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Bayer welcomes ruling against BASF claim on seed businesses
BERLIN (Reuters) - Bayer on Friday welcomed a decision by an arbitration court to dismiss a claim by BASF that it overpaid for assets sold by Bayer to secure antitrust clearance for the takeover of Mo...
Syndicated Content Aug 12, 2022
Indonesia July trade surplus seen narrowing amid slowing global trade
JAKARTA (Reuters) - Indonesia's trade surplus may have narrowed to $3.93 billion last month due to weakening export performance as global trade activity slows, according to economists polled by Reuter...
Syndicated Content Aug 12, 2022
Funds begin parking sanction-hit Russian assets in ‘side pockets’
By Carolyn Cohn and Huw Jones LONDON (Reuters) - Some of the world's biggest money managers are talking to investors and regulators about stripping Russian assets from their funds, helping them unlock...
Syndicated Content Aug 12, 2022
Investors flock to U.S ‘growth’ stocks as inflation fears fade – BofA
Investors bought $7.1 billion in equities in the week to Wednesday, with U.S. 'growth' stocks recording their largest weekly inflow since December 2021 in a sign that fears over soaring inflation are ...
Syndicated Content Aug 12, 2022
Eurozone June production grows three times more than expected
BRUSSELS (Reuters) - Euro zone industrial production in June grew three times more than expected, data showed on Friday, mainly thanks to a jump in the output of capital goods. The European Union's st...
Syndicated Content Aug 12, 2022
Production costs soar at Rusal due to Russia-Ukraine conflict
MOSCOW (Reuters) - Russian aluminium giant Rusal reported a 33% jump in first-half production costs on Friday, hit by a production halt at a refinery in Ukraine and Australia's ban on exports of alumi...
Syndicated Content Aug 12, 2022
French maize crop rating tumbles as drought deepens
By Gus Trompiz and Forrest Crellin PARIS (Reuters) - French maize crop conditions declined steeply last week to their lowest level in at least a decade, data from farm office FranceAgriMer showed, as ...
Syndicated Content Aug 12, 2022
Abrdn buys stake in digital assets exchange Archax
LONDON (Reuters) - British asset manager abrdn has bought a stake in digital assets exchange Archax, amid a wider push by investors into crypto-assets despite a recent plunge in value. The stake, acqu...
Syndicated Content Aug 12, 2022
Hong Kong’s Q2 GDP shrinks 1.3% y/y
HONG KONG (Reuters) - Hong Kong's economy contracted by 1.3% in the second quarter from the same period a year earlier, government data showed on Friday, following a weak performance in external trade...
Syndicated Content Aug 12, 2022
Taiwan revises down 2022 GDP growth forecast
TAIPEI (Reuters) -Taiwan's economy is likely to grow at a slower pace this year that initially forecast, the statistics office said on Friday, lowering its outlook due to global inflation and slowing ...
Syndicated Content Aug 12, 2022
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