Author Archives: Syndicated Content
New Zealand GDP shrinks 3.7% in Q3 due to Delta lockdowns
WELLINGTON (Reuters) - New Zealand's gross domestic product (GDP) shrank 3.7% in the third quarter from the previous quarter, the second largest decline on record, as the economy was hit by an outbrea...
Dec 15, 2021
Lennar profit rises 35% on robust housing demand, price boom
(Reuters) -Lennar Corp reported an about 35% rise in quarterly profit on Wednesday, as the No.2 U.S. homebuilder benefited from consistently high demand for houses and surging prices. Demand for housi...
Dec 15, 2021
Biden nominates JFK’s daughter Caroline Kennedy to be ambassador to Australia
LOS ANGELES (Reuters) - U.S. President Joe Biden on Wednesday nominated Caroline Kennedy to be U.S. ambassador to Australia and Olympic figure skater Michelle Kwan as ambassador to Belize, the White H...
Dec 15, 2021
Biden taps two for U.S. CFTC -White House
WASHINGTON (Reuters) - U.S. President Biden on Wednesday nominated Summer Mersinger and Caroline Pham to be members of the Commodity Futures Trading Commission, the White House said. Mersinger has ser...
Dec 15, 2021
Dutch Princess Amalia invited 21 guests to 18th birthday amid COVID-19 surge
AMSTERDAM (Reuters) - Crown Princess Amalia, the heir to the Dutch throne, invited 21 people to her 18th birthday party last week even as the government has asked people not to have more than four gue...
Dec 15, 2021
Canoo revs up U.S. electric vehicle production plan as drops overseas deal
By Ben Klayman DETROIT (Reuters) -Electric vehicle startup Canoo Inc on Wednesday said it was accelerating its production plans in the United States while ending its deal for VDL Nedcar in Netherlands...
Dec 15, 2021
Foreign selling of Treasuries in October was largest since May -data
(Reuters) - Foreigners sold Treasuries in the month of October to the tune of $43.5 billion, the largest outflow since May, data from the U.S. Treasury department showed on Monday. That said, major fo...
Dec 15, 2021
Chip materials supplier Entegris to buy rival CMC in $6.5 billion deal
By Aishwarya Nair and Krystal Hu (Reuters) -Entegris Inc, a supplier of semiconductor materials, said on Wednesday it would buy smaller rival CMC Materials in a deal valued at $6.5 billion, as it look...
Dec 15, 2021
Fitch revises South Africa’s outlook to ‘stable’ on economic recovery
(Reuters) - Fitch on Wednesday upgraded the outlook on South Africa's long-term foreign-currency issuer default rating to "stable" from "negative", citing a faster-than-expected economic recovery. "A ...
Dec 15, 2021
Readying re-election bid, Macron rejects “president of the rich” tag
By Ingrid Melander and Richard Lough PARIS (Reuters) - French President Emmanuel Macron, whose hopes of winning a second term next year face a growing challenge from the opposition, on Wednesday rejec...
Dec 15, 2021
