Author Archives: Syndicated Content
U.S. storms make 2021 one of most costly on record for insurers, Swiss Re says
FRANKFURT (Reuters) - The wrath of Hurricane Ida and Texas freezes made 2021 one of the costliest years on record for insurers, Swiss Re said on Tuesday, as populations and industry grapple with the p...
Dec 14, 2021
KKR says no set deadline to start due diligence on TIM’s bid
MILAN (Reuters) - U.S. fund KKR said on Monday it expected to be able to take a decision on its takeover approach for Telecom Italia (TIM) only after a due diligence process but it had set no deadline...
Dec 14, 2021
Norway wealth fund ‘weeds out’ nine firms over ESG risks
OSLO (Reuters) - Norway's $1.4 trillion sovereign wealth fund, the world's largest, has conducted a risk-based screening of 442 companies this year, concluding that it would refrain from investing in ...
Dec 14, 2021
Investors raise cash on hawkish central banks worries
(Reuters) - Investors raised cash allocations to 5.1% on growing concerns over central bank hawkishness, BofA Securities' monthly fund manager survey showed before key policy decisions this week by th...
Dec 14, 2021
Sky News says UK deputy PM Raab misspoke about Omicron hospitalisations
LONDON (Reuters) - Sky news said on Tuesday that British Deputy Prime Minister Dominic Raab had misspoken when he said 250 people were in hospital with the Omicron variant of the novel coronavirus. Wh...
Dec 14, 2021
Miners lift European shares higher; focus on cenbank meetings
(Reuters) - European shares ticked up from one-week lows on Tuesday, as investors focussed on crucial central bank meetings this week, while keeping a wary eye on developments around the Omicron coron...
Dec 14, 2021
Police investigate marine intoxication after Baltic Sea collision
COPENHAGEN (Reuters) - Two crew members on a British cargo vessel were found to be over the legal limit for drugs or alcohol after a collision with a Danish barge in the Baltic Sea that killed at leas...
Dec 14, 2021
Singapore to let more workers to return to office from next year
SINGAPORE (Reuters) - Singapore will allow up to 50% of workers currently working from home to return to their offices from Jan. 1, its health ministry said on Tuesday. Singapore reported 339 new coro...
Dec 14, 2021
Netflix slashes India prices in battle with Disney, Amazon
MUMBAI (Reuters) - Netflix slashed on Tuesday the prices of its streaming services in India, for the first time since launching five years ago in the South Asian nation, as it moves to better compete ...
Dec 14, 2021
Philippines’ Duterte withdraws candidacy for a senate seat
MANILA (Reuters) - Philippine President Rodrigo Duterte on Tuesday withdrew his candidacy for a senate seat, the election commission's spokesperson said. Duterte's term will end in June, 2022, and he ...
Dec 14, 2021
