Author Archives: Syndicated Content
China says U.S. and Beijing should try to implement Phase 1 trade deal – ministry
BEIJING (Reuters) - China and the United States should work together to create the atmosphere and conditions to push for the implementation of the Phase 1 trade deal, Gao Feng, spokesman for China's c...
Jul 15, 2021
Pacific Islands to seek debt relief as COVID-19 batters economies
By Colin Packham CANBERRA (Reuters) - Pacific Island countries will seek debt relief from their creditors as the spread of COVID-19 leaves some governments struggling to provide basic and essential se...
Jul 15, 2021
Shares in Picasso painting go up for grabs at $6,000 in blockchain sale
By Brenna Hughes Neghaiwi ZURICH (Reuters) - Connoisseurs of Pablo Picasso will soon be able to own a share in one of his paintings for less than $6,000 - though that won't actually buy them the right...
Jul 15, 2021
British fintech Revolut raises $800 million -Sky News
LONDON (Reuters) - British-based digital banking app Revolut has raised around $800 million in a funding round led by Softbank's Vision Fund and Tiger Global Management, Sky News reported on Thursday....
Jul 15, 2021
China’s share of bitcoin mining slumped even before Beijing crackdown, research shows
By Tom Wilson LONDON (Reuters) - China's share of global bitcoin production power fell sharply even before a recent crackdown by its authorities on cryptocurrency mining, research by the University of...
Jul 15, 2021
Marketmind: “A ways off” and that’s good
A look at the day ahead from Sujata Rao. We know now the Fed is still "a ways off" tightening monetary policy. Data showing China's economy grew 7.9% in the second quarter -- less than half the Q1 pac...
Jul 15, 2021
Google expands India cloud services with new infrastructure push
By Sankalp Phartiyal NEW DELHI (Reuters) - Alphabet Inc's Google is ramping up cloud infrastructure in India with a second cluster of data centres in and around capital New Delhi to meet increasing cu...
Jul 15, 2021
Finnair cuts quarterly loss as pandemic restrictions ease
HELSINKI (Reuters) - Finnair on Thursday posted a sixth consecutive quarterly loss, with the COVID-19 pandemic still keeping most of its planes grounded, and raised its annual cost savings target to 2...
Jul 15, 2021
Britain fines drugmakers $360 million for overcharging NHS
(Reuters) - Britain's competition regulator said on Thursday it has fined several drugmakers a total of more than 260 million pounds ($360 million) for overcharging the state-backed NHS healthcare net...
Jul 15, 2021
UK financial watchdog bolsters data spend in bid to stop scams
LONDON (Reuters) - The Financial Conduct Authority said on Thursday it will spend 120 million pounds ($166 million) over three years to improve its data strategy and spread more staff across Britain t...
Jul 15, 2021
