BEIJING (Reuters) – China posted a record trade surplus in December and in 2021, as exports outperformed expectations during a global pandemic, but some analysts pointed to a slowdown in international shipments in the coming months. The trade surplus hit $676.43 billion in 2021, the highest since records started in 1950, up from $523.99 bln…
By Andrea Shalal and Ann Saphir WASHINGTON (Reuters) – U.S. President Joe Biden has picked former Federal Reserve Governor Sarah Bloom Raskin for the Fed’s key regulatory post and two Black economists – Lisa Cook and Philip Jefferson – to serve on its board in what would represent a landmark demographic overhaul of the world’s…
By Sinchita Mitra (Reuters) -Experian sees growing demand for its services in the booming buy-now-pay-later (BNPL) sector as it adds more clients to the unit, the world’s largest credit data firm said on Friday after a strong third quarter. BNPL is a segment that is becoming more mainstream and Experian’s clients are demanding the company’s…
By Farah Master HONG KONG (Reuters) -Macau’s government said on Friday that the number of new casino operators allowed to operate in the world’s largest gambling hub would be limited to six concessionaires with an operating period of up to 10 years. The announcement, which has been highly anticipated by casino executives, investors and analysts,…
LONDON (Reuters) -Tech giant Google has spent $1 billion to buy a central London building where it is currently a tenant, showing its confidence in the future of the office as a place to work, the company said on Friday. Google, which employs 6,400 people in Britain, plans a multi-million pound refurbishment of its offices…
LONDON (Reuters) – Tech giant Google has spent $1 billion to buy a central London building where it is currently a tenant, showing its confidence in the future of the office as a place to work, the company said on Friday. Google, which employs 6,400 people in Britain, plans a multi-million pound refurbishment of its…
LONDON (Reuters) – Britain’s economy grew by a much stronger-than-expected 0.9% in November, finally taking it above its size just before the country went into its first COVID-19 lockdown, the Office for National Statistics said on Friday. The world’s fifth-biggest economy was 0.7% bigger than it was in February 2020, the ONS said. Economists polled…
(Reuters) -Tesla Inc merchandise can be bought using the digital currency dogecoin, the electric-car maker’s Chief Executive Officer Elon Musk said in a tweet on Friday. Products such as the “Cyberwhistle” and “Cyberquad for Kids” could be bought using the cryptocurrency, according to the Tesla website. (https://bit.ly/3GsETQ5) Musk had tweeted in December saying Tesla will…
By Jamie Freed and Alexander Cornwell SYDNEY/ABU DHABI (Reuters) -Before the Omicron variant of coronavirus burst onto the scene in November, retired Australian Glenn Turnley was looking forward to a three-week trip to Japan, Britain and France in March – his first overseas jaunt since the pandemic began. Even though he is fully vaccinated and…
(Reuters) – Venture capital dealmaking in the United States reached an all-time high in 2021 at nearly $330 billion, buoyed by excess liquidity and an accommodative monetary policy, according to a report from PitchBook and the National Venture Capital Association. Venture capital firms ramped up bets on technology, biotech, healthcare and fintech sectors, announcing a…
