Author Archives: Syndicated Content
Canada’s CIBC beats quarterly profit estimates
TORONTO (Reuters) - Canadian Imperial Bank of Commerce beat analysts' estimates for quarterly earnings on Friday, as adjusted profit rose 14% from a year-ago period as the lender saw lower provisions ...
Feb 25, 2022
U.S. congressional panel expands probe of Trump documents
By Patricia Zengerle WASHINGTON (Reuters) - A U.S. congressional committee investigating former President Donald Trump's removal of classified documents from the White House has expanded its probe of ...
Feb 25, 2022
Russian carmaker Avtovaz may suspend some assembly lines on Monday due to components shortage
MOSCOW (Reuters) - Russia's biggest carmaker Avtovaz may suspend some assembly lines at its Togliatti plant in central Russia on Monday for a day due to a persistent global shortage of electronic comp...
Feb 25, 2022
China urges banks, insurers to support affordable rental housing
BEIJING (Reuters) - China's banking and insurance regulator has issued guidelines urging banks and insurers to support the development of affordable rental housing, as Beijing vows to keep the propert...
Feb 25, 2022
Ukrainians in U.S. donate, campaign and plan how family could get out
By Costas Pitas LOS ANGELES (Reuters) - Ukrainians in the United States are making donations, sending money to relatives and mulling how they could get family out of a war zone, as they call on Presid...
Feb 25, 2022
Europe ready to impose more sanctions on Russia -Italy’s Draghi
ROME (Reuters) - The European Union is finalising a first package of sanctions in response to Russia's invasion of Ukraine and is ready to impose further measures if needed, Italian Prime Minister Mar...
Feb 25, 2022
U.S. companies grapple with surging costs as supply chain problems persist
By Timothy Aeppel (Reuters) - Dave Petratis boosted wages for his U.S. factory workforce in December - six months ahead of schedule for normal annual increases. It wasn't enough. The CEO of Allegion P...
Feb 25, 2022
Germany’s Scholz to meet Macron, von der Leyen in Paris next week
BERLIN (Reuters) - German Chancellor Olaf Scholz will be in Paris on Monday, where he will meet with French President Emmanuel Macron and the European Union's Ursula von der Leyen, said a government s...
Feb 25, 2022
Russian cenbank says cards of banks under sanctions won’t work abroad
MOSCOW (Reuters) - Clients of Russian banks that were included on a new sanctions list will not be able to use their cards abroad or pay online in stores registered in countries that supported the san...
Feb 25, 2022
India explores setting up rupee trade accounts with Russia to soften sanctions blow – sources
By Rajendra Jadhav, Nupur Anand and Aftab Ahmed MUMBAI (Reuters) - India is exploring ways to set up a rupee payment mechanism for trade with Russia to soften the blow on New Delhi of Western sanction...
Feb 25, 2022
