Author Archives: Syndicated Content
US fund Castlelake considering sale of stake in Spain's Aedas, Cinco Dias reports
(Reuters) - U.S.-based investment fund Castlelake is considering selling its majority stake in Spanish real estate group Aedas Homes, Spanish newspaper Cinco Dias reported on Wednesday, citing unident...
Sep 11, 2024
Australia's Star Entertainment unable to finalize annual results
(Reuters) - Embattled Australian casino operator Star Entertainment on Wednesday said it "is not yet in a position to finalize" its preliminary report for the year ended June 30, as it faces a trading...
Sep 11, 2024
European shares gain on boost from oil, resources sectors
(Reuters) - European shares opened higher on Wednesday, boosted by the oil and gas, and the basic resources sectors, while investors awaited a key U.S. inflation reading for clues on the Federal Reser...
Sep 11, 2024
FTSE 100 inches higher on commodity strength; US data in focus
By Purvi Agarwal (Reuters) - London stocks edged higher on Wednesday, supported by precious and base metal miners, while investors maintained a cautious stance ahead of a crucial U.S. inflation print ...
Sep 11, 2024
China's Midea Group to price shares at top of range in Hong Kong listing, sources say
By Scott Murdoch SYDNEY (Reuters) - Chinese home appliance maker Midea Group is set to price shares at the top of an indicative range to raise at least $3.46 billion in a Hong Kong listing, said three...
Sep 11, 2024
Services' grip on UK economy tightens as manufacturing share ebbs further
By Andy Bruce (Reuters) - Britain's shift towards a services-dominated economy is accelerating, pushing manufacturing's share of economic output to a historic low and setting the nation apart from its...
Sep 11, 2024
Indonesia's dwindling middle class seen dimming economic outlook
By Stefanno Sulaiman KARAWANG, Indonesia (Reuters) - Rahmat Hidayat lost his job when the shoe factory he worked for closed down last year in the industrial town of Karawang in Indonesia's West Java. ...
Sep 11, 2024
Indian importers favour FX options as rupee holds steady, premiums soar
By Nimesh Vora and Jaspreet Kalra MUMBAI (Reuters) - Indian importers are exploring options strategies to hedge against currency risks amid muted volatility in the rupee, moving away from outright for...
Sep 11, 2024
Goldman Sachs appoints three co-heads of Asia M&A to bolster regional presence
By Kane Wu HONG KONG (Reuters) - Goldman Sachs has appointed Raghav Maliah, Yoshihiko Yano and Ed Wittig as co-heads of mergers and acquisitions in Asia Pacific to expand and deepen deals coverage in ...
Sep 11, 2024
Trump Media slumps as Harris victory odds rise after presidential debate
(Reuters) - Shares of Trump Media & Technology Group fell 17% in premarket trading on Wednesday after Democratic candidate Kamala Harris extended her lead over Republican rival Donald Trump in betting...
Sep 11, 2024
