Author Archives: Syndicated Content
UK economy grew by stronger-than-expected 1.3% in fourth-quarter
LONDON (Reuters) - Britain's coronavirus-hammered economy grew more quickly than previously thought in the final three months of 2020, official data showed on Wednesday. Gross domestic product increas...
Mar 31, 2021
COVID-19 pushes Lloyd’s of London to $1.2 billion loss in 2020
LONDON (Reuters) - The coronavirus pandemic pushed Lloyd's of London to a 900 million pound ($1.24 billion) pre-tax loss in 2020, compared with a 2.5 billion pound profit in 2019, the commercial insur...
Mar 31, 2021
H&M swings to loss in first-quarter, will not propose dividend at AGM
STOCKHOLM (Reuters) - Sweden's H&M swung to a loss in the December-February period that roughly matched expectations and said on Wednesday it would not propose a dividend at its upcoming annual genera...
Mar 31, 2021
Tencent’s e-book spinoff eyes North American expansion
By Pei Li (Reuters) - Tencent's e-book spinoff China Literature is looking to grow its North American business as it seeks to tap surging demand for content outside its home market, a senior executive...
Mar 31, 2021
In mutant variants, has the coronavirus shown its best tricks?
By Kate Kelland and Julie Steenhuysen LONDON/CHICAGO (Reuters) - The rapid rise in different parts of the world of deadly, more infectious coronavirus variants that share new mutations is leading scie...
Mar 31, 2021
Online fashion outlet Otrium raises $120 million ahead of U.S. launch
BERLIN (Reuters) - Otrium, an online outlet store for fashion brands, said on Wednesday it had raised $120 million from investors as it launches in the United States and develops its platform for trad...
Mar 31, 2021
Saudi Arabia’s bourse invites banks to pitch for roles in its upcoming IPO: sources
By Hadeel Al Sayegh and Saeed Azhar DUBAI (Reuters) - Saudi Arabia's bourse, Tadawul, has invited banks to pitch for roles in its highly-anticipated flotation, three sources told Reuters on Wednesday....
Mar 31, 2021
Bill in hundreds of thousands for Australian oyster farm decimated by floods
By Stefica Nicol Bikes DUNBOGAN, Australia (Reuters) - Oyster farmer Brett Harper glides over the water to his lease, checking on what remains after devastating floods left his business on Australia's...
Mar 31, 2021
France’s Capgemini ups mid-term margin targets on global tech expansion
(Reuters) - French consulting and IT services provider Capgemini raised its mid-term margin targets on Wednesday, citing the rapidly expanding use of cloud solutions and artificial intelligence across...
Mar 31, 2021
U.S. trade war pushing China to steal tech, talent, Taiwan says
TAIPEI (Reuters) - The China-U.S. trade war is pushing Beijing to step up its efforts to steal technology and poach talent from Taiwan to boost China's semiconductor industry's self-sufficiency, the g...
Mar 31, 2021
