Author Archives: Syndicated Content
Analysis-Bears circle China's yuan gearing for Trump win
By Rae Wee SINGAPORE (Reuters) - China's currency is feeling the pressure from a possible return of Donald Trump as U.S. president, not just from speculators shorting the currency but also mainland ex...
Oct 23, 2024
Tequila maker Becle quadruples net profit in third quarter
MEXICO CITY (Reuters) - Mexico's Becle, the world's largest tequila producer, on Wednesday more than quadrupled its third-quarter net profit to reach 896.11 million pesos, while revenues ticked up nea...
Oct 23, 2024
Chinese self-driving startup WeRide files for $440 million U.S. IPO
(Reuters) - Chinese self-driving startup WeRide has filed for an up to $439.9 million initial public offering on Nasdaq, according to a term sheet seen by Reuters on Wednesday. (Reporting by Scott Mur...
Oct 23, 2024
Platinum Equity's Ingram Micro raises $233 million in US IPO
(Reuters) - Ingram Micro priced its U.S. initial public offering at $22 per share, within its targeted range of $20 and $23 on Wednesday, raising $233.1 million, the technology distributor said. (Repo...
Oct 23, 2024
Japan's factory activity dips for 4th straight month, PMI shows
TOKYO (Reuters) - Japan's factory activity contracted for the fourth straight month in October on subdued demand and weak orders, a private-sector survey showed on Thursday. The au Jibun Bank flash Ja...
Oct 23, 2024
World bank, IDB grant Argentina $8.8 billion in financing, says government
(Reuters) - The World Bank and the Inter-American Development Bank (IDB) are providing Argentina with $8.8 billion in financing for economic development, the South American country's economy ministry ...
Oct 23, 2024
Bank of Korea sees this year's economic growth below its forecast
SEOUL (Reuters) - South Korea's economic growth will likely be weaker than the central bank's latest forecast of 2.4%, a Bank of Korea official told a briefing on Thursday. Growth in IT exports is slo...
Oct 23, 2024
Oil prices edge higher, on track for 3% weekly gain
By Arathy Somasekhar (Reuters) - Oil prices edged higher on Thursday, recouping some of the more than 1% losses from the previous session after U.S. crude inventories rose much more than estimated. Br...
Oct 23, 2024
ATP roundup: Alexander Zverev sets career high in wins
No. 1 seed Alexander Zverev achieved a personal benchmark and advanced to the quarterfinals of the Erste Bank Open with a 6-2, 7-5 defeat of Marcos Giron on Wednesday in Vienna, Austria. Zverev struck...
Oct 23, 2024
Spirit Aero to implement a 21-day furlough for approximately 700 employees
(Reuters) - U.S. supplier Spirit AeroSystems will implement a 21-day furlough for approximately 700 employees working on the 767 and 777 programs, effective Oct. 28, the company said on Wednesday. The...
Oct 23, 2024
