Author Archives: Syndicated Content
Germany’s vaccine panel says one COVID shot enough for children
By Patricia Weiss and Ludwig Burger FRANKFURT (Reuters) - Germany's vaccine advisory panel on Tuesday said one COVID-19 shot was enough for healthy five to 11 year-olds because most of them had alread...
May 24, 2022
Swiss pumpmaker Sulzer to sell Russia business
ZURICH (Reuters) - Swiss engineering group Sulzer has put its Russia business up for sale, joining the exit from the market hit by Western sanctions over Moscow's invasion of Ukraine. The sales proces...
May 24, 2022
Indonesia central bank holds rates, but to lift RRR more aggressively
By Gayatri Suroyo and Fransiska Nangoy JAKARTA (Reuters) - Indonesia's central bank on Tuesday announced more aggressive hikes in the reserve requirement ratio (RRR) for banks, expecting inflation to ...
May 24, 2022
In meeting with Biden, Australia’s Albanese recalls colourful first trip to U.S
SYDNEY (Reuters) - Australia's Prime Minister Anthony Albanese held his first meeting as leader with U.S. President Joe Biden on Tuesday, prompting Biden to jokingly stage a mock walk-out as the Labor...
May 24, 2022
Russia’s no. 1 mobile operator MTS starts selling used and discounted smartphones
(Reuters) - Russia's biggest mobile operator MTS said on Tuesday it has started selling discounted and used smartphones, offering Russian consumers cheaper alternatives as inflation bites and Western ...
May 24, 2022
JPMorgan warns 10% of junk-rated emerging markets face debt crises
LONDON (Reuters) - Rising borrowing costs and the global fallout of the Russia-Ukraine war could see up to 10% of riskier, 'junk'-rated emerging market countries suffer debt crises this year, analysts...
May 24, 2022
Jailed Kremlin foe Navalny lambasts Putin’s ‘stupid war’ in Ukraine
LONDON (Reuters) - Jailed Russian opposition leader Alexei Navalny on Tuesday lambasted President Vladimir Putin in a live court hearing, casting him as a madman who had started a "stupid war" in Ukra...
May 24, 2022
German grocery app Gorillas to cut staff in search of profit
FRANKFURT (Reuters) - Gorillas will lay off 300 people, cutting its administrative staff in half, as the German grocery delivery app shifts focus from rapid expansion to turning a profit, Chief Execut...
May 24, 2022
Vietnam EV maker VinFast to shift HQ to Singapore ahead of IPO, first exports
By Phuong Nguyen and Kevin Krolicki (Reuters) - Vietnam's VinFast is shifting its headquarters to Singapore as the fledgling electric vehicle (EV) maker readies for a public listing and the first prod...
May 24, 2022
Euro zone business growth slowed in May but stayed resilient -PMI
LONDON (Reuters) - Euro zone business growth slowed this month but stayed strong as the cost of living crisis put a dent in consumer spending power while a shortage of raw materials held back expansio...
May 24, 2022
