Chinas Auto Sales Surge FourFold in Feb

BEIJING, March 11 Reuters Auto sales in China, the worlds biggest auto market, surged 365 in February over the same month a year earlier, for their 11th month of gains, as the country leads the global industrys recovery from the COVID19 pandemic. Sales reached 1.46 million vehicles in February, data from the China Association of […]
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AerCap Confirms AircraftLeasing Business Talks with GE

Reuters Irelands AerCap Holdings NV on Tuesday confirmed ongoing discussions with General Electric Co to acquire its aircraftleasing business. The U.S. business, known as GE Capital Aviation Services or GECAS, is one of the worlds biggest jetleasing companies. It leases passenger aircraft made by companies including Boeing Co and Airbus SE. Reuters on Monday reported […]
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U.S. Job Growth Likely Regained Steam in February

U.S. job growth likely accelerated in February as more services businesses reopened amid falling new COVID19 cases, quickening vaccination rates and additional pandemic relief money from the government, putting the labor market recovery back on firmer footing and on course for further gains in the months ahead. The Labor Departments closely watched employment report on […]
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EU Approves 24B French Scheme to Help VirusHit Companies

EU competition enforcers on Thursday cleared a 20billioneuro 24 billion French scheme to help virushit companies via quasiequity loans and subordinated debt. The European Commission said the scheme consists of a state guarantee for private investment vehicles, funded by private investors, that will acquire participating loans distributed by commercial banks as well as subordinated bonds, […]
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Euro Zone Bonds Calm Down as Markets Look to Powell

AMSTERDAM, March 4 Reuters Euro zone bond yields dipped on Thursday after a global bond selloff a day earlier that spooked markets, with focus on a speech from Federal Reserve Chairman Jerome Powell due later in the day. Bets that U.S. stimulus would boost inflation and growth pushed government bonds worldwide to their worst performance […]
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