Author Archives: Syndicated Content
Cargill to sell China protein business to private equity firm DCP Capital
BEIJING (Reuters) - U.S. agribusiness giant Cargill has agreed to sell its protein business in China to private equity firm DCP Capital, the U.S. company said in a statement on Wednesday. The sale of ...
May 31, 2023
Toyota flags possible leak of customer data in some countries in Asia, Oceania
TOKYO (Reuters) - Toyota Motor Corp said on Wednesday that information of customers in some countries in Asia and Oceania may have been left publicly accessible from October 2016 to May 2023 due to a ...
May 31, 2023
Sanofi announces positive data for frexalimab product to treat multiple sclerosis
PARIS (Reuters) - French healthcare company Sanofi announced on Wednesday positive data for its frexalimab product aimed at treating multiple sclerosis, and that the firm plans to initiate pivotal tri...
May 31, 2023
UAE says it withdrew from U.S.-led maritime coalition two months ago
DUBAI (Reuters) - The United Arab Emirates withdrew from a U.S.-led Middle East maritime security coalition two months ago, the Gulf state said early on Wednesday. The Combined Maritime Forces is a 34...
May 31, 2023
Exclusive-Credit Suisse aborts China bank plan to avoid regulatory conflict under UBS-sources
By Engen Tham, Summer Zhen and Selena Li HONG KONG/SHANGHAI (Reuters) - Credit Suisse has scrapped plans to set up a locally incorporated bank in China to avoid a potential regulatory conflict arising...
May 31, 2023
Fed’s Mester says no ‘compelling’ reason to pause rate hikes -FT
(Reuters) - Federal Reserve Bank of Cleveland President Loretta Mester sees no "compelling" reason to wait to implement another interest rate hike, Financial Times reported on Wednesday. "I don't real...
May 31, 2023
Marketmind: Back to data watching, with US debt bill on track
A look at the day ahead in European and global markets from Sonali Desai With the U.S. debt ceiling bill clearing an important procedural hurdle en route to a vote in the House of Representatives on W...
May 31, 2023
Thai April factory output drops 8% y/y, worse than forecast
BANGKOK (Reuters) - Thailand's manufacturing production index (MPI) in April contracted by a more-than-expected 8.14% from a year earlier, as exports slowed and production costs rose, the industry min...
May 31, 2023
China Telecom establishes quantum technology group
By Casey Hall SHANGHAI (Reuters) - China Telecom has invested 3 billion yuan ($434 million) to establish the China Telecom Quantum Information Technology Group Co., it said in a statement on its offic...
May 31, 2023
Operation to empty Yemen Safer oil tanker set to begin, UN says
DUBAI (Reuters) - Operations to salvage 1.1 million barrels of oil from a decaying tanker moored off Yemen's coast will soon begin after a technical support ship arrived on site on Tuesday, the United...
May 31, 2023
