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Saudi’s United Electronics Co shelves plans for Egypt expansion
DUBAI (Reuters) - United Electronics Company, known as eXtra, has decided to discontinue its expansion plans in Egypt, it said on Monday, following a feasibility study. The expected negative financial...
Syndicated Content May 01, 2023
KKR to invest $250 million more in India’s Serentica Renewables
BENGALURU (Reuters) - U.S. private equity firm KKR & Co Inc will invest an additional $250 million in Serentica Renewables, the Indian decarbonisation platform said on Monday. "This latest investment ...
Syndicated Content May 01, 2023
Too high for comfort: Five questions for the ECB
By Dhara Ranasinghe and Stefano Rebaudo LONDON (Reuters) - Inflation in the euro area is too high for comfort, meaning markets expect the European Central Bank to deliver its seventh straight interest...
Syndicated Content May 01, 2023
Dubai crypto regulator awards first broker-dealer MVP operational license
DUBAI (Reuters) - BitOasis, a Middle East-focused crypto exchange based in the United Arab Emirates, has received the first broker-dealer minimum viable product operational license from Dubai's crypto...
Syndicated Content May 01, 2023
Grocery app Getir in talks to take over German rival Flink – FT
(Reuters) - Turkish delivery app Getir is in talks to take over German rival Flink in a key step toward consolidation in Europe's food delivery market, where companies are battling a slowdown after CO...
Syndicated Content May 01, 2023
India April factory activity hits 4-month high on robust demand
By Anant Chandak BENGALURU (Reuters) - India's factory activity expanded at its quickest pace in four months in April, driven by solid growth in new orders and output, a private survey showed on Monda...
Syndicated Content May 01, 2023
Sony shares tumble on weaker-than-expected annual outlook
TOKYO (Reuters) - Sony Group Corp's shares fell as much as 4.8% on Monday after the Japanese electronics and entertainment conglomerate's annual profit outlook fell short of market expectations. The c...
Syndicated Content Apr 30, 2023
Japan activist group hails bourse reform as remedy for undervalued stocks
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) - A group of investors led by prominent activist shareholder Yoshiaki Murakami said a push by the Tokyo bourse for better capital efficiency will...
Syndicated Content Apr 30, 2023
Column-Soft China PMI likely to flow through to uneven commodity demand: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) - The surprise contraction in China's manufacturing index in April, coming after first quarter growth exceeded expectations, underlines the uneven natu...
Syndicated Content Apr 30, 2023
Australia to reveal huge budget rebound, pledge restraint in response
By Wayne Cole SYDNEY (Reuters) - Australia's Labor government is set to reveal a vast improvement in the budget bottom line next week as its coffers bulge with tax windfalls, yet the outlook will be a...
Syndicated Content Apr 30, 2023
Peoria, IL, USA
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