Author Archives: Syndicated Content
Deutsche Bank expected to break profit run in fourth quarter- Preview
FRANKFURT (Reuters) - Deutsche Bank is expected to swing to a net loss when it reports fourth-quarter earnings on Thursday amid a slowdown in revenue at its investment bank, based on analysts' consens...
Jan 24, 2022
Panasonic to invest $700 million to produce new batteries for EVs – Nikkei
(Corrects figure in headline to $700 million from $700 billion) TOKYO (Reuters) - Japan's Panasonic will invest about 80 billion yen ($705 million) to mass-produce a new type of lithium ion battery fo...
Jan 24, 2022
Two U.S. carriers enter S.China Sea, to ‘counter malign influence’
TAIPEI (Reuters) - Two U.S. aircraft carrier groups have entered the disputed South China Sea for training, the Department of Defense said on Monday in what a senior commander said was to reassure all...
Jan 24, 2022
Syria, Russia start joint air force patrols over Syrian territory
MOSCOW (Reuters) - Syrian and Russian military jets jointly patrolled the airspace along Syria's borders on Monday and plan to make such flights regular, the Interfax news agency quoted Russia's defen...
Jan 24, 2022
Tennis-Chess master Barty keeps opponents in check at Australian Open
By Courtney Walsh MELBOURNE (Reuters) - It is the gambit Ash Barty's opponents are finding too difficult to resist. The Australian world number one has become a master at luring rivals into hitting sh...
Jan 24, 2022
Amigo shares sink over 50% after insolvency risk warning
(Reuters) - Shares in Amigo Holdings sank more than 50% on Monday after the British subprime lender said its loans unit could enter insolvency if a new business rescue plan was not approved by credito...
Jan 24, 2022
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
