Ant aims to file preliminary prospectus as soon as July – sources Ant needs CSRC guidance on when to file source prospectus Ant says there are no plans to relaunch its IPO statement Warburg Pincus valued Ant at $180 billion at the end of March HONG KONG, June 9 (Reuters) – China’s central management has …
EXCLUSIVE Beijing gives first nod to revive Ant IPO after crackdown chills sources Read More »
Investors cautious ahead of ECB meeting and US CPI data White House expects next inflation numbers to be high Crude hits 13-week high on rising US demand Global growth concerns sap investment sentiment NEW YORK, June 8 (Reuters) – U.S. and European stocks fell on Wednesday as prospects for a rate hike dampened sentiment, while …
Stocks fall as sentiment dips on rate fears and yields rise Read More »
Apple has until 2024 to make changes The company said the change would hurt innovation Apple could boost sales by selling newer phones BRUSSELS, June 7 (Reuters) – Apple (AAPL.O) must change the connector for iPhones sold in Europe by 2024 after EU countries and lawmakers on Tuesday agreed on a single charging port for …
EU accepts single mobile charging port in blow for Apple Read More »
A man walks past a screen displaying a graph showing recent average movements in Nikkei stock outside a brokerage in Tokyo, Japan, December 30, 2020. REUTERS/Issei Kato/File Photo Join now for FREE unlimited access to Reuters.com Register Asian scholarships: Nikkei adds 0.3%, S&P 500 futures rise 0.4% Euro hits 7-year high against yen ahead of …
Asian stocks are buoyed by US futures, oil climbs Read More »
The European STOXX 600 up 0.3% Banks and auto stocks gain Wall Street poised to reflect advances The dollar climbs to its highest in two weeks against the yen LONDON/SINGAPORE, June 1 (Reuters) – European stocks posted small gains on Wednesday as the dollar strengthened as investors worried about soaring inflation and the hit to …
Stocks squeeze slim gains, dollar climbs as inflation soars Read More »
LONDON/BERLIN, May 30 (Reuters) – The humble wiring harness, a cheap component that bundles cables together, has become an unlikely bane of the automotive industry. Some predict that this could accelerate the fall of combustion cars. The auto part’s supply has been stifled by war in Ukraine, home to a large share of global production, …
How a cheap component could help kill combustion cars Read More »
BEIJING, May 30 (Reuters) – China’s “zero-COVID” policy of constantly monitoring, testing and isolating its citizens to prevent the spread of the coronavirus has hit much of the country’s economy, but it has created growth bubbles in the medical, technology and construction sectors. The Chinese government, alone among major countries to have pledged to eradicate …
LOS ANGELES, May 29 (Variety.com) — Tom Cruise may have pulled off one of the most daring stunts of his career: tricking audiences into going to the movies for something that doesn’t involve superheroes. “Top Gun: Maverick” scored blockbuster ticket sales in its opening weekend, grossing $134 million from a record 4,732 North American theaters. …
Box Office: ‘Top Gun: Maverick’ Debuts at Stratospheric $124 Million Read More »
US consumer spending rises, rising inflation slows Wall Street rallies and ends a weekly losing streak Treasury yields fall Brent oil rises $2 NEW YORK, May 27 (Reuters) – Global markets enjoyed a broad-based rally on Friday as the yield on benchmark U.S. Treasuries fell after data showed U.S. consumer spending rose in April and …
Global stock markets rally, Treasury yields fall on inflation data Read More »
The Alibaba Group logo is seen at its office in Beijing, China January 5, 2021. REUTERS/Thomas Peter Join now for FREE unlimited access to Reuters.com Register Fourth-quarter adjusted profit of 7.95 yuan/share vs. estimate of 7.31 yuan/share Fourth-quarter revenue up 9% to 204.05 billion yuan from an estimate of 199.25 billion yuan Analysts say Q4 …
Alibaba suspends advice due to COVID risks; Resilient Q4 raises stock Read More »
