Author Archives: Syndicated Content
China's industrial profit growth quickens in July
BEIJING (Reuters) - China's industrial profits grew faster in July, data showed on Tuesday, even as sluggish domestic demand weighs on the recovery in the world's second-largest economy. Profits in Ju...
Aug 26, 2024
Asian stocks slide as geopolitical worries sap confidence
By Ankur Banerjee SINGAPORE (Reuters) - Asian stocks fell on Tuesday as investors pondered looming U.S. interest rate cuts and awaited earnings from AI darling Nvidia, while rising tensions in the Mid...
Aug 26, 2024
Australia's Coles beats annual profit view on strong sales, shares rally
By Roushni Nair (Reuters) - Australian grocer Coles reported annual profit ahead of expectations on Tuesday, driven by robust supermarket sales and enhanced inventory control to curb theft-related los...
Aug 26, 2024
Warburg Pincus-Lendlease JV platform acquires $1.23 billion portfolio of assets in Singapore
SINGAPORE (Reuters) - U.S-based global investor Warburg Pincus and Australian real estate group Lendlease said on Tuesday their joint venture platform has acquired a S$1.6 billion ($1.2 billion) portf...
Aug 26, 2024
Emergent to cut up to 70 roles at Lansing facility
(Reuters) - Drugmaker Emergent BioSolutions said on Monday that it would reduce its workforce in Lansing, Michigan, by up to 70 roles as part of its ongoing restructuring efforts. The Gaithersburg, Ma...
Aug 26, 2024
Biden, India's Modi discuss Ukraine war, Indo-Pacific, U.S. says
WASHINGTON (Reuters) - U.S. President Joe Biden and Indian Prime Minister Narendra Modi on Monday discussed the war in Ukraine and their shared commitment to working towards peace and prosperity in th...
Aug 26, 2024
Russia's attack on Kryvyi Rih kills at least one, Ukrainian officials say
(Reuters) - At least one person died and five could still be under the rubble after a Russian missile struck a civilian infrastructure building in the central Ukraine city of Kryvyi Rih, regional offi...
Aug 26, 2024
IMF reaches staff-level deal for Liberia on $209 million new credit facility
WASHINGTON (Reuters) - The International Monetary Fund reached a staff-level agreement for Liberia on a new 40-month extended credit facility arrangement for $209 million, the IMF said in a statement ...
Aug 26, 2024
Three arson suspects arrested for setting fires in Brazil farmland
BRASILIA (Reuters) - Three men have been arrested on suspicion of setting fires that have destroyed thousands of hectares of sugarcane plantations in northern Sao Paulo state, its Governor Tarcisio de...
Aug 26, 2024
Tesla can challenge Louisiana direct sales ban, US appeals court rules
(Reuters) - A divided federal appeals court on Monday revived Tesla's lawsuit challenging Louisiana's ban on direct vehicle sales to consumers. In a 2-1 decision, the 5th U.S. Circuit Court of Appeals...
Aug 26, 2024
