Category Archives:
UBS makes changes to buyback programme following Credit Suisse takeover
ZURICH (Reuters) -UBS on Tuesday said it was making changes to its $6 billion share buyback programme following its takeover of Credit Suisse. UBS said it will use some of the shares for the takeover ...
Apr 18, 2023
Cryptoverse: Bitcoin miners escape the bear trap
By Medha Singh and Lisa Pauline Mattackal (Reuters) - Beleaguered bitcoin miners are finally feeling the spring sunshine after a cold, hard crypto winter. The power-hungry companies that pump new bitc...
Apr 18, 2023
Ericsson’s quarterly core profit misses expectations
STOCKHOLM (Reuters) -Sweden's Ericsson on Tuesday reported first-quarter core earnings that missed expectations as telecom customers in high-margin countries such as the United States held back on spe...
Apr 18, 2023
Northvolt and Scania unveil battery for heavy trucks
STOCKHOLM(Reuters) - Truck-maker Scania and battery producer Northvolt on Tuesday said they had developed an electric battery with a lifetime equivalent to that of a truck. The Swedish companies said ...
Apr 18, 2023
EU Parliament to cast final vote on Europe’s biggest climate policy
By Kate Abnett STRASBOURG, France (Reuters) - The European Parliament holds its final vote on Tuesday on whether to approve sweeping reforms to make EU climate change policies more ambitious, includin...
Apr 18, 2023
Apple craze draws long queues at opening of first India store
MUMBAI (Reuters) - About 200 Apple fans hoping to be among the lucky few to enter the tech giant's first retail store in India gathered from early on Tuesday outside the shop in the commercial capital...
Apr 17, 2023
Exclusive-China Mobile explores acquiring Hong Kong telecom firm HKBN -sources
By Kane Wu and Julie Zhu HONG KONG (Reuters) - State-owned China Mobile Ltd is exploring a potential buyout of Hong Kong's leading telecoms company HKBN Ltd, which is currently valued at $1 billion, f...
Apr 17, 2023
World Bank warns Fiji to cut debt urgently or risk stalling pandemic recovery
WELLINGTON (Reuters) - Fiji must take urgent action to reduce a debt burden that exceeds 90% of gross domestic product or put at risk its recovery from the COVID pandemic and plans for sustainable eco...
Apr 17, 2023
Marketmind: China’s economy gathers pace but markets unimpressed
A look at the day ahead in European and global markets from Kevin Buckland China's post-Covid recovery is firmly on track, according to a barrage of data on Tuesday. The economy expanded 4.5% in the f...
Apr 17, 2023
China fiscal revenue turns higher in March on recovering economic activity
BEIJING (Reuters) - China's fiscal revenue rose in March, reversing a decline in January-February, as economic activity rebounded following the end of strict COVID curbs, but the finance ministry warn...
Apr 17, 2023
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