Author Archives: Syndicated Content
Analysis: China faces uphill battle to repeat 2020 miracle as exports falter
By Kevin Yao BEIJING (Reuters) - China's slowing economy will struggle to stage the kind of stunning recovery it achieved from the early depths of the pandemic two years ago, as its formidable export ...
May 17, 2022
Musk says Twitter has to show spam accounts less than 5% for deal to move forward
(Reuters) - Elon Musk said on Tuesday his deal for Twitter Inc will not move forward until the company's chief executive officer publicly shows the proof that it has less than 5% spam accounts. (Repor...
May 17, 2022
Swimming-Chalmers hopes ’40-year-old’ body can hold up until 2024 Games
MELBOURNE (Reuters) - Australian swimmer Kyle Chalmers says shoulder operations have left him feeling like a 40-year-old at the age of 23 but hopes his body will hold up for another Olympics at Paris ...
May 17, 2022
ContourGlobal shares jump 33% after KKR’s $2.2bln offer
LONDON (Reuters) - Shares in London-listed ContourGlobal leapt by a third on Tuesday after U.S. private company KKR agreed to buy the power generation company for 1.75 billion pounds ($2.16 billion) i...
May 17, 2022
Israel says Iran working on advanced centrifuges at new underground sites
HERZLIYA, Israel (Reuters) - Iran is working on advanced uranium centrifuges at new underground sites being built near its Natanz nuclear facility, Israeli Defence Minister Benny Gantz said on Tuesday...
May 17, 2022
Factbox-COVID-hit Chinese cities seek exit from painful lockdown
By Roxanne Liu and Ryan Woo (Reuters) - Plans by COVID-hit Chinese cities to exit or avoid lockdown are more fraught and uncertain than ever as the pursuit of zero cases grows more prolonged, taxing a...
May 17, 2022
Sri Lanka parliament reconvenes, PM warns of critical shortages
By Uditha Jayasinghe and Alasdair Pal COLOMBO (Reuters) - Sri Lanka's parliament reconvened on Tuesday for the first time since violence flared last week and the prime minister quit, as his replacemen...
May 17, 2022
Credit Suisse Group rating downgraded by S&P
ZURICH (Reuters) - Credit Suisse Group AG's credit rating has been downgraded to BBB from BBB+ by Standard & Poors, a blow for the Swiss bank which reported a first quarter loss and is facing increasi...
May 17, 2022
India’s April WPI inflation accelerates to 15.08% y/y
NEW DELHI (Reuters) - India's annual wholesale price inflation accelerated to a 15.08%% in April from the previous month's 14.55%, remaining in double-digits for the 13th month in a row, government da...
May 17, 2022
Marketmind: Apocalypse now?
A look at the day ahead in markets from Dhara Ranasinghe. Bank of England boss Andrew Bailey is sorry for an "apocalyptic" view of the world, saying that monetary policy faces its biggest test in 25 y...
May 17, 2022
