Author Archives: Syndicated Content
Exclusive-JDE Peet's sees coffee industry struggling to meet EU deforestation law
By Maytaal Angel and Richa Naidu LONDON (Reuters) - JDE Peet's, one of the world's largest coffee companies, said the global coffee industry is finding the timing very tight to comply with a new EU la...
Apr 18, 2024
TSMC Q1 profit rises 9%, beats market expectations
TAIPEI (Reuters) - Taiwanese chipmaker TSMC posted a 9% rise in first-quarter net profit on Thursday that beat market expectations as it rides a wave of demand for semiconductors used in artificial in...
Apr 18, 2024
Apple plans to invest more than $250 million to expand Singapore campus
By Yantoultra Ngui SINGAPORE (Reuters) - Apple Inc plans to invest more than $250 million to expand its regional campus or operations in Ang Mo Kio, Singapore, according to a company statement dated A...
Apr 18, 2024
Column - China boosted Q1 crude oil storage as imports flatlined: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) - China increased the pace at which it added crude to inventories in March as the world's biggest oil importer snapped up record imports from Western-s...
Apr 18, 2024
China's central bank warns against 'one-sided' pursuit of credit expansion
BEIJING (Reuters) - China's central bank cautioned on Thursday against a "one-sided" pursuit of credit expansion after data showed a slowdown in bank lending, vowing to prioritise the quality of credi...
Apr 18, 2024
Adam Neumann moves to buy back WeWork as it seeks funds to exit bankruptcy, FT reports
(Reuters) - WeWork Inc founder Adam Neumann has made a fresh push to buy back the firm even as it seeks hundreds of millions of dollars to emerge from bankruptcy and avoid a sale, FT reported on Thurs...
Apr 18, 2024
ABB beats forecasts with first quarter earnings
ZURICH (Reuters) -ABB reported better than expected profit at the start of the year and forecast faster revenue growth in the coming months, the Swiss engineering company said on Thursday, The maker o...
Apr 18, 2024
Analysis-Wobbling US stocks could push volatility-linked funds to ramp up selling
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Volatility-linked investment strategies are joining the nascent sell-off in U.S. stocks and could help accelerate declines if market gyrations keep increasing...
Apr 18, 2024
Investors ask TotalEnergies to split CEO, board chair roles ahead of May AGM
By America Hernandez PARIS (Reuters) - A group of investors in French oil major TotalEnergies is calling for the company to split the roles of CEO and chairman, which they say could speed up its shift...
Apr 18, 2024
IMF ready to support Sri Lanka's discussions with bondholders
By Uditha Jayasinghe COLOMBO (Reuters) - The International Monetary Fund (IMF) stands ready to support Sri Lanka's discussions with international bondholders and will provide a formal assessment after...
Apr 18, 2024
