TOKYO (Reuters) -Japanese chipmaker Rohm Co Ltd said on Wednesday it was considering joining a consortium led by private equity fund Japan Industrial Partners (JIP) to buy out Toshiba Corp, as JIP wor[...]
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Economy
Mr Kipling maker Premier Foods posts higher half-year adjusted profit
(Reuters) – Premier Foods reported a rise in half-yearly adjusted profit on Wednesday on strong demand for its cakes and grocery products, while flagging further price pressures amid surging inf[...]
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Italy names former Treasury official to head ITA Airways
ROME (Reuters) -The Italian economy ministry on Wednesday said it would appoint former Treasury official Antonino Turicchi as chairman of state-owned carrier ITA Airways, the successor to Alitalia. Tu[...]
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In China’s property crisis, global asset managers see opportunity in rental housing
By Clare Jim HONG KONG (Reuters) – Global investors Warburg Pincus and Greystar Real Estate Partners are pushing deeper into China’s rental housing, as a growing number of distressed devel[...]
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Burberry looks to reignite spark under new leadership duo
By Suban Abdulla LONDON (Reuters) – Burberry’s new chief executive Jonathan Akeroyd will on Thursday set out his plan to finish the job started by his predecessor: boosting growth at the B[...]
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Marketmind: A missile and a manifesto
A look at the day ahead in European and global markets from Ankur Banerjee U.S President Joe Biden said a missile that killed two people in Poland may not have been fired from Russia. That comment wil[...]
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South Korean apartment prices drop at steepest pace in two decades
By Cynthia Kim and Jihoon Lee SEOUL (Reuters) – South Korea’s housing prices fell at the sharpest rate in at least 19 years in October, adding to expectations the nation’s central ba[...]
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Cryptoverse: So long, Solana? Ether rival clobbered by FTX crash
By Lisa Pauline Mattackal and Medha Singh (Reuters) – Solana, a poster coin of the crypto future, is in trouble. The cryptocurrency, which had been lauded by FTX’s founder Sam Bankman-Frie[...]
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WTO warns of ‘real’ recession risk in some major economies
By Leika Kihara NUSA DUA, Indonesia (Reuters) – The head of the World Trade Organization (WTO) warned on Wednesday that several major economies face a real risk of sliding into recession as the[...]
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