Category Archives:
European new car sales down 1.5% in 2021 – ACEA
BERLIN (Reuters) - New car registrations in Europe fell 1.5% in 2021, even further below the previous record low of 2020 sales, industry data showed on Tuesday. A global semiconductor shortage and oth...
Jan 18, 2022
Chinese lender to issue bonds for M&A in cash-strapped property sector
SHANGHAI (Reuters) - Property developer shares rose on Tuesday after a Chinese lender unveiled a plan to issue debt to fund real estate acquisitions - the first bank to do so - while Beijing sought to...
Jan 18, 2022
Sri Lanka plans laws, fast-track measures to attract foreign exchange
COLOMBO (Reuters) - Sri Lanka will introduce new laws to attract investments while policies to develop exports, tourism and remittances will be fast-tracked in a bid to rebuild foreign exchange reserv...
Jan 18, 2022
Hong Kong fund to sell Japan, South Korea Burger King business in deal over $1bln – source
By Kane Wu Hong Kong (Reuters) - Private equity firm Affinity Equity Partners is this week launching the sale of its Burger King fast-food businesses in South Korea and Japan, in a deal that could fet...
Jan 18, 2022
Toyota to produce 700,000 vehicles in February – Nikkei
TOKYO (Reuters) - Toyota Motor Corp will build 700,000 cars globally in February, up 10% on the year, but leaving a million vehicles to be made in March if the world's biggest carmaker is to hit an an...
Jan 18, 2022
Less than half of projected U.S. renewable diesel output likely by 2025 – study
By Laura Sanicola (Reuters) - U.S. refiners and biofuel companies are likely to reach less than half the renewable diesel production projected by the U.S. government for 2025 due to policy and feedsto...
Jan 18, 2022
Lindt & Spruengli confirms guidance as 2021 sales rise
ZURICH (Reuters) - Swiss chocolate maker Lindt & Spruengli on Tuesday said it would achieve an operating margin "of around 14%" for 2021 after market share gains helped organic sales rise 13.3% last y...
Jan 18, 2022
Macau publishes draft gaming law bill ahead of license rebidding
HONG KONG (Reuters) - Macau's Legislative Assembly published the draft of a highly anticipated gaming law bill on Wednesday, providing further details for multibillion-dollar casino operators in the w...
Jan 17, 2022
BlackRock’s Fink defends push for companies to value more than profits
By Akriti Sharma and Ross Kerber (Reuters) - Larry Fink, chief executive of the world's biggest asset manager BlackRock Inc, late on Monday defended a shareholder movement that pushes companies to foc...
Jan 17, 2022
Allkem sees China driving lithium demand
By Sonali Paul and Indranil Sarkar MELBOURNE (Reuters) - Lithium prices are set to surge again in the June half, spurred by a jump in China's production of electric vehicle batteries and project delay...
Jan 17, 2022
Peoria, IL, USA
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