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Apple supplier Foxconn’s Q3 profit beats estimates
TAIPEI (Reuters) - Taiwan's Foxconn, which assembles iPhones for Apple, reported a better-than-expected third-quarter profit on Friday, helped by strong demand for consumer electronics as people work ...
Syndicated Content Nov 12, 2021
Richemont H1 numbers shine thanks to jewellery
ZURICH (Reuters) - Luxury goods group Richemont said on Friday volatility was likely to persist in the second half after net profit bounced back and sales grew by almost two thirds at constant exchang...
Syndicated Content Nov 12, 2021
Russian e-commerce venture SberMarket’s transaction volumes triple
(Reuters) - The e-commerce arm of Russia's largest lender, Sberbank, said on Friday its transaction volumes tripled in the third quarter, helped by an expanding range of services it offers, including ...
Syndicated Content Nov 12, 2021
Explainer-What are investors focused on for the next Fed chair?
NEW YORK (Reuters) - A lack of news over U.S. President Joe Biden's pick for Federal Reserve chair is introducing unpredictability for investors at a crucial time, as the central bank prepares to tape...
Syndicated Content Nov 12, 2021
Shooting the messenger? Shipping carries the can as investors shun coal
By Jonathan Saul and Simon Jessop LONDON (Reuters) - Shipping companies that transport the world's coal are in the crosshairs of some financial backers who are cleaning up their businesses in the abse...
Syndicated Content Nov 12, 2021
Ping An seeks to sell $2.1 billion stake in Autohome -sources
By Julie Zhu and Kane Wu HONG KONG (Reuters) - Financial conglomerate Ping An Insurance Group of China is seeking to offload its 44% stake in auto services portal Autohome, three people familiar with ...
Syndicated Content Nov 11, 2021
Vietnam seeking to fix labour shortage soon – PM
HANOI (Reuters) - Vietnam's government is aiming to fix a coronavirus-induced labour shortage by end of this year or early in 2022, its prime minister said on Friday, as it seeks to revive its economy...
Syndicated Content Nov 11, 2021
U.S. journalist Fenster sentenced to 11 years in jail in Myanmar – lawyer
(Reuters) - American journalist Danny Fenster has been sentenced to 11 years in prison by a court in Myanmar, his lawyer Than Zaw Aung said on Friday. Fenster, the managing editor of online magazine F...
Syndicated Content Nov 11, 2021
Exclusive-In strategy shift, Louis Vuitton considers first duty free store in China’s Hainan
By Sophie Yu, Mimosa Spencer and Silvia Aloisi BEIJING/PARIS (Reuters) - Louis Vuitton is considering opening its first duty free store in China on the emerging luxury island hub of Hainan, according ...
Syndicated Content Nov 11, 2021
SBI blasts advisory firms’ support of Shinsei poison pill defence
TOKYO (Reuters) - SBI Holdings Inc on Friday said proxy advisory firms' support of Shinsei Bank Ltd's poison pill defence against its $1.1 billion takeover bid lacks sufficient logic. In response to t...
Syndicated Content Nov 11, 2021
Peoria, IL, USA
44 °F Mist
