Author Archives: Syndicated Content
ECB’s De Cos is not foreseeing an interest rate hike in 2023
MADRID (Reuters) - The European Central Bank is not foreseeing an interest hike in the euro zone in 2023, ECB policymaker Pablo Hernandez de Cos said on Friday. The comments from De Cos came after ECB...
Sep 17, 2021
“Monster reallocations” to stocks as U.S. tax threat recedes – BofA
LONDON (Reuters) - Investors stampeded into stocks and out of cash as global equity funds witnessed their biggest inflows since March 2021 while large-cap U.S. funds enjoyed a record haul, a weekly ro...
Sep 17, 2021
Infineon opens Austrian power-chip plant ahead of schedule
VILLACH, Austria (Reuters) - Infineon Technologies opened a 1.6 billion euro ($1.9 billion) plant in Austria on Friday, boosting the German semiconductor company's ability to supply power chips for ca...
Sep 17, 2021
Hong Kong proposes allowing SPAC listings restricted to professional investors
HONG KONG (Reuters) -The Stock Exchange of Hong Kong, on Friday, proposed changing its rules to allow Special Purpose Acquisition Companies (SPACs) to list, a bid to tap the frenzy for such investment...
Sep 17, 2021
UAE could invest further $1.4 billion in Britain this year, UK trade official says
DUBAI (Reuters) - The United Arab Emirates could invest at least a further 1 billion pounds ($1.4 billion) in the United Kingdom this year after pledging 10 billion pounds this week to its investment ...
Sep 17, 2021
South Korea approves Celltrion’s COVID-19 treatment for use
SEOUL (Reuters) - South Korea on Friday approved drugmaker Celltrion Inc's antibody COVID-19 treatment for infected adults in high-risk groups or those with severe symptoms. Phase III clinical trials ...
Sep 17, 2021
Next to run Gap brand in Britain’s retail shake-up
By James Davey LONDON (Reuters) - British clothing retailer Next has struck a deal with Gap, to run the U.S. brand's business in the UK and Ireland, bolstering its market reach after showing its resil...
Sep 17, 2021
Biden convenes world leaders to discuss climate change ahead of Glasgow summit
By Jeff Mason WASHINGTON (Reuters) - President Joe Biden convenes world leaders on Friday for a discussion about intensifying efforts to tackle climate change, seeking to build momentum ahead of an in...
Sep 17, 2021
U.S. House Speaker Pelosi cautions Britain over Northern Irish peace deal
LONDON (Reuters) - U.S. House of Representatives Speaker Nancy Pelosi cautioned Britain on Friday that if the Northern Irish peace deal was destroyed then there would be no post-Brexit trade deal with...
Sep 17, 2021
JPMorgan to launch digital bank Chase in Britain next week
LONDON (Reuters) -JPMorgan is set to launch its big assault on British high street banks and online lenders from next week, with the launch of its long-planned digital retail bank Chase. The venture -...
Sep 17, 2021
