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Marketmind: What if transitory is not so transitory after all?
A look at the day ahead from Dhara Ranasinghe. The U.S. Federal Reserve is sticking with the mantra that inflation is transitory and there's no rush to tighten policy but some others are feeling uneas...
Syndicated Content Jul 16, 2021
Virus outbreaks at Olympic hotels sow frustration, stoke infection fears
By Ju-min Park, Eimi Yamamitsu and Antoni Slodkowski TOKYO (Reuters) - Coronavirus outbreaks involving Olympic teams in Japan have turned small-town hotels into facilities on the frontline of the pand...
Syndicated Content Jul 16, 2021
Taiwan June export orders seen up for 16th straight month: Reuters poll
TAIPEI (Reuters) - Taiwan's export orders likely rose in June for the 16th consecutive month, a Reuters poll showed, buoyed by strong sustained demand for technology products during lockdowns as milli...
Syndicated Content Jul 16, 2021
High water still closes Rhine in south Germany to shipping
HAMBURG (Reuters) - Parts of the river Rhine in south Germany remain closed to shipping on Friday after a rise in water levels following recent torrential rain, German authorities said. At least 42 pe...
Syndicated Content Jul 16, 2021
Drugmaker GSK plans $550 million expansion of England R&D facility
(Reuters) -Britain's GlaxoSmithKline on Friday laid out plans to set up a new life sciences campus within its R&D site in Stevenage, England, raising up to 400 million pounds ($552.76 million) by sell...
Syndicated Content Jul 16, 2021
Honda CEO says willing to form alliance to make electrification profitable
TOKYO (Reuters) - Honda Motor Co's chief executive said on Friday the Japanese automaker was willing to form new alliances to make electrification profitable. "If through an alliance Honda can accompl...
Syndicated Content Jul 16, 2021
Younger shoppers send Burberry sales surging
LONDON (Reuters) -Burberry, the British brand searching for a replacement for departing boss Marco Gobbetti, said its like-for-like sales had risen above pre-pandemic levels, driven by new younger cus...
Syndicated Content Jul 16, 2021
Puma raises 2021 outlook, prompted by strong second quarter
BERLIN (Reuters) - German sportswear company Puma raised its 2021 sales outlook on Friday, boosted by strong second quarter demand, especially in North America. Puma said it now expects 2021 currency-...
Syndicated Content Jul 16, 2021
Richemont first-quarter sales more than double helped by jewellery, Americas
ZURICH (Reuters) - Cartier maker Richemont said on Friday that constant-currency sales more than doubled in the three months to June 30 as the pandemic's impact waned and it was lifted by a strong per...
Syndicated Content Jul 16, 2021
Former Japanese Olympian Murofushi urges swift decision-making at pandemic-hit Games
By Antoni Slodkowski and Ami Miyazaki TOKYO (Reuters) - Japanese Olympic gold medallist turned chief of the Japan Sports Agency, Koji Murofushi, said on Friday that Olympics organisers needed flexibil...
Syndicated Content Jul 16, 2021
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