EU Watchdogs Call For Rapid Action To Catch Up With Digital Finance

EU Watchdogs Call For Rapid Action To Catch Up With Digital Finance

LONDON (Reuters) – Rapid action is needed to update how cross-border financial services are scrutinised and consumers protected as the sector becomes digitalised with “Big Tech” playing an increased role, European Union regulators said on Monday. People are using smartphones to buy and sell shares, move money around bank accounts and make payments, a trend…

Read More

Aurubis Confirms 85% Quarterly Profit Rise, Raised Earnings Forecast

HAMBURG (Reuters) -Aurubis AG, Europe’s largest copper producer, on Monday confirmed an 85% rise in quarterly profits and reiterated increased full-year earnings estimates as high metal prices and strong output boosted results. Aurubis reaffirmed operating earnings before taxes (operating EBT) in the first quarter of its 2021/22 financial year ending Dec. 31 of 152 million…

Read More
Indonesia's GDP Speeds Up On Easing COVID-19 Curbs, Brisk Exports

Indonesia’s GDP Speeds Up On Easing COVID-19 Curbs, Brisk Exports

By Gayatri Suroyo and Stefanno Sulaiman JAKARTA (Reuters) -Indonesia’s economic growth accelerated in the final quarter of last year as consumption perked up following the easing of anti-virus mobility restrictions and as stronger commodity prices pushed exports to record highs. Southeast Asia’s largest economy grew 5.02% on a yearly basis in the October-December quarter, compared…

Read More