Author Archives: Syndicated Content
Explainer-China UnionPay, Russia’s potential payments backstop
By Selena Li HONG KONG (Reuters) - Several Russian banks plan to issue payment cards that use the network of China UnionPay as well as that of home-grown payment system Mir, after Visa Inc and MasterC...
Apr 21, 2022
Marketmind: Of landings hard and soft
A look at the day ahead in markets from Sujata Rao. The ink is barely dry on global growth forecast downgrades from the World Bank and International Monetary Fund, but banks are rushing out their own ...
Apr 21, 2022
Incoming S.Korean leader’s team to review lifting of COVID curbs
By Hyonhee Shin SEOUL (Reuters) - South Korean president-elect Yoon Suk-yeol is at odds with a decision by the outgoing government to lift nearly all coronavirus curbs this week, vowing to reconsider ...
Apr 21, 2022
Deloitte, partner fined and sanctioned over Mitie audit
LONDON (Reuters) - Deloitte and audit partner John Charlton have been fined and severely reprimmanded over a 2016 audit of Mitie, a British outsourcing company, the Financial Reporting Council (FRC) a...
Apr 21, 2022
Russia’s Yandex withdraws 2022 financial guidance
(Reuters) - Russian internet giant Yandex has withdrawn its 2022 guidance, an SEC filing showed. "In the current circumstances, our visibility over the ... medium-term is extremely limited," the compa...
Apr 21, 2022
German exports to Russia slump by 57.5% in March
BERLIN (Reuters) - German exports to Russia slumped by 57.5% to 1.1 billion euros ($1.2 billion) in March because of sanctions imposed after the invasion of Ukraine, Germany's Federal Statistical Offi...
Apr 21, 2022
THG rejects ‘numerous’ approaches, sees broadly flat earnings this year
LONDON (Reuters) -British e-commerce company THG said it had rejected "numerous" approaches in recent weeks that failed to reflect its value as it warned inflationary pressure would result in broadly ...
Apr 21, 2022
History of Japan’s intervention in currency markets
(Reuters) - A precipitous drop in the yen has investors wary that Japan intervenes in the open market to support the currency. [FRX/] It is more than a decade since Japan intervened directly in the fo...
Apr 21, 2022
Factbox-Latest on the worldwide spread of the coronavirus
(Reuters) - Shanghai authorities said tough restrictions would remain in place for now even in districts which managed to cut COVID-19 transmission to zero, as the number of cases outside quarantined ...
Apr 21, 2022
Soccer-Tuchel says Christensen subbed due to injury, not costly error
(Reuters) - Chelsea coach Thomas Tuchel said he had taken off Andreas Christensen at halftime of their 4-2 defeat by Arsenal on Wednesday because he was unable to continue, not due to his error that l...
Apr 21, 2022
