Author Archives: Syndicated Content
Putin says Russia to offer tax breaks to spur business on Kuril islands
VLADIVOSTOK, Russia (Reuters) - Russia will offer tax breaks to stimulate business on a disputed Pacific island chain and make them available to foreign investors including from Japan, President Vladi...
Sep 03, 2021
China has supplied 1 billion COVID-19 shots to the rest of the world, says official
BEIJING (Reuters) - China has supplied 1 billion doses of COVID-19 vaccines to the rest of the world, Zheng Zhongwei, an official at the National Health Commission said on Friday. Chinese President Xi...
Sep 03, 2021
“Stagflation” trades boom as investors flee U.S. debt
LONDON (Reuters) - Investors have swept into assets perceived to perform on slowing growth and rising inflation a weekly round-up by BofA showed on Friday, with tech stocks seeing their biggest inflow...
Sep 03, 2021
Singapore Exchange’s SPAC rules seen giving market much-needed boost
By Anshuman Daga SINGAPORE (Reuters) - Singapore Exchange's new rules for special purpose acquisition companies (SPACs) are likely to help it attract regional funds and fast-growing firms, as it seeks...
Sep 03, 2021
UK economy lost more momentum in August, PMI survey shows
LONDON (Reuters) - Britain's economic recovery from the COVID-19 pandemic lost more momentum last month than originally estimated as staff shortages and supply chain issues weighed on companies in the...
Sep 03, 2021
Not my pay! Some tech workers bemoan China’s crackdown on compulsory overtime
By Yingzhi Yang and Brenda Goh BEIJING (Reuters) - The Chinese government's campaign to improve conditions for workers has spurred companies, particularly some of its hardest-driving tech giants, to c...
Sep 03, 2021
AstraZeneca, EU reach settlement on delivery of COVID-19 vaccine doses
(Reuters) -The European Commission and AstraZeneca said on Friday they have reached a settlement on the delivery of the remaining COVID-19 vaccine doses by the British drugmaker and also ended the pen...
Sep 03, 2021
China’s SMIC to invest $8.87 billion for new chip plant in Shanghai
SHANGHAI (Reuters) - China's Semiconductor Manufacturing International Corp will invest $8.87 billion to build a chip plant in Shanghai, it said on Friday, expanding capacity amid a global chip shorta...
Sep 03, 2021
Geely’s Volvo Cars warns on sales as supply woes dent output
STOCKHOLM (Reuters) - Sweden-based automaker Volvo Car Group warned on Friday that sales volumes in the second half of 2021 could fall year-on-year after it was forced to cut production due to materia...
Sep 03, 2021
Euro zone business activity strong in Aug but supply issues weighed-PMI
LONDON (Reuters) - Euro zone business activity remained strong last month, despite fears about the Delta variant of the coronavirus and widespread supply chain issues, according to a survey which sugg...
Sep 03, 2021
