Author Archives: Syndicated Content
Hyundai Motor Q1 profit nearly triples, in line with expectations
SEOUL (Reuters) - South Korea's Hyundai Motor Co reported on Thursday a 187% rise in first-quarter net profit on demand for high-margin sports-utility vehicles and its premium Genesis cars, but a chip...
Apr 22, 2021
India records biggest ever rise in coronavirus cases anywhere in the world
By Sanjeev Miglani NEW DELHI (Reuters) - India reported on Thursday 314,835 new cases of the coronavirus over the previous 24 hours, the highest daily increase recorded anywhere, as its second wave an...
Apr 22, 2021
Malaysia taps oil-backed trust fund to pay for vaccines
KUALA LUMPUR (Reuters) - Malaysia's government on Wednesday enacted a new emergency law allowing it to use funds derived from oil and gas contributions to pay for vaccine procurement, as it looks to r...
Apr 22, 2021
Credit Suisse posts 252 million Sfr Q1 loss as Archegos wipes trading gains
By Brenna Hughes Neghaiwi ZURICH (Reuters) -Credit Suisse on Thursday posted a slightly smaller-than-flagged 757 million Swiss franc first-quarter pre-tax loss, as a multi-billion dollar hit from the ...
Apr 22, 2021
Credit Suisse says to raise capital through new placement
ZURICH (Reuters) - Credit Suisse said it was raising capital on Thursday by issuing notes convertible into 203 million shares. "Our capital position remained solid with a CET1 ratio of 12.2% and a CET...
Apr 22, 2021
Virginia governor signs bill legalising marijuana possession from July 1
(Reuters) - Virginia Governor Ralph Northam signed a bill that legalises the simple possession of marijuana, making the state the first in the U.S. south to allow the drug's recreational use, the gove...
Apr 22, 2021
Apple plans to expands ads business – FT
(Reuters) - Apple Inc will expand its advertising business, the Financial Times reported on Thursday, citing two people familiar with its plans. The iPhone maker is planning to add a second advertisin...
Apr 22, 2021
Recession risk looms as Japan eyes 3rd state of emergency to contain pandemic
By Leika Kihara and Daniel Leussink TOKYO (Reuters) - Japan's government is expected to issue a third state of emergency on Tokyo and three western prefectures that could last for about two weeks, acc...
Apr 22, 2021
India posts daily rise of over 300,000 COVID-19 cases, record death toll
BENGALURU (Reuters) - India on Thursday reported more than 300,000 coronavirus cases over the last 24 hours, the highest daily global total, while COVID-19-related deaths also jumped by a record. Indi...
Apr 22, 2021
Hong Kong robots help autistic children boost social skills
HONG KONG (Reuters) - A Hong Kong professor has developed an educational programme using role-playing robots to help children with autism improve their social skills, part of an initiative adopted by ...
Apr 22, 2021
