Top China brokerage CITIC posts 55% rise in 2021 profit on investment gains
BEIJING/SHANGHAI – CITIC Securities Co, China’s biggest brokerage, reported on Monday a 55.01% rise in profit in 2021, led by strong gains in securities investments. …
BEIJING/SHANGHAI – CITIC Securities Co, China’s biggest brokerage, reported on Monday a 55.01% rise in profit in 2021, led by strong gains in securities investments. …
HOUSTON – California diesel prices climbed 52.5 cents a gallon this week in the San Francisco Bay market because of a hydrotreater outage at Chevron …
By Ann Saphir – Cleveland Federal Reserve Bank President Loretta Mester on Tuesday said she would like to raise interest rates to about 2.5% by …
NEW YORK CITY, NY – A rise in groping incidents against women in New York City continues after a man forcibly touched a woman in …
ISTANBUL – Turkish Finance Minister Nureddin Nebati said on Saturday the global rise in energy prices was accelerating inflation in the country, but Ankara would …
ZURICH – European Central Bank (ECB) policymaker Robert Holzmann told an Austrian newspaper that the bank could send a clear message about fighting inflation by …
EDINBURG, Texas – Rio Grande Valley Border Patrol Sector (RGV) agents continue to experience a high volume of migrants crossing into the United States. RGV …
WASHINGTON – U.S. business inventories increased strongly in January, though the pace slowed from prior months, which could result in inventory investment making no contribution …
OTTAWA – Canadian housing starts rose 8% in February compared with the previous month on gains in both multiple urban starts and single detached urban …
– Brazilian fintech Nubank said on Monday that new central bank rules for digital banks will bring lower capital requirements than originally expected next year …
By Francesca Landini and Valentina Za MILAN – Italy’s Atlantia expects its core profit to rise by 27% by 2024, it said on Friday, as …
By David Milliken LONDON – The Bank of England looks set to lift interest rates to 0.75% on Thursday, its third rate rise in a …
LONDON – The British public’s expectations for the rate of inflation in a year’s time rose to the highest since 2008, although the increase in …
By Shashwat Awasthi and Harshita Swaminathan – Investors raised their bearish views on most Asian currencies, with short bets on the Indian rupee at a …
By Selena Li and Carolyn Cohn HONG KONG/LONDON -Prudential PLC notched up a 16% rise in 2021 operating profit after it strengthened its focus on …
By Trevor Hunnicutt, Steve Holland and Andrea Shalal WASHINGTON -U.S. President Joe Biden on Tuesday imposed an immediate ban on Russian oil and other energy …
By Federica Urso – The U.S. economy could get a $1 trillion boost over the next 10 years if female labor market participation grew to …
By John Revill ZURICH – The Swiss National Bank repeated on Monday its pledge to intervene on the currency markets to curb a rise in …
LONDON -Moody’s cut Russia’s credit rating to Ca on Sunday, the second-lowest rung of its ratings ladder, citing central bank capital controls that are likely …
FRANKFURT – TUI, the world’s largest holiday company, is seeing a rise in holiday bookings towards pre-pandemic levels, the head of the group’s German business …
MEXICO CITY – Mexico’s year-on-year inflation likely accelerated in February after cooling slightly over the previous two months, a Reuters poll showed Friday, reinforcing expectations …
BRUSSELS – Euro zone retail sales grew by less than expected in January, Eurostat data showed on Friday, pulled down by weaker sales of fuel …
GENEVA – The U.N. human rights office said on Thursday that it had confirmed 249 civilians have been killed and 553 injured in Ukraine during …
PARIS – Thales posted a 32% rise in operating income and record cashflow, as Europe’s largest defence electronics company swung back into the black in …
By Dmitry Zhdannikov and Julia Payne LONDON – Disruptions to Russian oil exports intensified on Wednesday with more countries and companies refusing to import and …
San Antonio, TX – The U.S. Marshals Service is warning the public of a telephone scam involving a fraudulent caller contacting individuals, threatening arrest and …
By Hari Kishan and Sarupya Ganguly BENGALURU – U.S. house prices are set to climb in double digits this year even as the Federal Reserve …
TEANECK, NJ – The Teaneck Police Department has issued a warning to residents about an increase in the theft of package deliveries within the township. …
(Corrects headline to strategic “review”, from “options”) – Albertsons Cos Inc said on Monday it had started a review of potential strategic alternatives, including financial …
Olga Sagan will close her Piroshky Piroshky Bakery’s downtown Seattle location because of crime and concern for her employees’ safety, the bakery announced Monday. “For …
DEL RIO, Texas – U.S. Border Patrol agents assigned to the Del Rio Sector encountered more than 30 migrants, trapped in rail cars, in 48 hours. …
MILAN – Italian lenders increased their domestic government bond holdings in January, European Central Bank data showed on Friday. Their portfolio rose to 419.62 billion …
SEOUL – South Korea’s exports likely increased for a 16th month in February, and at a faster pace, a Reuters poll showed on Friday, though …
WELLINGTON – New Zealand retail sales volumes rose a seasonally adjusted 8.6% in the fourth quarter of 2021, data from Statistics New Zealand showed on …
CHICAGO – The value of U.S. farm exports will reach a record $183.5 billion in 2022, the government said on Thursday. Overseas demand from traditional …
By Danilo Masoni MILAN – European defence stocks were among the rare gainers in a falling market on Thursday on bets of bigger spending after …
DUBAI – Saudi Aramco shares surged as much as 4.2% to a record high 42.25 riyals ($11.26) on Thursday as oil prices breached the $100 …
ZURICH – Adecco expects “solid revenue growth” at the start of 2022, the temporary staffing and training company said on Thursday, after reporting a 2% …
By Md Manzer Hussain BENGALURU – Strong demand is likely to make Dubai house prices rise more sharply this year than previously thought, although plentiful …
By Amna Karimi – Coca-Cola HBC said on Tuesday it had contingency plans to cope with the escalating Russia-Ukraine crisis, as the London-listed soft drinks …
MEXICO CITY – Mexican annual inflation likely accelerated in the first half of February after slowing during the past eight weeks, a Reuters poll showed …
LONDON – Investors pumped money into U.S. Treasuries at the fastest pace in nearly two years in the week to Wednesday and yanked funds out …
KUALA LUMPUR – Malaysia’s exports rose 23.5% from a year earlier in January, government data showed on Friday. Imports in January grew 26.5% year-on-year, while …
JOHANNESBURG – Africa’s largest mobile operator by subscriber numbers, MTN said on Friday its profits for the year to Dec. 31 would probably rise by …
PARIS – Carrefour shares opened 2.8% higher on Thursday as investors cheered record cash generation in 2021 and a confident outlook for 2022, reflected in …
The U.S. coastal sea level is projected to rise by at least one foot over the next 30 years, the same amount recorded over the …
DEl RIO, Texas – U.S. Border Patrol agents assigned to the Del Rio Sector encountered more than 160 unaccompanied migrant children from Feb. 4-11. This …
By Devik Jain, Davide Barbuscia and Chuck Mikolajczak NEW YORK – Investors were bracing for more market volatility after a sharper-than-expected rise in consumer prices …
NEW YORK – U.S. consumer prices rose solidly in January, leading to the biggest annual increase in inflation in 40 years, which could fuel financial …
By Nichola Saminather and Sohini Podder – Canadian insurers Manulife Financial and Sun Life Financial narrowly beat quarterly earnings expectations on Wednesday, driven by strong …