Author Archives: Syndicated Content
China’s July factory price growth quickens, adds to business cost pressures
BEIJING (Reuters) - China's factory gate prices in July rose at a faster clip from the previous month and exceeded analyst expectations, adding to pressure on businesses struggling with high raw mater...
Aug 08, 2021
Oil slumps on China travel curbs, strong U.S. dollar
By Sonali Paul MELBOURNE (Reuters) - Oil prices dropped 2% on Monday, extending last week's steep losses on the back of a rising U.S. dollar and concerns that new pandemic curbs in Asia, especially Ch...
Aug 08, 2021
Ritchie Bros to buy Euro Auctions for $1 billion
(Reuters) - Asset management company Ritchie Bros said on Sunday it would acquire plant and machinery auction house Euro Auctions for an enterprise value of 775 million pounds ($1.07 billion) in cash....
Aug 08, 2021
South Korea opens COVID-19 vaccine reservations for all adults
By Sangmi Cha SEOUL (Reuters) - South Korea begins opening COVID-19 vaccine reservations for all adults over 18 for the first time on Monday as it scrambles to stave off a rise in sporadic outbreaks, ...
Aug 08, 2021
Norwegian Cruise says U.S. judge allows it to ask for passengers’ vaccine proof
(Reuters) - Norwegian Cruise Line Holdings Ltd. said on Sunday that a U.S. judge ruled in its favor allowing it to document passengers' COVID-19 immunity status and put on hold Florida's ban on "vacci...
Aug 08, 2021
Dollar hits four-month high on euro as markets bet on earlier Fed taper
By Kevin Buckland TOKYO (Reuters) - The dollar climbed against major peers on Monday, reaching a four-month high versus the euro, as traders positioned for an earlier tapering of Federal Reserve stimu...
Aug 08, 2021
Asia stocks spooked by sudden slide in gold
By Wayne Cole SYDNEY (Reuters) - Asian shares wobbled on Monday amid sharp losses in gold and oil prices, while the dollar held near four-month highs after an upbeat U.S. jobs report lifted bond yield...
Aug 08, 2021
Heavy rain in Sichuan causes economic losses, houses collapse – state media
SHANGHAI (Reuters) - Heavy rain in the southwestern Chinese province of Sichuan has caused 250 million yuan ($38.57 million) in economic damage, Chinese state broadcaster CCTV reported late on Saturda...
Aug 08, 2021
Renault to explore hybrid vehicles with Geely
BEIJING/SHANGHAI (Reuters) - Renault and Geely said on Monday they would jointly develop petrol-electric hybrid vehicles for China and South Korean markets, as the French automaker revives plans for t...
Aug 08, 2021
Attack in Burkina Faso kills at least 12 soldiers, sources say
OUAGADOUGOU (Reuters) - At least 12 soldiers were killed in an attack in northwestern Burkina Faso on Sunday and seven others are missing, three security sources said. There was no immediate comment f...
Aug 08, 2021
