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Italian drugs cartels conceal payments via Chinese shadow banks
By Emilio Parodi MILAN (Reuters) - Drugs cartels operating in Italy are increasingly using shadow networks of unlicensed Chinese money brokers to conceal cross-border payments, according to Italian ju...
Syndicated Content Apr 06, 2023
Exclusive-China plans $500 million subsea internet cable to rival U.S.-backed project
By Joe Brock SINGAPORE (Reuters) - Chinese state-owned telecom firms are developing a $500 million undersea fiber-optic internet cable network that would link Asia, the Middle East and Europe to rival...
Syndicated Content Apr 06, 2023
Barcelona to finish paying stadium revamp debt 5 years earlier under new terms
MADRID (Reuters) - FC Barcelona will finish repaying the debt taken on to finance a revamp of its stadium five years earlier than previously agreed after renegotiating a 1.5 billion euro ($1.6 billion...
Syndicated Content Apr 06, 2023
Toyota looks to overhaul EV strategy as new CEO takes charge
By Norihiko Shirouzu, Joseph White and Maki Shiraki (Reuters) - After making sweeping changes to its leadership team, Japan's Toyota Motor Corp is looking at a factory floor overhaul as it maps out a ...
Syndicated Content Apr 06, 2023
Saudi Arabia commits financial support to help Pakistan secure IMF deal – Pakistani minister
By Asif Shahzad ISLAMABAD (Reuters) - Saudi Arabia has conveyed to International Monetary Fund its commitment to provide financing to Pakistan, Pakistani junior finance minister Aisha Ghaus Pasha said...
Syndicated Content Apr 06, 2023
Lazio shares plunge amid capital gains probe of Serie A clubs
MILAN (Reuters) - Shares of Italian Serie A soccer club Lazio fell sharply on Thursday a day after the launch of an investigation into allegations of false accounting on capital gains from players' tr...
Syndicated Content Apr 06, 2023
Russia’s Ozon reports 55% jump in 2022 revenue
MOSCOW (Reuters) - Russian online retailer Ozon on Thursday said its 2022 revenue jumped 55% to 277.1 billion roubles ($3.4 billion) but costs related to a major fire a fulfilment centre pushed it to ...
Syndicated Content Apr 06, 2023
Uganda central bank holds key lending rate
KAMPALA (Reuters) - Uganda's central bank on Thursday held its key lending rate at 10.0%, saying the near-term risks to the inflation outlook remained elevated. The decision, announced by deputy gover...
Syndicated Content Apr 06, 2023
Pakistan parliament rejects top court order to hold provincial snap polls – speaker
ISLAMABAD (Reuters) - Pakistan's parliament on Thursday adopted a resolution rejecting a Supreme Court order to hold provincial snap polls, the house speaker said. The top court had earlier this week ...
Syndicated Content Apr 06, 2023
Futures muted as focus shifts to jobs data amid recession fears
(Reuters) - U.S. stock index futures were subdued on Thursday as investors awaited jobs data to gauge the impact of the Federal Reserve's aggressive policy tightening on the U.S. economy. Weak data fr...
Syndicated Content Apr 06, 2023
Peoria, IL, USA
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