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Asia’s cashed-up companies beat market as volatility swirls
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) - Shares of Asian companies with big cash balances are outperforming the broader market and analysts say the money will be a cushion against vola...
Syndicated Content Apr 04, 2023
Economic institutes forecast German GDP growth of 0.3% in 2023 – sources
(Corrects previous 2024 GDP forecast to 1.9% from 1.7% in second paragraph) BERLIN (Reuters) -Five economic institutes are forecasting gross domestic product growth in Germany of 0.3% in 2023, up from...
Syndicated Content Apr 04, 2023
Two Cellnex board members quit amid pressure to change leadership
MADRID (Reuters) - Europe's largest mobile phone tower operator Cellnex said on Tuesday two of its board members have resigned following pressure on the company's management from activist fund TCI. Fo...
Syndicated Content Apr 04, 2023
Samsung Display to invest $3.1 billion in OLED production in South Korea
SEOUL (Reuters) - Samsung Electronics' unit Samsung Display plans to invest 4.1 trillion won ($3.14 billion) until 2026 in Asan, South Korea to make advanced organic light-emitting diode (OLED) displa...
Syndicated Content Apr 04, 2023
Telecoms firm Virgin Media suffers widespread outages
LONDON (Reuters) - Customers at British telecoms firm Virgin Media reported widespread problems with internet access on Tuesday and the group's website was also struggling to operate. There were nearl...
Syndicated Content Apr 04, 2023
China says unmanned airship over US was isolated, unexpected event
BEIJING (Reuters) - China has made it clear that the unmanned civilian airship that flew over U.S. terriory was an unexpected and isolated event, the foreign ministry said on Tuesday. "China rejects d...
Syndicated Content Apr 04, 2023
KKR closes its largest ever European buyout fund at $8 billion
(Reuters) - KKR & Co Inc on Tuesday said it had closed its sixth and largest European private equity fund at $8.0 billion, a significant boost for the investment firm at a time of market volatility an...
Syndicated Content Apr 04, 2023
New Zealand ex-PM Ardern becomes trustee of Prince William’s Earthshot Prize
LONDON (Reuters) - Britain's Prince William has named Jacinda Ardern, the former prime minister of New Zealand, as a new trustee for his multi-million pound environmental award, the Earthshot Prize. W...
Syndicated Content Apr 04, 2023
Stellantis sees vehicle loan durations extended amid banking turmoil
MILAN (Reuters) - Stellantis is seeing clients seeking longer-term financing and leasing deals for their vehicles as a consequence of higher global interest rates, the carmaker's head for the business...
Syndicated Content Apr 04, 2023
German exports rise significantly more than expected in February
BERLIN (Reuters) -German exports rose significantly more than expected in February due to strong demand from the United States and China, posting their biggest increase in 10 months, data showed on Tu...
Syndicated Content Apr 04, 2023
Peoria, IL, USA
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