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Recent Posts

  • Investors react to Trump’s 30% tariffs on EU and Mexico
    July 12, 2025
  • US online spending surges $24.1 billion as steep discounts boost sales, Adobe says
    July 12, 2025
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    July 12, 2025
  • February 26, 2025

Indonesia says Apple should soon be able to sell iPhone 16s

By Stanley Widianto JAKARTA (Reuters) - Apple (NASDAQ:AAPL) will soon be able to sell its iPhone 16 phones in Indonesia after the two sides agreed on a number of deals, including...

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  • February 26, 2025

Serbia shores up oil reserves as seeks delay of U.S. sanctions on oil company NIS

BELGRADE (Reuters) - Serbia is shoring up its crude oil and fuel reserves as the country presses on with talks with the United States and Russia to avoid U.S. sanctions on its oil...

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  • February 26, 2025

Itochu will not participate in Seven & i buyout from founding family, Nikkei says

TOKYO (Reuters) - Japan's Itochu has decided not to participate in a buyout for Seven & i Holdings put forward by the retailer's founding family, the Nikkei newspaper reported on...

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  • February 26, 2025

Munich Re faces $1.3 billion in claims from Los Angeles inferno

By Tom Sims and Alexander Hübner FRANKFURT - Germany's Munich Re expects about 1.2 billion euros ($1.26 billion) in claims resulting from the Los Angeles wildfires, it said on...

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  • February 26, 2025

Aston Martin cuts 5% of workforce, delays first electric car again

(Reuters) -Luxury carmaker Aston Martin (LON:AML) said on Wednesday it will cut about 5% of its global workforce to further reduce costs and drive future investments, and...

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  • February 26, 2025

Exclusive-CICC to merge with Galaxy Securities to form China's No.3 brokerage, say sources

By Julie Zhu HONG KONG (Reuters) - State-owned China International Capital Corp (CICC) is set to merge with its peer China Galaxy Securities, said five sources, in a deal that...

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  • February 26, 2025

City Developments' executive chair accuses CEO son of boardroom coup plot, trading suspended

(Reuters) - Singapore's City Developments suspended trading on Wednesday after the real estate firm's executive chairman accused his son, the company's CEO, of plotting a...

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  • February 26, 2025

AB InBev posts record revenue, driven by premium brands and digital growth

-- Anheuser-Busch InBev (EBR:ABI) posted solid results for 2024 on Wednesday, with record-high revenue and strong earnings growth despite volume declines in some...

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  • February 26, 2025

Stellantis sees revenue growth, positive cash in 2025 after critical 2024

MILAN (Reuters) - Automaker Stellantis (NYSE:STLA) said on Wednesday it would return to revenue growth and positive cash generation in 2025 as it scrambles to recover from a...

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  • February 26, 2025

Deutsche Telekom forecasts continued earnings surge in 2025 after record year

-- Deutsche Telekom (ETR:DTEGn) on Wednesday said it expects further earnings growth in 2025 after surpassing financial targets for the previous year.  The...

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