Author Archives: Syndicated Content
Euro zone recovery stuttered in Jan as Omicron hit services -PMI
LONDON (Reuters) - The euro zone economic recovery weakened further this month as renewed restrictions imposed to contain the Omicron coronavirus variant put another dent in bloc's dominant services a...
Jan 24, 2022
India’s Swiggy raises $700 million in funding round led by Invesco
BENGALURU (Reuters) - SoftBank-backed Indian food delivery firm Swiggy said on Monday it raised $700 million in a funding round led by U.S. investment firm Invesco, as competition intensifies for quic...
Jan 24, 2022
JPMorgan merges EU operations into single German business
LONDON (Reuters) - American banking giant JPMorgan has merged most of its European Union businesses into a single entity in Germany, it said on Monday, seeking to make its business in the bloc more co...
Jan 24, 2022
Funds see promise in battered Chinese real estate dollar bonds
By Samuel Shen and Andrew Galbraith SHANGHAI (Reuters) - Beaten-down dollar bonds issued by Chinese property developers are enticing domestic and global fund managers, some of whom are even planning t...
Jan 24, 2022
Prosecutor seeks life sentence for convicted ‘Hotel Rwanda’ hero
KIGALI (Reuters) - A Rwandan prosecutor on Monday sought a life sentence for Paul Rusesabagina, who was portrayed in the movie "Hotel Rwanda" sheltering hundreds of people during the 1994 genocide, in...
Jan 24, 2022
WHO chief says world at ‘critical juncture’ in COVID pandemic
GENEVA (Reuters) -The head of the World Health Organization on Monday urged countries to work together to bring the acute phase of the pandemic to an end, saying that they now have all the tools avail...
Jan 24, 2022
Easing of supply shortages sustains German manufacturing recovery – PMI
BERLIN (Reuters) - Strong factory output growth helped by easing supply bottlenecks pushed activity in Germany's manufacturing sector to a five-month high in January, a survey showed on Monday. IHS Ma...
Jan 24, 2022
Unilever shares gain after activist investor Peltz builds stake
(Reuters) - Unilever's shares rose 5% on Monday following reports activist investor Nelson Peltz has built a stake in the consumer goods maker, as its strategy comes under scrutiny after effectively a...
Jan 24, 2022
French business growth weakens by more than forecast in January – flash PMI
PARIS (Reuters) - French business growth dipped by more than forecast in January compared to December, according to initial estimates in a monthly survey, as the impact of COVID-19 and inflationary pr...
Jan 24, 2022
M&C Saatchi rejects fresh offer from top shareholder
LONDON (Reuters) -Advertising giant M&C Saatchi has rejected a fresh takeover offer from the acquisition vehicle of its top shareholder Vin Murria. Murria's AdvancedAdvT said on Monday that it had pro...
Jan 24, 2022
