Evergrande Shares Fall After President Slashed Stake; Fantasia suspends the negotiation

Evergrande Shares Fall After President Slashed Stake Fantasia suspends the

A general view of Funian Plaza, a complex developed by Fantasia Holdings, in Shenzhen, Guangdong province, China, on November 10, 2021. REUTERS / David Kirton Sign up now for FREE unlimited access to reuters.com Check in HONG KONG, Nov 29 (Reuters) – Shares of China Evergrande Group (3333.HK) fell as much as 4.8% on Monday … Read more

EXCLUSIVE Telecommunications companies in Europe want US tech giants to help finance network costs

EXCLUSIVE Telecommunications companies in Europe want US tech giants to

BRUSSELS, Nov 29 (Reuters) – US tech giants should bear some of the costs of developing Europe’s telecommunications networks because they use them a lot, said the CEOs of Deutsche Telekom (DTEGn.DE), Vodafone (VOD.L) and 11 other European telecommunications companies said on Monday. The CEO call comes as the telecommunications industry faces massive investments in … Read more

EXCLUSIVE Visa Complains to US Government About India’s Backing of Local Rival RuPay

EXCLUSIVE Visa Complains to US Government About Indias Backing of

India’s RuPay dominates the number of cards issued Prime Minister Modi and other officials promote the use of RuPay Visa Said US Governor Modi’s Linked RuPay Use To National Service NEW DELHI, Nov 28 (Reuters) – Visa Inc (VN) has complained to the US government that India’s “informal and formal” promotion of domestic payments rival … Read more

Even in Shenzhen’s tech hub, China’s real estate market succumbs to chills

Even in Shenzhens tech hub Chinas real estate market succumbs

SHENZHEN, China, Nov. 29 (Reuters) – Life used to be good for Jerry Tang, who left his rural hometown in 2014 to become a realtor in Shenzhen, China’s tech megacity and one of the hottest real estate markets in the world. world. Just a few years ago Tang could earn up to 50,000 yuan ($ … Read more

Telecom Italia loses CEO in boardroom showdown amid KKR approach

Telecom Italia loses CEO in boardroom showdown amid KKR approach

Tim’s logo is seen at his headquarters in Rome, Italy, on November 22, 2021. REUTERS / Yara Nard Sign up now for FREE unlimited access to reuters.com Check in CEO of TIM Brasil, Labriola, appointed CEO KKR has submitted a $ 12 billion proposal to make TIM private Under fire from a major investor, the … Read more

LATAM Airlines presents restructuring plan to get out of bankruptcy

LATAM Airlines presents restructuring plan to get out of bankruptcy

A Latam Airlines banner is seen next to empty check-in counters at Brasilia International Airport as air traffic is affected by the coronavirus disease (COVID-19) outbreak, in Brasilia, Brazil, on May 28. 2020. REUTERS / Ueslei Marcelino Sign up now for FREE unlimited access to reuters.com Check in Nov 27 (Reuters) – Chile’s LATAM Airlines … Read more

Chinese e-commerce platform Pinduoduo crashes after revenue loss

Chinese e commerce platform Pinduoduo crashes after revenue loss

The Pinduoduo logo is seen in this illustration photo taken on July 17, 2018. REUTERS / Thomas White / Illustration Sign up now for FREE unlimited access to reuters.com Check in BEIJING, Nov 26 (Reuters) – US shares of Pinduoduo Inc (PDD.O) fell as much as 18% in early trading on Friday after the Chinese … Read more

Bitcoin Slumps As Coronavirus Variant Shakes Markets

Explainer Bitcoin goes through a major update This is what

A representation of the virtual cryptocurrency Bitcoin is seen in this photo illustration taken on October 19, 2021. REUTERS / Edgar Su / File Photo / File Photo Sign up now for FREE unlimited access to reuters.com Check in LONDON, Nov. 26 (Reuters) – Bitcoin fell nearly 8% on Friday after the discovery of a … Read more

China does not commit to US oil release ‘drop in the ocean’

China does not commit to US oil release drop in

China says it will release oil reserves according to its needs OPEC + meets on December 2, but no signs of change in tactics Biden under political pressure as inflation rises Oil Releases a ‘Drop in the Ocean’ -Goldman Sachs Crude prices remain stable on Wednesday BEIJING, Nov 25 (Reuters) – China, the world’s largest … Read more

Fed to Launch Faster Cut Plan Starting January: Goldman Sachs

Fed to Launch Faster Cut Plan Starting January Goldman Sachs

Federal Reserve Chairman Jerome Powell listens as US President Joe Biden nominates him for a second four-year term in the South Court auditorium of the Eisenhower Executive Office Building at the White House in Washington, USA, November 22, 2021. REUTERS / Kevin Lamarque / File Photo LONDON, Nov 25 (Reuters) – The U.S. Federal Reserve … Read more

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