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Investing
Scholz eyes Joachim Nagel to run Germany’s Bundesbank
Joachim Nagel, a top executive at the Bank for International Settlements, has moved into pole position to head Germany’s central bank in one of the first major appointments by the country’s incoming coalition government, according to a…
4 Dow Stocks to Add to Your Portfolio in December
Although the economy is under inflationary pressure, a recent decline in weekly jobless claims, better-than-expected private payrolls in November, and President Biden's strategic initiatives to contain the spread of the omicron variant…
EU regulator begins real-time review of Valneva's COVID-19 shot
The decision to start the real-time review - which could speed up approval of the shot - was based on preliminary studies that suggest the vaccine, VLA2001, triggers an antibody response against the coronavirus, the European Medicines…
Newmont forecasts higher gold output in 2022
(Reuters) -Newmont Corp projected a jump in gold production for 2022 on Thursday as its operations recover from a pandemic-driven hit and investments to boost output at its Boddington mine in Australia and Ahafo in Ghana pay-off.The world's…
UN goes on lockdown, man with gun outside
Live news video showed a heavy police presence outside the fence around the compound on Manhattan's East Side as the man paced back and forth.Police were trying to establish a dialogue with the man, who appeared to be his 60s, a New York…
U.S. SEC mandates foreign companies spell out ownership structure, disclose auditing certifications
WASHINGTON (Reuters) -Chinese companies that list on U.S. stock exchanges must disclose whether they are owned or controlled by a government entity, and provide evidence of their auditing inspections, the Securities and Exchange Commission…
Credit Suisse chair pledges to overhaul bankers’ pay
Credit Suisse chair António Horta-Osório has vowed to overhaul the bank’s pay policy after a succession of crises enraged investors and sent its share price tumbling.The bank will present a new pay policy at its annual general meeting in…
United warns Omicron is threat to transatlantic flights
United Airlines chief executive Scott Kirby has become the first boss of a big US carrier to warn the Omicron coronavirus variant is a threat to transatlantic travel.“My guess is we’ll have less flying to Europe than we would have in…
Fed official’s parting shot: first Covid stimulus, then ‘colonisation of Mars’
The emergency lending facilities rolled out by the Federal Reserve at the start of the pandemic threaten to set a dangerous precedent that will put pressure on the central bank to fund all manner of government projects — including even the…
Polestar sees global vehicle sales growing tenfold by 2025-CEO
(Reuters) - Polestar, the premium electric vehicle maker owned by China's Geely and Volvo Cars, expects sales to hit 29,000 this year and to grow tenfold by 2025 as it rolls out new vehicles starting with an SUV next year, its chief…
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