Author Archives: Syndicated Content
S.Africa court gives ex-leader Zuma 15 months jail for for inquiry no-show
JOHANNESBURG (Reuters) -South Africa's constitutional court on Tuesday ruled that former president Jacob Zuma was in contempt of court for failing to appear at a corruption inquiry earlier this year, ...
Jun 29, 2021
Sumitomo Metal sees global nickel demand for battery use to rise 18% in 2021
TOKYO (Reuters) - Global demand of nickel used in batteries is expected to rise 18% this year from 2020, backed by strong sales of electric-vehicles (EVs) in China, Sumitomo Metal Mining, Japan's bigg...
Jun 29, 2021
Japan MOF policy veteran Kanda to be appointed as FX tsar – sources
TOKYO (Reuters) - Japan is likely to appoint international policy veteran Masato Kanda as its top currency official representing the country at Group of Seven (G7) meetings, four government sources wi...
Jun 29, 2021
Number of European primary deals up for first time in three years – AFME
LONDON (Reuters) - The average number of European primary dealers has risen for the first time in three years, the Association for Financial Markets in Europe (AFME) said in its first quarter governme...
Jun 29, 2021
EU watchdog takes deep dive into banks’ use of tech
By Huw Jones LONDON (Reuters) - Banks' increasing dependence on 'RegTech' technology to automate fraud checks and send data to regulators may need common rules to encourage wider use, the European Uni...
Jun 29, 2021
UK consumers get back to borrowing as lockdown lifts
LONDON (Reuters) - British consumer borrowing rose in May for the first time since August last year, according to Bank of England data which showed the economy gathering speed as coronavirus restricti...
Jun 29, 2021
More changes from Orcel’s shake-up of UniCredit due in coming weeks – sources
MILAN (Reuters) - UniCredit is set for further senior management changes in the coming weeks as part of new CEO Andrea Orcel's reorganisation of Italy's second biggest bank, two people close to the ma...
Jun 29, 2021
Norwegian Air showed poor judgement in making bonus payments, minister says
OSLO (Reuters) - Budget carrier Norwegian Air showed poor judgement when it paid bonuses to top management just weeks after emerging from government-backed bankruptcy proceedings, Norway's industry mi...
Jun 29, 2021
Tencent-backed Linklogis, Sunway to jointly seek Malaysia digital bank licence – sources
By Anshuman Daga and Pei Li SINGAPORE (Reuters) - Malaysian conglomerate Sunway Bhd has teamed up with Tencent-backed Chinese fintech firm Linklogis Inc and Bangkok Bank PCL to apply for a Malaysian d...
Jun 29, 2021
Japan’s Chugai applies for approval of antibody treatment for COVID-19
TOKYO (Reuters) - Chugai Pharmaceutical Co said on Tuesday it applied for regulatory approval in Japan of an antibody treatment for COVID-19. The filing is for the antibody cocktail casirivimab and im...
Jun 29, 2021
