Chinese Property Developers Face Big Debt Maturities In 2022
By Patturaja Murugaboopathy and Andrew Galbraith (Reuters) – Chinese real estate developers are staring at enormous amounts of debt maturing…
2022
UK Inflation Rises To Highest Since March 1992
LONDON (Reuters) – British consumer price inflation rose more than expected to 5.4% in December, up from November’s 5.1% reading…
NY AG Seeks Testimony From Trump, His Children Over Financial Dealings
By Shivam Patel (Reuters) – New York Attorney General Letitia James said late on Tuesday that former U.S. President Donald…
ASML Reports Q4 Net Profit Of $2 Billion, Sees 2022 Sales Up 20%
AMSTERDAM (Reuters) – ASML Holding NV, a key supplier to computer chip makers, on Wednesday reported better-than-expected fourth-quarter earnings of…
Yellen Says U.S. State, Local Aid Strengthened Cities’ COVID Responses
By David Lawder WASHINGTON (Reuters) – The $350 billion in coronavirus relief funds for state and local governments has allowed…
Canada Puts On Hold Contracts With Malaysia Glove Maker Supermax
(This November 14 story corrects headline, paragraph 1 to say contracts put on hold, not paused imports) KUALA LUMPUR (Reuters)…
Asia Shares Drop As Treasury Yields Hit Fresh Highs
By Daniel Leussink TOKYO (Reuters) – Asia’s share markets struggled on Wednesday as U.S. Treasury yields hit fresh two-year highs…
Oil Rises To 7-year High As Turkey Outage Adds To Tight Supply Outlook
By Sonali Paul MELBOURNE (Reuters) – Oil prices rose for a fourth day to a seven-year high as an outage…
Microsoft To Gobble Up Activision In $69 Billion Metaverse Bet
By Subrat Patnaik and Supantha Mukherjee (Reuters) – Microsoft Corp is buying “Call of Duty” maker Activision Blizzard for $68.7…
Airlines Scramble To Rejig Schedules Amid U.S. 5G Rollout Concerns
By Tim Hepher and David Shepardson (Reuters) -Major international airlines rushed on Tuesday to rejig or cancel flights to the…