South Africa’s Aspen expands further into Asia with Sandoz China deal

South Africa’s Aspen expands further into Asia with Sandoz China deal

An Aspen Pharmacare logo is seen at outside company offices in Woodmead, Johannesburg, South Africa, September 13, 2018. REUTERS/Siphiwe Sibeko/File Photo Acquire Licensing Rights JOHANNESBURG, Dec 4 (Reuters) – Aspen Pharmacare (APNJ.J) is expanding further into China through a deal to buy the Chinese business of Swiss group Sandoz (SDZ.S) for up to 92.6 million … Read more

Morning Bid: AI buzzes but market shrugs at Nvidia beat

Morning Bid: AI buzzes but market shrugs at Nvidia beat

A trader works on the floor of the New York Stock Exchange shortly before the closing bell as the market takes a significant dip in New York, U.S., February 25, 2020. REUTERS/Lucas Jackson/File Photo Acquire Licensing Rights A look at the day ahead in U.S. and global markets from Mike Dolan The mercurial world of … Read more

Morning Bid: Murky US inflation picture

Morning Bid: Murky US inflation picture

A trader works on the floor of the New York Stock Exchange shortly before the closing bell as the market takes a significant dip in New York, U.S., February 25, 2020. REUTERS/Lucas Jackson/File Photo Acquire Licensing Rights A look at the day ahead in U.S. and global markets from Mike Dolan If investors were wondering … Read more

Agrochemicals group Syngenta indicates $10 bln IPO likely next year

Agrochemicals group Syngenta indicates $10 bln IPO likely next year

A logo is seen at the headquarters of agricultural chemical maker Syngenta in Basel, Switzerland January 30, 2020. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing Rights ZURICH, Nov 9 (Reuters) – Swiss agrochemicals company Syngenta said on Thursday it was still planning to complete its $10 billion flotation, but indicated weak financial markets made it more likely … Read more

For global banks, India could soon be worth it

For global banks, India could soon be worth it

A man walks out of the Bombay Stock Exchange (BSE) building in Mumbai, India, January 3 2020. REUTERS/Francis Mascarenhas Acquire Licensing Rights BENGALURU, Nov 7 (Reuters Breakingviews) – Global banks’ CEOs have descended on Hong Kong for a financial leaders summit hosted by the city’s monetary authority but investment bankers based in the hub are … Read more

European shares steady on mixed earnings; Worldline plunges

European shares steady on mixed earnings; Worldline plunges

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 24, 2023. REUTERS/Staff Acquire Licensing Rights STOXX 600 flat Deutsche Bank gains on Q3 revenue beat Kering slumps on weak sales, drags peers Worldline at bottom of STOXX 600 after FY target cut Oct 25 (Reuters) – European … Read more

Exclusive: Japan’s JFE Steel eyes stake in Teck’s coal business -sources

Exclusive: Japan’s JFE Steel eyes stake in Teck’s coal business -sources

[1/2]The logo for Canadian mining company Teck Resources Limited is displayed above their booth at the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 7, 2023. REUTERS/Chris Helgren/File Photo Acquire Licensing Rights TORONTO, Oct 19 (Reuters) – Japan’s JFE Steel Corp is in talks to buy a stake in … Read more

Schindler lifts 2023 outlook on strong services business

Schindler lifts 2023 outlook on strong services business

Logo of Swiss manufacturer Schindler is seen at an elevator in Zurich, Switzerland February 17, 2021. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing Rights Expects 2023 net profit at 880 mln-910 mln francs Expects 2023 revenue growth of 6%-8% Shares seen up 1.4% in Julius Baer pre-market Q3 net profit at 228 mln francs Oct 19 (Reuters) … Read more

Dollar, yields rise, stocks fall after US consumer price data

Dollar, yields rise, stocks fall after US consumer price data

[1/3]Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights U.S. stocks end lower as yields rise Dollar index jumps; U.S. oil prices down Middle East troubles remain in focus NEW YORK, Oct 12 (Reuters) – U.S. Treasury yields … Read more

Europe’s Luxury stocks at risk of going out of style

Europe’s Luxury stocks at risk of going out of style

[1/3]A Louis Vuitton logo is seen outside a store on the Champs-Elysees avenue in Paris, France, June 27, 2023. REUTERS/Stephanie Lecocq/File Photo Acquire Licensing Rights LONDON/PARIS, Oct 9 (Reuters) – Europe’s luxury brands may have sparkled at Paris Fashion Week, but investors are questioning their taste for the shares in the face of a Chinese … Read more