Category Archives:
KKR buys stake in communications firm FGS Global
By Milana Vinn NEW YORK (Reuters) - Private equity firm KKR & Co Inc has agreed to buy a significant stake in FGS Global in a deal that values the financial communications group at about $1.4 billion....
Apr 11, 2023
Euro zone investor morale improves in April
BERLIN (Reuters) - Investor morale in the euro zone improved in April after a surprise dip in March, in a resumption of improvements of recent months as the assessment of current conditions rose to th...
Apr 11, 2023
Swiss parliament holds emergency session on Credit Suisse rescue
By Noele Illien and John Revill BERN (Reuters) - Since Switzerland's authorities last month pulled out all the stops to rush through a rescue of Credit Suisse, a storm has been brewing in the normally...
Apr 11, 2023
Boeing says 11 Chinese airlines have resumed operating 737 MAX
BEIJING (Reuters) - Boeing said on Tuesday that 11 Chinese airlines have resumed operation of the 737 MAX as of April 10, in a positive sign for the U.S. planemaker's attempts to rebuild its business ...
Apr 11, 2023
Smaller Chinese banks cut deposit rates on squeezed margins
BEIJING (Reuters) - Several small and mid-sized banks in China have lowered their deposit interest rates, a move that could help ease costs as loan growth faces more pressure amid rising economic risk...
Apr 11, 2023
Uniqlo owner expected to post 30% profit rise, as investors eye China results
By Rocky Swift TOKYO (Reuters) - Second-quarter results from Japan's Fast Retailing Co, owner of clothing brand Uniqlo, will on Thursday offer a window into how rapidly demand in China is recovering a...
Apr 11, 2023
Hyundai Motor Group to invest $18 billion in EV industry in S.Korea by 2030
SEOUL (Reuters) -Hyundai Motor Group said on Tuesday it planned to invest 24 trillion won ($18.14 billion) in South Korea's electric vehicle (EV) industry through 2030 in a bid to bolster the EV ecosy...
Apr 11, 2023
Three quit Samsung India’s public policy team in a week -sources
By Munsif Vengattil and Aditya Kalra NEW DELHI (Reuters) - Three public policy executives of the India team of Samsung Electronics have resigned, sources told Reuters on Tuesday, in simultaneous depar...
Apr 11, 2023
BMW sales fall slightly in Q1
(Reuters) - BMW delivered 588,138 vehicles in the first quarter of this year, down 1.5% on the previous year, the German carmaker said on Tuesday. Electric vehicle sales rose 83.2% year-on-year to 64,...
Apr 11, 2023
Analysis-Japan’s upbeat wages may keep new BOJ chief on hook for policy tweak
By Leika Kihara TOKYO (Reuters) - Japan's new central bank governor Kazuo Ueda says he is in no rush to shift away from the radical monetary stimulus of his predecessor, but wage pressures may force h...
Apr 11, 2023
Peoria, IL, USA
45 °F Sunny
