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An aerial view shows agricultural fields as California faces its worst drought since 1977, in Mundo, California, U.S., July 4, 2021. Picture taken with a drone REUTERS/Aude Guerrucci Register now for FREE unlimited access to Reuters.com Register Jan 27 (Reuters) – Insurance payments to U.S. farmers for crops lost to droughts and flooding have risen […]

A company logo is pictured at the headquarters of Germany’s Commerzbank AG in Frankfurt, Germany, February 13, 2020. REUTERS/Ralph Orlowski Register now for FREE unlimited access to Reuters.com Register Bank still expects full-year profit Provisions related to Swiss franc mortgage loans FRANKFURT, Jan 21 (Reuters) – Commerzbank (CBKG.DE) on Friday said its fourth-quarter earnings would […]

SINGAPORE, Jan 17 (Reuters) – Credit Suisse (CSGN.S) Chairman Antonio Horta-Osorio, who was being investigated by the Swiss bank’s board for breaching COVID-19 quarantine rules, has quit with immediate effect and board member Axel Lehmann has taken over the role. “I regret that a number of my personal actions have led to difficulties for the […]

Telecom firms in ‘crisis management mode’, says minister Economic crash has hammered currency, crippled power grid Diesel generators now needed to keep mobiles running Political deadlock means state-run firms can’t hike prices BEIRUT, Jan 12 (Reuters) – Lebanon’s telecom duopoly, once cash cows for the state, used to allocate most of their spending on wages, […]

A 3D printed Facebook’s new rebrand logo Meta is placed on laptop keyboard in this illustration taken on November 2, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Jan 7 (Reuters) – The head of communications at Facebook parent Meta Platforms Inc (FB.O), John Pinette, is leaving the company, the Wall […]

Chinese 100 yuan banknotes are seen in a counting machine while a clerk counts them at a branch of a commercial bank in Beijing, China, March 30, 2016. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register Dec new loans seen at 1.25 trln yuan vs 1.27 trln yuan in Nov Dec money […]

BERLIN, Jan 5 (Reuters) – TUI (TUIGn.DE) is planning to finance new hotels and cruise ships by setting up investment funds rather than through borrowing, its strategy director was quoted by German magazine WirtschaftsWoche as saying. The world’s largest holiday company had to be propped up with billions of euros of government aid after its […]

Facebook, TikTok, Twitter apps are seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register MOSCOW, Dec 16 (Reuters) – Russia fined Twitter (TWTR.N), Facebook owner Meta Platforms (FB.O) and TikTok on Thursday for failing to delete content the government deems illegal, a […]

Nick Clegg, VP of World Affairs & Communications at Meta (Fb), participates remotely within the Net Summit, Europe’s largest expertise convention, in Lisbon, Portugal, November 2, 2021. REUTERS/Pedro Nunes Nov 2 (Reuters) – Fb Inc’s (FB.O) head of world affairs, Nick Clegg, stated the corporate was engaged on methods to guard customers within the metaverse, […]

The Chinese language nationwide flag is seen in Beijing, China April 29, 2020. REUTERS/Thomas Peter/File Photograph SHANGHAI/BEIJING, Nov 9 (Reuters) – A think-tank of China’s highly effective state council met actual property builders and banks in Shenzhen metropolis, a supply with direct information of the assembly advised Reuters, amid intensifying worries over a liquidity disaster […]