Category Archives:
Sweden’s Sinch buys email delivery platform Pathwire in $1.9 billion deal
STOCKHOLM (Reuters) -Swedish cloud communication services provider Sinch said on Thursday it had agreed to buy cloud-based email delivery platform Pathwire in a cash-and-stock deal worth about $1.9 bi...
Sep 30, 2021
Oxford Nanopore eyes $4.7 billion market value in London debut
(Reuters) - Biotech group Oxford Nanopore Technologies is set to start trading in London on Thursday with a market capitalisation of about 3.4 billion pounds ($4.65 billion) at an offer price 425 penc...
Sep 30, 2021
Japan’s Rakuten Group to start preparing for bank unit IPO
TOKYO (Reuters) -Japanese mobile phone services and online shopping mall operator Rakuten Group Inc said it will start preparing for an initial public offering of the group's online banking unit, as i...
Sep 30, 2021
French inflation hit near 10-year high of 2.7% in September
PARIS (Reuters) - French inflation rose in September slightly less than expected but still reached its highest rate in nearly a decade, preliminary data from the INSEE statistics agency showed on Thur...
Sep 30, 2021
Hawaii’s Kilauea volcano erupting in ‘full swing’ – USGS
(Reuters) -Hawaii's Klauea volcano was erupting in "full swing" late on Wednesday, the U.S. Geological Survey (USGS) said, with local media reporting that the eruption posed no immediate danger to res...
Sep 30, 2021
China Evergrande offshore investors face ‘large losses’ after second payment miss
By Andrew Galbraith, Xiao Han and Clare Jim SHANGHAI/BEIJING (Reuters) - China Evergrande Group missed paying bond interest due on Wednesday, two bondholders said, its second unpaid offshore debt paym...
Sep 30, 2021
Diageo sees boost to margins as bars, restaurants open
(Reuters) -Johnnie Walker whisky maker Diageo Plc said on Thursday its new financial year was off to a "strong start" and forecast a boost to operating margins as people opt for premium brands and spe...
Sep 30, 2021
UK economy grew more strongly than thought in Q2
LONDON (Reuters) - Britain's economy grew more strongly than previously thought in the April-June period, official data showed on Thursday. Gross domestic product increased by 5.5% in the second quart...
Sep 30, 2021
Cost inflation to dent Boohoo’s full year margins
LONDON (Reuters) - British online fashion retailer Boohoo warned on Thursday that freight inflation in its supply chain and higher wages for its distribution centre workers would hit full year profit ...
Sep 30, 2021
H&M’s June-August profit jumps above 2019 level
STOCKHOLM (Reuters) -Sweden's H&M reported on Thursday a bigger jump in pretax profit than expected for the June-August period to above pre-pandemic levels as shoppers returned to stores, but said pro...
Sep 30, 2021
Peoria, IL, USA
61 °F Overcast
