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Reuters

Reuters

  • Business News

    Hainan Airlines expects to return to net profit for 2021

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    BEIJING – Hainan Airlines expects to return to net profit for last year following restructuring and a pickup in domestic travel, the carrier said on Thursday. The airline expects to …

  • US and World News

    Analysis-Biden’s next Supreme Court nominee not likely to change its rightward push

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Lawrence Hurley, Andrew Chung and Jason Lange WASHINGTON – President Joe Biden can make history by appointing the first Black woman to the U.S. Supreme Court to succeed the …

  • Business News

    Factbox-How the SEC is cracking down on the equity market after GameStop saga

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By John McCrank and Katanga Johnson WASHINGTON – A year after the “meme stock” rally humbled hedge funds and roiled Wall Street, the U.S. Securities and Exchange Commission (SEC) is …

  • Business News

    Goodbye, Mr. Gradual, Hello Mr. Nimble: Fed Chair Powell tears up rate-hike script

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Ann Saphir and Lindsay Dunsmuir -The watchword the last time Federal Reserve Chair Jerome Powell oversaw a rate-hiking cycle was “gradual.” This time will be different. “We are going …

  • Business News

    Tata group takes control of Air India

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Aditi Shah NEW DELHI – India’s Tata Group took control of state-run carrier Air India on Thursday, finalising a $2.4 billion deal to regain ownership of the airline after …

  • Business News

    STMicro to double investments to meet high chip demand

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Mathieu Rosemain PARIS -French-Italian chipmaker STMicroelectronics plans to double its investments this year to up to $3.6 billion, buoyed by high demand that drove its earnings to beat expectations …

  • US and World News

    Russia likely to stay on diplomatic track for next two weeks – Ukraine

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Nikolaj Skydsgaard COPENHAGEN -Russia is likely to remain on a diplomatic track with Kyiv and the West for at least two weeks but will continue efforts to destabilise Ukraine, …

  • Business News

    Private sector hiring drives Spanish unemployment to pre-financial crisis levels

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    MADRID -Spanish unemployment fell in the fourth quarter to its lowest since the onset of the financial crisis of 2008, data showed on Thursday, as hiring in the farming and …

  • Business News

    Hong Kong Exchange Fund’s 2021 investment income falls 27.7% y/y – HKMA

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    HONG KONG -Hong Kong’s Exchange Fund, which is used to back the Hong Kong dollar, posted investment income of HK$170.5 billion ($21.9 billion) in 2021, the Hong Kong Monetary Authority …

  • Business News

    Analysis-Debt fears overshadow China’s infrastructure push to fight economic slowdown

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Kevin Yao BEIJING – China is counting on revived infrastructure spending to support its slowing economy, but controls over local government debt risks and falling investment returns could hamper …

  • US and World News

    Explainer-What are NATO’s next steps if Russia invades Ukraine?

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Robin Emmott BRUSSELS – NATO allies are putting forces on standby https://www.reuters.com/world/europe/nato-sends-ships-jets-eastern-europe-ukraine-crisis-2022-01-24 and sending reinforcements to eastern Europe in response to Russia’s buildup of more than 100,000 troops on …

  • Business News

    EU challenges China at WTO over trade curbs on Lithuania

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    BRUSSELS -The European Union launched a challenge at the World Trade Organization on Thursday accusing China of discriminatory trade practices against Lithuania that it says threaten the integrity of the …

  • Business News

    Norway wealth fund earns second-highest return in 2021

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Victoria Klesty OSLO -Norway’s sovereign wealth fund, the world’s largest, earned a return on investment of 1.58 trillion Norwegian crowns ($177 billion) last year, the second highest on record, …

  • Business News

    easyJet expects summer take-off after short-term Omicron hit

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Paul Sandle LONDON -Britain’s easyJet said the easing of travel restrictions had spurred demand for summer beach destinations such as Greece, Turkey and Spain, giving the airline cause for …

  • Business News

    SAP to buy U.S. fintech Taulia; eyes metaverse opportunities

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Supantha Mukherjee and Nadine Schimroszik STOCKHOLM/BERLIN -SAP said on Thursday it has agreed to buy a majority stake in privately held U.S. fintech firm Taulia as the German business …

  • Business News

    Spain’s Sabadell expects to hit profitability target a year early

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Jesús Aguado MADRID -Spain’s Banco Sabadell expects to hit its 6% profitability target a year early, it said on Thursday after posting better than forecast quarterly and annual profit …

  • Business News

    Taiwan GDP storms to decade high in 2021 on strong exports

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Jeanny Kao and Meg Shen TAIPEI -Taiwan’s economy grew last year at its fastest pace in more than a decade, driven by strong tech exports during the COVID-19 pandemic …

  • US and World News

    WTO lets China impose tariffs on U.S. in Obama-era case

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    BRUSSELS -The World Trade Organization authorised China on Wednesday to impose $645 million of compensatory tariffs against the United States, a ruling that was immediately blasted by Washington. China went …

  • Business News

    Stock selloff is far from forcing the Fed to blink

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By David Randall and Tommy Wilkes NEW YORK/LONDON -Those clinging to a decade-old belief that the Fed will mount a rescue of tanking stock markets with a last-minute pushback on …

  • Business News

    China property shares slump as planned U.S. rate hike adds to woes

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Clare Jim HONG KONG -China Evergrande Group shares slumped on Thursday after the developer’s thinly detailed roadmap for restructuring left investors dissatisfied and its indebted peers also fell on …

  • Business News

    Diageo sales jump on premium spirits and bar restocking

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Richa Naidu LONDON -Drinks group Diageo on Thursday reported first-half sales up nearly 16%, buoyed by high-end spirits for home use while bars increased orders as they reopened after …

  • California NewsFeatured NewsGood NewsSportsUS and World News

    NBA-Statue of Kobe and Gigi Bryant placed at crash site on anniversary

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Rory Carroll CALABASAS, Calif. – A sculpture of NBA great Kobe Bryant and his daughter Gianna “Gigi” Bryant was brought on Wednesday to the helicopter crash site where they …

  • US and World News

    San Jose votes to be first U.S. city to mandate gun liability insurance

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Nathan Frandino and Steve Gorman SAN JOSE, Calif. -Gun owners in San Jose, California, would be required to carry insurance coverage for their weapons and pay an annual “harm …

  • Business News

    LG Energy Solution becomes S.Korea’s No.2 firm in stellar stock debut

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Heekyong Yang and Jihoon Lee SEOUL -LG Energy Solution Ltd (LGES) on Thursday saw its stock price soar 68% on its trading debut following a record IPO, catapulting the …

  • Business News

    Now or never? European banks eye comeback against Wall Street

    by Reuters January 27, 2022
    by Reuters January 27, 2022

    By Lawrence White and Iain Withers LONDON – Replenished firepower and higher interest rates will give Europe’s banks an ideal opportunity this year to reverse recent underperformance and claw back …

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