(Reuters) -Singapore Telecommunications on Monday forecast non-cash impairment provisions of S$3.1 billion ($2.28 billion) for second-half of 2024 which would lead to the telecom giant reporting a net[...]
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April 28, 2024
British motor premiums see modest rise in first quarter of 2024
(Reuters) – The cost of car insurance in the UK rose 1% in the first quarter, a survey showed on Monday, indicating an easing in the rise of premium seen last year. The data from the Association[...]
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China industrial profits fall in March, stir doubts about economic recovery
By Liangping Gao and Ryan Woo BEIJING (Reuters) -China’s industrial profits fell in March and slowed gains for the quarter compared to the first two months, official data showed on Saturday, rai[...]
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Insurer AIA’s Q1 new business value rises 31%, announces $2 billion buyback
(Reuters) -Hong Kong-based insurer AIA Group on Monday posted a 31% rise in its first-quarter value of new business (VONB) on a constant exchange currency basis helped by strong performance across seg[...]
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Morning Bid: Helter-skelter yen, US tech tonic
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asian stocks should open on Monday buoyed by Friday’s tech-led surge on Wall Street, while investors will be scrambl[...]
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Deutsche Bank to assess options for possible Postbank settlement
FRANKFURT (Reuters) – Deutsche Bank said on Sunday that it would “carefully assess” options for a possible settlement in litigation over its takeover of Postbank that has required it[...]
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Nigeria secures $600 million Maersk investment in seaport infrastructure
ABUJA (Reuters) – Nigeria secured a $600 million investment in seaport infrastructure from Danish shipping company A.P. Moller-Maersk, the presidency said in a statement on Sunday. The investmen[...]
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L’Occitane’s billionaire owner close to possible $7 billion buyout bid, Bloomberg reports
(Reuters) -The billionaire owner of L’Occitane International is close to making a proposal to take the French skincare firm private as early as Monday in a deal that could value it at about $7 b[...]
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Elon Musk visits China as Tesla seeks self-driving technology rollout
SHANGHAI/BEIJING (Reuters) -Tesla CEO Elon Musk arrived in Beijing on Sunday on an unannounced visit, where he was expected to discuss the rollout of Full Self-Driving (FSD) software and permission to[...]
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