By Kiyoshi Takenaka and Makiko Yamazaki TOKYO (Reuters) – Toshiba Corp said on Thursday its board has decided to recommend shareholders take up a tender offer from a group led by Japan Industria[...]
Read more
June 8, 2023
Just Climate raises $1.5 billion with help from Microsoft fund
LONDON (Reuters) – Asset manager Just Climate said on Thursday it had raised $1.5 billion for its inaugural fund after strong demand from institutional clients including Microsoft’s Climate Inno[...]
Read more
Tokio Marine taps Goldman, Jefferies to sell $1bln Southeast Asia life insurance unit-sources
By Yantoultra Ngui and Kane Wu SINGAPORE/HONG KONG (Reuters) – Japanese insurer Tokio Marine Holdings has picked Goldman Sachs and Jefferies to work on the sale of its Southeast Asia life insura[...]
Read more
US wholesale inventories revised up in April
WASHINGTON (Reuters) – U.S. wholesale inventories fell a bit less in April than initially estimated, which could provide a lift to economic growth in the second quarter. The Commerce Department[...]
Read more
GameStop ousts CEO, elevates Cohen as sales fall again
By Samrhitha A and Svea Herbst-Bayliss (Reuters) – Ryan Cohen, the billionaire investor whose bold bet on GameStop Corp made him a hero to meme stock traders, took over as executive chairman on[...]
Read more
Tesla considering building automotive investment in Spain – source
MADRID (Reuters) -U.S. electric car manufacturer Tesla is in talks with the leaders of the regional government of Valencia in Spain to make an automotive investment, a source close to the discussions[...]
Read more
ECB to hike rates in June and July to break sticky inflation: Reuters poll
By Prerana Bhat BENGALURU (Reuters) – The European Central Bank will hike its key interest rates by 25 basis points on June 15 and again in July before pausing for the rest of the year as inflat[...]
Read more
Euro zone saw winter recession, more challenges ahead
By Philip Blenkinsop BRUSSELS (Reuters) -The euro zone economy fell into a technical recession in the first three months of 2023, data from statistics agency Eurostat showed on Thursday as signs emerg[...]
Read more
Mexico’s annual inflation hits lowest since August 2021, beating forecasts
MEXICO CITY (Reuters) – Mexico’s annual inflation rate slowed in May for a fourth consecutive month to 5.84%, data from statistics agency INEGI showed on Thursday, beating forecasts and co[...]
Read more