Author Archives: Syndicated Content
Malaysia says planned house arrest laws aimed at reducing reoffending, prison overcrowding
KUALA LUMPUR (Reuters) - Malaysia's proposal to introduce laws allowing house arrest for some offences was aimed at reducing recidivism rates and prison overcrowding, and not at freeing certain indivi...
Oct 25, 2024
Spanish truckers call off strikes demanding earlier retirement
MADRID (Reuters) - Spain's truck drivers have called off a series of strikes that were set to begin on Oct. 28 to demand earlier retirement with better conditions, trade union CCOO said on Friday. How...
Oct 25, 2024
India's Jubilant Pharmova posts bigger Q2 profit on strong demand
(Reuters) - India's Jubilant Pharmova reported a 64.5% rise in second-quarter profit on Friday, driven by a strong demand for its drugs with radioactive ingredients, used to treat cancer and other dis...
Oct 25, 2024
China's market rollercoaster claims another fund
By Samuel Shen and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) - Shanghai Power Asset Management Co has apologised to investors and shut its arbitrage strategy after heavy losses, the latest China hedg...
Oct 25, 2024
Holcim spin-off of North American business progressing "extremely well"
ZURICH (Reuters) - Holcim's spin-off of its North American business is progressing "extremely well", Chief Financial Officer Steffen Kindler said on Friday, with updates for investors planned soon. "T...
Oct 25, 2024
NatWest raises income outlook as lending growth drives profits higher
By Lawrence White LONDON (Reuters) - NatWest reported a 26% rise in third-quarter profit and raised its income forecast for 2024, as it grew lending and deposits while sustaining margins despite an un...
Oct 25, 2024
Air France-KLM open to all options in privatisation of Portugal's TAP, source says
LISBON (Reuters) - Air France-KLM wants to take part in the privatisation of Portugal's carrier TAP and is open to various options the government may offer, including purchasing a minority stake, a so...
Oct 25, 2024
Chinese self-driving firm WeRide raises $120 million in US IPO
(Reuters) - Chinese self-driving firm WeRide said on Friday it has raised $120 million in its U.S. initial public offering. The company sold 7.7 million American depositary shares in the offering at $...
Oct 25, 2024
German business sentiment rises in October, says Ifo
By Rachel More BERLIN (Reuters) - German business morale improved more than expected in October, a survey showed on Friday, offering hope for some respite towards the end of the year in the economy's ...
Oct 25, 2024
Reserve Bank of Australia reports $2.8 billion accounting loss for 2024
By Lewis Jackson SYDNEY (Reuters) - Australia's central bank recorded its fourth straight year of accounting losses in 2024, it said on Friday, as the legacy of its pandemic interventions lingers on i...
Oct 25, 2024
