World News

China announces measures to support Macau’s economic and financial development: regulator

HONG KONG (Reuters) – China banking and insurance regulator on Friday announced measures to further strengthen financial cooperation between Macau and the Mainland China. The measures include supporting Macau banks to set up institutions in the mainland and also supporting mainland insurance funds to invest in Macau, on condition of compliance and controllable risks, the […]

World News

Wine caves and billionaires: Buttigieg under fire over fundraising at Democratic debate

By Ginger Gibson and Tim Reid LOS ANGELES (Reuters) – Rising Democratic candidate Pete Buttigieg came under attack during a debate among U.S. presidential hopefuls on Thursday, as his rivals questioned the 37-year-old mayor’s thin political resume and criticized his fundraising from wealthy donors. During the sixth debate for Democrats seeking their party’s nomination to […]

World News

German union extends strike at Amazon’s Leipzig warehouse until December 24

BERLIN, Germany (Reuters) – Amazon <AMZN.O> workers in the eastern German city of Leipzig will extend until Christmas Eve their strike over pay and conditions, trade union Verdi said on Friday. Since 2013, unions have staged repeated strikes at Amazon’s facilities in Germany – Amazon’s second-largest market after the United States – hoping to force […]

World News

Wall Street analysts bullish over Nike’s digital growth, look past margin weakness

(Reuters) – Wall Street analysts were upbeat about Nike Inc’s <NKE.N> long-term growth, encouraged by the sportswear maker’s robust online sales and strength in China that helped overcome slowing demand in North America, its biggest market. At least eight brokerages boosted their price target on the Dow-component’s stock on Friday, with Deutsche Bank making the […]