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FTSE Russell to drop eight Chinese companies after U.S. blacklisting
By Ross Kerber and Alexandra Alper BOSTON/WASHINGTON (Reuters) - Index provider FTSE Russell said on Friday it will delete shares of Hikvision and seven other Chinese companies from certain products after a U.S. order restricting the purchase of ...
Credit Suisse chairman hints at lower bonus payouts: newspaper
ZURICH (Reuters) - Credit Suisse will take into account the coronavirus pandemic when setting bonuses and the impact is likely to be negative, Chairman Urs Rohner told Schweiz am Wochenende in an interview published on Saturday. "The pandemic is ...
S&P keeps rating for Mexico's Pemex unchanged
MEXICO CITY (Reuters) - S&P; Global Ratings on Friday kept the credit rating of Petroleos Mexicanos (Pemex) unchanged after it confirmed the investment grade rating of Mexico's government, which serves as the benchmark for the Mexican state oil ...
THE WRAP: Parking fees, super-trees and games where you backstab your buddy
Other Ocean banks on traitorous good fun Ryan Hale and Other Ocean’s game design crew in St. John’s and Charlottetown can now say they’re big in Japan. Not Anne of Green Gables big, but they’ve got buyers, ...
U.S. equity funds see $6 billion weekly inflow -Lipper
(Reuters) - U.S.-based equity funds drew $6 billion in net inflows in the week ended Wednesday, according to Lipper. U.S. taxable bond funds attracted a net $4.1 billion over the week, while money market funds shed a net $2.8 billion, Lipper data ...
Trump administration encourages offshore drilling in final energy push
By Jessica Resnick-Ault NEW YORK (Reuters) - The U.S. Bureau of Safety and Environment Enforcement, which overseas offshore oil and gas production, said it will consider lower royalty payments for producers that invest in projects to enable ...
Sterling in for bumpy December before gaining in 2021: Reuters Poll
By Jonathan Cable LONDON (Reuters) - Sterling could be in for a bumpy December as Britain's informal membership of the European Union expires at the end of the year and the two sides have yet to agree on their future trading relationship, a ...
World Bank lends Morocco $400 million to support welfare plans
RABAT (Reuters) - The World Bank said on Friday it has approved a $400 million loan in support of Morocco’s reforms to strengthen the safety net for poorer households following the coronavirus pandemic. The funding will support social assistance ...
Dollar edges higher as Brexit talks pause, but posts worst week in a month
By Gertrude Chavez-Dreyfuss and Suzanne Barlyn NEW YORK (Reuters) - The U.S. dollar rose from 2-1/2-year lows on Friday, as European Union and British negotiators paused talks for a post-Brexit trade deal, weighing on sterling, though the ...
Gucci donates $500,000 to UNICEF to help supply COVID vaccines
MILAN (Reuters) -Luxury brand Gucci, owned by French group Kering, will give at least $500,000 to UNICEF to help supply and distribute COVID-19 vaccines to vulnerable people around the world, it said on Friday. In addition to the $500,000 donation, ...