Author Archives: Syndicated Content
Germany’s Bike24 seen listing at 15 euros a share – bookrunner
BERLIN (Reuters) - Germany's Bike24 will likely price its flotation on the Frankfurt Stock Exchange at 15 euros ($17.85) per share, the bottom of its marketing range to ensure a strong after-market pe...
Jun 22, 2021
Hungary’s new LGBT law contradicts EU values, Germany says
(Reuters) - Hungary's new law banning the "display and promotion of homosexuality" among under-18s clearly violates European Union values, Germany said on Tuesday. "The European Union is not primarily...
Jun 22, 2021
Chinese ambassador to U.S. to leave post after eight years
BEIJING (Reuters) - China's long-serving ambassador to Washington, Cui Tiankai, confirmed on Tuesday that he is leaving his post. Cui, who is 68 and past the retirement age of 65 for Chinese diplomats...
Jun 22, 2021
MLB roundup: D-backs snap 17-game losing streak
Merrill Kelly tossed seven strong innings and the Arizona Diamondbacks snapped their franchise-record, 17-game losing streak with a 5-1 win over the Milwaukee Brewers on Monday in Phoenix. Kelly (3-7)...
Jun 22, 2021
Dubai’s investment arm ICD records full year loss of 15.50 billion dirhams
DUBAI (Reuters) - Investment Corp. of Dubai, the Dubai government's main investment arm, on Tuesday reported a loss for last year as the coronavirus pandemic impacted its portfolio companies. The firm...
Jun 22, 2021
Chipmaker GlobalFoundries plans $6 billion expansion in Singapore, U.S., Germany
By Aradhana Aravindan SINGAPORE (Reuters) - Chipmaker GlobalFoundries said on Tuesday it will spend $6 billion to expand capacity at its factories in Singapore, Germany and the United States amid a ch...
Jun 22, 2021
‘Harder than Everest’: record-breaking female climber stranded in Nepal amid COVID crisis
By Gopal Sharma KATHMANDU (Reuters) - Hong Kong resident Tsang Yin-Hung, who made the fastest ascent of Mount Everest by any woman, and dozens of other mountaineers from China are unable to get out of...
Jun 22, 2021
Pakistan to receive 13 million doses of Pfizer vaccine – minister
By Umar Farooq ISLAMABAD (Reuters) - Pakistan has made an agreement to procure 13 million doses of COVID-19 vaccine from Pfizer, the country's health minister said on Tuesday. An exact timeline was no...
Jun 22, 2021
GKN-owner Melrose to return $1 billion to shareholders after Nortek sale
(Reuters) -Britain's Melrose Industries on Tuesday laid out plans to return about 730 million pounds ($1.01 billion) in cash to its shareholders after the company sold its Nortek Air Management busine...
Jun 22, 2021
Garuda Indonesia weighs court-led debt restructuring, to shrink fleet
By Bernadette Christina JAKARTA (Reuters) - Flag carrier Garuda Indonesia, which last week defaulted on a $500 million sukuk, is considering a court supervised debt restructuring process and is in tal...
Jun 22, 2021
