Category Archives:
Singapore’s surprise property tax hike a ‘freezing measure’ for foreigners
By Chen Lin and Xinghui Kok SINGAPORE (Reuters) - Vera Liu, a Singapore property agent, was panicking in the wee hours of Thursday morning after new property taxes saw two of her deals fall through. S...
Apr 27, 2023
Continental, Aurora to jointly develop self-driving systems for trucks
(Reuters) - German automotive parts company Continental AG and U.S.-based self-driving technology firm Aurora Innovation said on Thursday they would jointly design and develop autonomous systems for t...
Apr 27, 2023
Deutsche Boerse launches 3.9 billion eur bid for Denmark’s Simcorp
BERLIN (Reuters) - Deutsche Boerse on Thursday launched a 3.9 billion euro ($4.31 billion) offer to take over Danish software company Simcorp SA , aiming to boost growth by increasing the range of pro...
Apr 27, 2023
AstraZeneca first quarter profit, revenue beat expectations
LONDON (Reuters) - AstraZeneca on Thursday beat expectations for its first -quarter profit and revenue, helped by sales of some of its oncology as well as rare blood disorder drugs. The London-listed ...
Apr 27, 2023
Analysis-China investment consensus cracks as politics fuel fears
By Tom Westbrook SINGAPORE (Reuters) - Decades-long foreign bullishness on China's capital markets is breaking down, investment flows and interviews with fund managers suggest, with a new era of uncer...
Apr 27, 2023
Barclays first quarter profit beats expectations
LONDON (Reuters) - Barclays reported a first quarter profit that exceeded expectations on Thursday, as a resilient performance from its consumer bank offset pressure on key other business lines. The B...
Apr 27, 2023
Unilever quarterly sales beat estimates as prices surge
LONDON (Reuters) - Unilever on Thursday reported better than expected quarterly underlying sales, as the maker of Dove soap and Ben & Jerry's ice cream raised prices yet again to compensate for higher...
Apr 27, 2023
China Evergrande debt restructuring incentive to test creditor appetite
By Clare Jim and Xie Yu HONG KONG (Reuters) - Embattled property developer China Evergrande Group will get a signal on Thursday of the level of creditor backing for its offshore debt restructuring pro...
Apr 27, 2023
STMicroelectronics posts better-than-expected Q1 results
LONDON (Reuters) - European chipmaker STMicroelectronics reported better-than-expected first-quarter results on Thursday. Its revenue rose to $4.25 billion, up from $4.42 billion the previous quarter,...
Apr 27, 2023
Founder of Taiwan’s Foxconn says China won’t attack if he’s president
TAIPEI (Reuters) - The billionaire founder of Taiwan's Foxconn and presidential hopeful Terry Gou said on Thursday China does not want war with the island and would not attack if he become president a...
Apr 27, 2023
Peoria, IL, USA
53 °F Sunny
