Author Archives: Syndicated Content
Freight forwarder DSV buys Deutsche Bahn's Schenker for $15.9 billion
COPENHAGEN (Reuters) -Denmark's DSV said on Friday it has signed an agreement to buy Schenker, the German state rail operator Deutsche Bahn's logistics unit, for 14.3 billion euros ($15.85 billion) in...
Sep 13, 2024
Nippon Steel, US Steel send letter to Biden on merger plans
TOKYO (Reuters) - Nippon Steel and U.S. Steel sent a letter on Sunday to U.S. President Joe Biden about their planned $15 billion merger after media reported that he was preparing to block the deal, a...
Sep 13, 2024
China's carrot-and-stick tactics on EU nations start to pay off
By Mei Mei Chu, Joe Cash and Ellen Zhang BEIJING (Reuters) - Beijing, as a vote on EU duties on China-made electric vehicles looms, employed a carrot-and-stick approach to deal with the 27-strong bloc...
Sep 13, 2024
Deutsche Bank raises S&P 500 year-end target to 5,750 from 5,500
(Reuters) - Deutsche Bank has raised its year-end target for the benchmark S&P 500 index to 5,750 points from 5,500, citing rising stock buybacks, strong corporate earnings and robust inflows, boosted...
Sep 13, 2024
Boeing says it is ready to negotiate new agreement after workers vote to strike
SEATTLE (Reuters) - Boeing said late on Thursday it was ready to get back to negotiations to reach a new agreement after its U.S. West Coast factory workers voted down a tentative contract deal and sa...
Sep 13, 2024
Taiwan hopes delayed F-16s start arriving by end of this year
TAIPEI (Reuters) - Taiwan's defence ministry said on Friday it was aiming for delivery of the first new F-16V fighter jets by the end of this year, blaming "acute fluctuations" in the international si...
Sep 13, 2024
French final August inflation 2.2%, in line with forecasts
(Reuters) -Consumer prices in France rose 2.2% year-on-year in August, statistics office INSEE said on Friday, in line with its preliminary reading published late last month. EU-harmonised year-on-yea...
Sep 13, 2024
Vodafone-Three UK deal may push bills up, UK regulator says
LONDON (Reuters) -Vodafone's $19 billion merger with Three UK could push up bills for millions of mobile customers and impact providers like Sky Mobile by reducing the number of networks from four to ...
Sep 13, 2024
Ford plans to restart manufacturing plant in India's Tamil Nadu state
BENGALURU (Reuters) -Ford Motor plans to restart a manufacturing plant for exports in the southern Indian state of Tamil Nadu, the company said on Friday, potentially re-entering a market it exited th...
Sep 13, 2024
Japan updates national security category list, Seven & i changed to "core"
TOKYO (Reuters) - Japanese retail giant Seven & i Holdings has been classified as "core" to national security, according to the latest update of the finance ministry's list for security reviews releas...
Sep 13, 2024
