Category Archives:
China’s second-largest chipmaker poised for $2.5 billion IPO in Shanghai
SHANGHAI (Reuters) - Chinese chip manufacturer Hua Hong Semiconductor Ltd has received regulatory approval for an 18 billion yuan ($2.5 billion) IPO in Shanghai, according to a filing published late o...
Nov 07, 2022
CEO of China’s Bilibili to manage gaming unit in bid to boost revenue
By Josh Ye HONG KONG (Reuters) - The chief executive of China's Bilibili Inc has taken over direct supervision of the company's gaming department, according to an internal email seen by Reuters, as th...
Nov 07, 2022
UK house prices fall at fastest rate since early 2021 -Halifax
LONDON (Reuters) - British house prices fell in October at the fastest monthly rate since February 2021, in a fresh sign of a weaker housing market, mortgage lender Halifax said on Monday. House price...
Nov 07, 2022
German industrial output grows more than expected in September
BERLIN (Reuters) - German industrial production grew in September, official data showed on Monday, despite a fall in the energy-intensive industrial branches and ongoing delivery bottlenecks. Industri...
Nov 07, 2022
GIC, Dream Industrial JV to buy Canada’s Summit for $3.3 billion
(Reuters) - A joint venture between Singapore's sovereign wealth fund GIC and Canadian industrial real estate company Dream Industrial REIT will acquire Canada's Summit Industrial Income REIT for C$4....
Nov 07, 2022
Gold Fields says it will not make new offer for Yamana Gold
JOHANNESBURG (Reuters) - The board of South Africa's Gold Fields has decided it will not offer to change the terms of its deal to take over Yamana Gold after Agnico Eagle and Pan American made a surpr...
Nov 07, 2022
Philip Morris wins 83% stake in Swedish Match, goes ahead with $16 billion takeover
(Reuters) -Marlboro maker Philip Morris International (PMI) said on Monday it was going ahead with its $16 billion plan to buy Swedish Match despite winning accept from owners with no more than 82.59%...
Nov 07, 2022
TotalEnergies leads Shell, BP in renewables race, but shares sag
By Ron Bousso LONDON (Reuters) - French energy giant TotalEnergies has pulled ahead of rivals Shell and BP in the race to build up a renewables business, data collected by Reuters shows. But despite t...
Nov 07, 2022
How the U.S. midterms could ripple through the stock market
By Lewis Krauskopf NEW YORK (Reuters) - Investors are turning their focus to Tuesday's U.S. midterm elections, which will determine control of Congress and could spur moves in everything from energy c...
Nov 07, 2022
Analysis-Runaway prices have central Europe on the ropes
By Gergely Szakacs and Anna Wlodarczak-Semczuk BUDAPEST/WARSAW (Reuters) - While inflation in western Europe is largely expected to be tamed within a year, there is a growing sense that in central Eur...
Nov 07, 2022
Peoria, IL, USA
75 °F Partly cloudy
