Category Archives:
U.S. hedge fund Third Point opens Tel Aviv office to scout investments
By Svea Herbst-Bayliss NEW YORK(Reuters) - Billionaire investor Daniel Loeb is searching for more promising startups and is setting his sights on Israel to find them. Loeb's $14 billion New York-headq...
Oct 24, 2022
Australia’s Westpac sees $824 million hit in second half from unit sale
(Reuters) - Australia's Westpac Banking Corp warned on Monday that its second-half reported net profit and cash earnings will be reduced by A$1.3 billion ($824 million) after tax, citing a loss on the...
Oct 24, 2022
Philips to cut 4,000 jobs after medical equipment recall
AMSTERDAM (Reuters) - Dutch medical equipment maker Philips said on Monday it expected to scrap around 4,000 jobs as it tried to streamline its organization in the wake of a massive recall that has sl...
Oct 24, 2022
No messing around with red-hot inflation: Five questions for the ECB
By Dhara Ranasinghe, Stefano Rebaudo and Kripa Jayaram LONDON (Reuters) - The European Central Bank meets on Thursday and appears in no mood to slow the pace of aggressive interest rate hikes given re...
Oct 24, 2022
Hyundai Motor Q3 net profit drops 3%, misses estimates
SEOUL (Reuters) - South Korea's Hyundai Motor Co posted on Monday a 3% fall in third-quarter profit due to a 1.36 trillion won ($906 million) provision to pay for costs related to engine quality issue...
Oct 24, 2022
Marketmind: BOJ steps up, Boris bows out, Xi stays put
A look at the day ahead in European and global markets from Wayne Cole. Yen intervention, UK politics, China data dump While tight lipped, Japanese policy makers clearly intervened again to support th...
Oct 24, 2022
Japan govt urges BOJ to be vigilant to market swings – stimulus draft
TOKYO (Reuters) - Japan's government will urge the central bank to be vigilant to the economic impact of sharp market moves in a scheduled spending package aimed at cushioning the blow from rising liv...
Oct 24, 2022
Mubadala, KKR to invest about $1 billion in Asia
(Reuters) -KKR & Co and Abu Dhabi state fund Mubadala Investment Co said they had entered into an agreement to invest about $1 billion in Asia. The agreement, announced on Sunday, will see the two fir...
Oct 23, 2022
China’s Q3 pork output growth slows as farmers reduce breeding herds
BEIJING (Reuters) - China's third-quarter pork output reached 12.11 million tonnes, up by less than 1% year-on-year, official data showed on Monday, highlighting the impact on production after farmers...
Oct 23, 2022
China’s Sept crude oil imports fall, fuel exports hit 15-mth high
By Chen Aizhu SINGAPORE (Reuters) - China's crude oil imports in September were 2% below their level a year earlier, data showed on Monday, as independent refiners curbed throughput amid thin margins ...
Oct 23, 2022
Peoria, IL, USA
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