SHANGHAI (Reuters) – Chinese artificial intelligence stocks are the latest rage in mainland markets as the global frenzy around the…
Emerging market funds see big inflows in January on China reopening
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Emerging market bond and equity funds received heavy inflows in January after…
Holcim cements North America push with $1.29 billion acquisition of roofing company
By John Revill and Noele Illien ZURICH (Reuters) -Holcim AG, the world’s biggest cement maker, has agreed to buy U.S.…
Nintendo promises 10% pay hike even as it trims profit outlook
TOKYO (Reuters) -Japanese video game maker Nintendo Co Ltd said on Tuesday it plans to lift workers’ base pay by…
Kenya tweaks 2022/23 spending, deficit estimates in supplementary budget
NAIROBI (Reuters) – Kenya’s finance ministry has tweaked its spending and budget deficit estimates for the current fiscal year that…
Siemens Energy: EU green deal lacks details on implementation
FRANKFURT (Reuters) – Plans by the European Union to loosen state aid rules in order to boost local industry and…
European regulator rules out single-pilot flying by 2030
By Jamie Freed and Allison Lampert (Reuters) -Europe’s aviation regulator has ruled out an industry push to allow planes to…
S. Africa’s Sasol expects HY profit to double on higher oil price
(Reuters) – South African petrochemical group Sasol said on Tuesday it expects its half-year profit to double, driven by strong…
Barrick rules out rival bid for Australia’s Newcrest – Bloomberg
MELBOURNE (Reuters) – Barrick Gold has ruled out a counterbid for number-one Australian gold producer Newcrest Mining, its chief executive…
ANZ to raise home loan rate by 25 bps, matching central bank move
(Reuters) – Australia and New Zealand Banking Group said on Tuesday it would raise its Australian variable home loan rates…