Category Archives:
Broadcom seeks to convince EU antitrust regulators on $61 billion VMware deal
By Foo Yun Chee BRUSSELS (Reuters) - U.S. chipmaker Broadcom on Friday will try to convince EU antitrust enforcers that its proposed $61 billion bid for cloud computing company VMware, which has trigg...
Syndicated Content May 05, 2023
Analysis-Fewer luxury shoppers but bigger spenders as Chinese return to Europe
By Casey Hall and Mimosa Spencer SHANGHAI/PARIS (Reuters) - China's five-day Labour Day holiday in early May was once a good excuse for a quick European jaunt - with a side of luxury shopping on the a...
Syndicated Content May 05, 2023
Ant Group weighs stake sale of Hong Kong virtual banking unit – Bloomberg News
(Reuters) - Ant Group Co is considering selling its stake in its virtual banking unit in Hong Kong, Bloomberg News reported on Friday citing people familiar with the matter. (Reporting by Rishabh Jais...
Syndicated Content May 04, 2023
Spain’s Caixabank Q1 net profit rises 21% on lending income
By Jess Aguado MADRID (Reuters) -Spain's Caixabank said on Friday its net profit rose 21% in the first quarter from the same period in 2022 thanks to a strong increase in lending income and a solid pe...
Syndicated Content May 04, 2023
Marketmind: German data in the rear-view mirror
A look at the day ahead in European and global markets from Vidya Ranganathan. The euro is digesting a widely anticipated hawkish quarter-point rate rise from the European Central Bank, and is off its...
Syndicated Content May 04, 2023
Slower US job growth expected in April; unemployment rate seen rising to 3.6%
By Lucia Mutikani WASHINGTON (Reuters) - U.S. employers likely hired the fewest workers in nearly 2-1/2 years in April as the cumulative and delayed effects of higher interest rates start to impact a ...
Syndicated Content May 04, 2023
7-Eleven spin-off would jeopardise growth, CEO says, pushing back at ValueAct
By Ritsuko Shimizu TOKYO (Reuters) - A spin-off of 7-Eleven would jeopardise the convenience store chain's future growth by cutting it off from its parent's strength in the food business, the chief ex...
Syndicated Content May 04, 2023
Macquarie commodities and markets boss earns $39 million, trumping CEO
SYDNEY (Reuters) - Macquarie Group's commodities and global markets (CGM) division head earned about A$57.6 million ($39 million) for the year ending March 31, topping the CEO's A$32.8 million compens...
Syndicated Content May 04, 2023
China to enhance credit support to private investment projects
BEIJING (Reuters) - China's state planner will step up credit support for projects with private investment, the state-run People's Daily reported on Friday, reinforcing efforts to encourage more priva...
Syndicated Content May 04, 2023
Philippine inflation slows in April, builds case for a rate pause
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) - Philippine annual inflation was on track to settle within the government's 2% to 4% target in the fourth quarter after it eased further i...
Syndicated Content May 04, 2023
Peoria, IL, USA
43 °F Clear
