Author Archives: Syndicated Content
South Africa's Dis-Chem Pharmacies half-year profit grows 16.3%
JOHANNESBURG (Reuters) - South African pharmacy group Dis-Chem Pharmacies reported a 16.3% rise in half-year earnings on Friday, citing cost savings. The group's headline earnings per share (HEPS), a ...
Oct 25, 2024
Tropical Storm Trami kills 46 in Philippines, and could return next week
MANILA (Reuters) - The death toll in the Philippines from Tropical Storm Trami rose to 46 on Friday with another 20 people missing as officials warned the weather pattern could loop back and lash the ...
Oct 25, 2024
UBS Global Wealth Management lifts global equities stance to 'attractive'
(Reuters) - UBS Global Wealth Management raised its stance on global equities to "attractive" from "neutral", citing resilient U.S. economic growth and the monetary policy easing by major central bank...
Oct 25, 2024
Euro zone bank lending continues to rebound, ECB data shows
(Reuters) - Euro zone bank lending continued to rebound last month, indicating that the drag from high European Central Bank rates is starting to fade even if absolute lending levels remain modest, EC...
Oct 25, 2024
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
