Category Archives:
Shipbuilder Austal sinks on former U.S. executives’ indictment for financial fraud
(Reuters) - Australian shipbuilder Austal Ltd sank as much as 8.4% to its lowest level in more than four years on Monday after the United States Department of Justice indicted three of its former U.S....
Apr 02, 2023
Mitsubishi UFJ to postpone AT1 bond issuance in Credit Suisse fallout
TOKYO (Reuters) - Mitsubishi UFJ Financial Group Inc will postpone the issuance of Additional Tier-1 (AT1) bonds to mid-May or later from late April, a spokesperson said on Monday, after the Swiss dec...
Apr 02, 2023
E-commerce firm Boxed Inc files for bankruptcy, eyes software unit sale
(Reuters) - Boxed Inc filed for Chapter 11 bankruptcy protection and was pursuing sale of its software business, the e-commerce grocery platform said on Sunday, adding that it will also wind down its ...
Apr 02, 2023
Nomura names Rudolf Hitsch North Asia head of wealth management
HONG KONG (Reuters) - Japanese investment bank Nomura Holdings Inc on Monday said it has appointed Dr. Rudolf Hitsch as head of North Asia for its international wealth management business. Hitsch, for...
Apr 02, 2023
Dollar gains as inflation worries resurface after OPEC+ surprise
By Ankur Banerjee SINGAPORE (Reuters) - The U.S. dollar started the week higher as fears over inflation resurfaced after a surprise announcement by major oil producers to cut production further, with ...
Apr 02, 2023
China’s March factory activity growth falters on weaker demand – Caixin PMI
BEIJING(Reuters) - China's factory activity growth stalled in March, weighed by slowing production and weaker global demand and adding to uncertainty about a post-COVID recovery, a private sector surv...
Apr 02, 2023
From fast food to autos, India’s digitally connected users lure investors
By Ira Dugal and Ankur Banerjee MUMBAI (Reuters) - Mumbai resident Shivam Vahia cannot remember the last time he left home to shop. He spends about 30,000 rupees ($364) a month buying necessities like...
Apr 02, 2023
One New Zealand to use SpaceX satellites to improve coverage
By Lucy Craymer WELLINGTON (Reuters) - One New Zealand, formerly Vodafone NZ, said on Monday it had signed an agreement with billionaire Elon Musk's SpaceX to use the U.S. company's Starlink satellite...
Apr 02, 2023
Japan factory activity shrinks at slowest pace in five months -PMI
TOKYO (Reuters) - Japan's factory activity shrank at the softest pace in five months in March due to an expansion of inventories, but still-weak global and domestic demand conditions meant the post-CO...
Apr 02, 2023
Japan’s business mood sours to 2-year low as global slowdown bites – tankan
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) - Japan's business sentiment soured in January-March to hit the worst level in more than two years, a closely-watched central bank survey showed o...
Apr 02, 2023
Peoria, IL, USA
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