Author Archives: Syndicated Content
Over 59 million shares reserved for anchor investors in LIC IPO
By Nupur Anand MUMBAI (Reuters) - The IPO of Life Insurance Corporation (LIC), India's biggest insurer, has got off to a strong start, with 59.3 million shares that were set aside for anchor investors...
May 02, 2022
Activist investor Ancora has stake in Hasbro, urges sale of Entertainment One unit - WSJ
(Reuters) - Activist investor Ancora Holdings Inc has a roughly 1% stake in Hasbro Inc and wants the toymaker to explore a full or partial sale of its unit Entertainment One, the Wall Street Journal r...
May 02, 2022
Australian regulator presses banks to update online payments tech
SYDNEY (Reuters) - Australia's central bank is pressing the country's commercial banks to meet deadlines on new payments systems that will make it easier and cheaper for customers to set up direct deb...
May 02, 2022
S.Korea April CPI growth hits over 13-yr high, tops expectations
SEOUL (Reuters) - South Korea's consumer prices in April rose much faster than expected and at their fastest pace in more than 13 years over a year earlier, government data showed on Tuesday. The Stat...
May 02, 2022
Australia's Woolworths sales jump about 10% on stockpiling, rising costs
(Reuters) - Australian grocer Woolworths Group on Tuesday reported a near 10% jump in third-quarter sales, benefiting from consumer stockpiling in the early part of the quarter as well as rising infla...
May 02, 2022
Warrant issued for Alabama corrections officer who vanished with jail escapee
By Steve Gorman (Reuters) - Authorities searching for an escaped murder suspect in Alabama issued an arrest warrant on Monday for the female corrections officer who vanished with him from jail and was...
May 02, 2022
Woman says Amazon.com fired her because she got 'long COVID' - lawsuit
By Jonathan Stempel NEW YORK (Reuters) - A former Amazon.com Inc employee sued the online retailer on Monday, saying it wrongly fired her and demanded she repay wages after she contracted "long COVID....
May 02, 2022
UK's Johnson joins final push to convince Arm to list in London -FT
(Reuters) - UK Prime Minister Boris Johnson has joined a final push to convince SoftBank Group Corp-backed chip designer Arm to list in London, the Financial Times reported on Monday, citing people fa...
May 02, 2022
Enough nickel, lithium for 14 million EVs in 2023 - European climate group
By Nick Carey (Reuters) - Data shows there is enough nickel and lithium to produce up to 14 million electric vehicles (EVs) globally in 2023, so Europe should secure more raw materials to shift away f...
May 02, 2022
U.S. trade chief Tai says all tools on table to beat inflation, tariffs not top of list
By Andrea Shalal WASHINGTON (Reuters) - All tools are on the table to address rising inflation, including reductions of tariffs on Chinese imports, U.S. Trade Representative Katherine Tai said on Mond...
May 02, 2022
