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LG Chem to sell its polariser businesses to Chinese firms for $815 million
SEOUL/BEIJING (Reuters) -South Korea's LG Chem Ltd said on Wednesday it would sell its polariser businesses to Chinese firms for about 1.1 trillion won ($815.6 million) to help improve its competitive...
Syndicated Content Sep 27, 2023
Gehl Foods’ owner explores sale of dairy-based products maker -sources
By Abigail Summerville (Reuters) - Private equity firm Wind Point Partners is exploring a sale of Gehl Foods LLC that could value the U.S. manufacturer of dairy-based products at over $600 million, in...
Syndicated Content Sep 27, 2023
US durable goods orders unexpectedly rise in August
WASHINGTON (Reuters) - Orders for long-lasting U.S. manufactured goods unexpectedly rose in August and there were signs that business spending on equipment regained some momentum after faltering early...
Syndicated Content Sep 27, 2023
Indian tax officers visit factory, Bengaluru office of China’s Lenovo -sources
BENGALURU (Reuters) - Indian income tax officials visited on Wednesday a factory of Chinese PC maker Lenovo in the union territory of Puducherry and one of its offices in Bengaluru city as part of an ...
Syndicated Content Sep 27, 2023
UBS, Credit Suisse face wider US probe over Russia sanctions -Bloomberg News
ZURICH (Reuters) -UBS shares fell on Wednesday after a report that the U.S. Department of Justice has stepped up scrutiny into alleged compliance failures that helped Russian clients to evade sanction...
Syndicated Content Sep 27, 2023
U.S. Treasury tasks JPMorgan with account validation for federal agencies
(Reuters) -The U.S. Treasury Department has designated JPMorgan to provide account validation services for federal government agencies, the investment bank said on Wednesday. JPMorgan will verify crit...
Syndicated Content Sep 27, 2023
China to step up anti-graft efforts for better economic development, says Xinhua
BEIJING (Reuters) - China will step up anti-corruption efforts in state-owned companies and the financial sector to increase their economic contributions, state news agency Xinhua reported on Wednesda...
Syndicated Content Sep 27, 2023
Pegatron says iPhone assembly resumes at Indian factory after fire
By Munsif Vengattil BENGALURU (Reuters) - Pegatron has resumed production at its contract facility for Apple in southern India after a shutdown over the weekend due to a fire, the company said on Wedn...
Syndicated Content Sep 27, 2023
French court to rule in November on UBS’ tax evasion appeal -UBS lawyer
By Mathieu Rosemain and Noele Illien PARIS (Reuters) - France's top court will rule on Nov. 15 on an appeal by UBS against its conviction in a tax evasion case which drew a 1.8 billion-euro ($1.90 bil...
Syndicated Content Sep 27, 2023
Cash-strapped Faraday Future’s shares sink 20% on share sale plan
(Reuters) - Shares of Faraday Future Intelligent Electric slumped in premarket trading on Wednesday, after the cash-strapped electric-vehicle company announced plans to raise up to $90 million through...
Syndicated Content Sep 27, 2023
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