Author Archives: Syndicated Content
Stellantis, Dongfeng to deepen China partnership with asset transfer deal
(Reuters) -Hong Kong's Dongfeng Motor Group and the Netherlands-based Stellantis said on Thursday the automakers will expand their vehicle and component export business through an asset sale to better...
Oct 19, 2023
Exclusive-Hitachi set to win EU okay for $1.8 billion Thales deal, sources say
By Foo Yun Chee BRUSSELS (Reuters) - Hitachi is set to win EU antitrust approval for its 1.7-billion-euro ($1.8 billion) acquisition of Thales' GTS railway signalling business on the condition it sell...
Oct 19, 2023
Chinese gallium prices hit 7-month high as demand improves, shipments resume
BEIJING (Reuters) - Chinese prices of chip-making metal gallium hit their highest since February this week on stronger domestic demand and growing hopes of recovering exports, analysts and suppliers s...
Oct 19, 2023
Bristol Myers' injectable kidney cancer drug found non-inferior to IV form
(Reuters) - Bristol Myers Squibb said on Thursday its injectable form of blockbuster cancer drug Opdivo was found to be non-inferior to the approved intravenous form in a late-stage trial for treatmen...
Oct 19, 2023
Crunch time for Brazil ports as coffee flow hit, sugar faces delays
By Marcelo Teixeira (Reuters) - Brazil's commodities export hubs are strained with record volumes of soy, corn and sugar to be moved at a time of the year when rains start to increase in southern port...
Oct 19, 2023
China's Xi calls for efforts to fight cross-border crimes with Thailand
BEIJING (Reuters) - China and Thailand should step up efforts to crack down on cross-border crimes such as telecommunications fraud and online gambling, President Xi Jinping told Thai Prime Minister S...
Oct 19, 2023
American Airlines cuts 2023 profit forecast on soaring costs
(Reuters) -American Airlines on Thursday cut its 2023 forecast for adjusted profit as it struggles to overcome the impact of higher jet fuel prices and expensive labor contracts, sending its shares do...
Oct 19, 2023
Factbox-Top candidates in Venezuela's opposition primary
By Deisy Buitrago CARACAS (Reuters) - Voters in Venezuela will on Sunday choose a unity candidate from among 10 hopefuls to represent the country's opposition in 2024 presidential elections, when Pres...
Oct 19, 2023
Blackstone's Q3 profit drops 12% on weak asset sales, misses estimates
By Chibuike Oguh NEW YORK (Reuters) - Blackstone Inc, the world's largest private equity firm, said on Thursday that its third-quarter distributable earnings fell by a steeper-than-expected 12% year-o...
Oct 19, 2023
Philip Morris lifts profit forecast on higher pricing, steady demand
(Reuters) -Philip Morris International on Thursday raised annual profit forecast, after topping quarterly profit expectations, boosted by higher cigarette prices, demand for its heated tobacco product...
Oct 19, 2023
