Author Archives: Syndicated Content
Germany pledges $86 million to Ghana for ‘critical sector’ development
ACCRA (Reuters) - Germany has pledged 82 million euros ($86 million) to Ghana in grants to support renewable energy and financial sector development, Ghana's finance ministry said in a statement late ...
Dec 02, 2022
Volvo Cars’ sales growth accelerates to 12% in November
STOCKHOLM (Reuters) - Sweden-based Volvo Car AB said on Friday its sales grew 12% year-on-year in November to 59,154 cars. "Overall underlying demand for the company's cars continues to remain robust,...
Dec 02, 2022
Assa Abloy locks in $800 million deal to sell Emtek, Yale businesses to Fortune Brands
(Reuters) - Assa Abloy AB said on Friday it will sell its Yale and Emtek lock brands, and U.S. and Canada residential businesses to Fortune Brands Home & Security in an $800 million all-cash deal, as ...
Dec 02, 2022
Swiss engineering group ABB fined $4.3 million
ZURICH (Reuters) - Swiss engineering and technology group ABB has been fined 4 million Swiss francs ($4.3 million) by the country's Attorney General in connection with a bribery case in South Africa. ...
Dec 02, 2022
Credit Suisse chairman says outflows have basically stopped
ZURICH (Reuters) - Credit Suisse Chairman Axel Lehmann said in a TV interview with Bloomberg on Friday the embattled bank's outflows have basically stopped and that it is seeing partial inflows. Credi...
Dec 02, 2022
Airbus delivered estimated 563 jets Jan-Nov, sources say
PARIS (Reuters) - Airbus delivered 66 jets in November, leaving itself a near-record challenge of 137 in December to meet its 2022 goal, although it has not excluded the possibility that the target wi...
Dec 02, 2022
Exclusive-China’s top banks to issue offshore loans to help developers repay debt -sources
By Julie Zhu, Engen Tham and Jing Xu HONG KONG/SHANGHAI/BEIJING (Reuters) - China has ordered its top four state-owned banks to issue offshore loans to help developers repay overseas debt, three peopl...
Dec 02, 2022
Binance CEO says paused withdrawals after Ankr hack
(Reuters) - Binance Chief Executive Officer Changpeng Zhao said on Friday that the cryptocurrency exchange has paused withdrawals after the possible attacks on Web 3 operator Ankr and Hay. "Initial an...
Dec 02, 2022
French company Sanofi: any offer for Horizon Therapeutics, if made, will be in cash
PARIS (Reuters) - French health group Sanofi said on Friday that if it decided to bid for biotech company Horizon Therapeutics Plc, it would do so in cash. "Any offer for Horizon Therapeutics Plc, if ...
Dec 02, 2022
Arctic data cable linking Europe to Japan secures first investment
By Anne Kauranen HELSINKI (Reuters) - A plan to build the first fibre-optic cable across the Arctic has secured its first investment, the consortium behind the 1.1 billion euro ($1.15 billion) scheme ...
Dec 02, 2022
