayasinghe COLOMBO (Reuters) - Sri Lankan doctors and other medical staff as well as teachers will take to the streets on Wednesday to demand that the government solve a severe fuel shortage...
Jun 29, 2022
Taiwan to receive first doses of Novavax COVID vaccine this week
TAIPEI (Reuters) - Taiwan will take delivery of its first doses of the Novavax Inc COVID-19 vaccine this week, received under the COVAX sharing scheme, the government said on Wednesday. Taiwan's Centr...
Jun 29, 2022
Marketmind: When bad data is just that
A look at the day ahead in markets from Julien Ponthus. Much of the market rebound from the lows hit on June 17 was credited to data being arguably bad enough to encourage central banks to go easy on ...
Jun 29, 2022
