By Max A. Cherney and Milana Vinn (Reuters) – Intel CEO Pat Gelsinger and key executives are expected to present a plan later this month to the company’s board of directors to slice off unnecess[...]
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Australian retailer Woolworths exits Endeavour Group three years after spin-off
By Sherin Sunny and Rishav Chatterjee (Reuters) – Australian retailer Woolworths has decided to exit the owner of liquor store chain Dan Murphy’s and BWS bottle shops, ending its long-stan[...]
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Analysis-Swiss franc carry trade comes fraught with safe-haven rally risk
By Harry Robertson LONDON (Reuters) – As investors turn to the Swiss franc as an alternative to Japan’s yen to fund carry trades, the risk of the currency staging one of its rapid rallies[...]
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Morning Bid: Plotting for payrolls
A look at the day ahead in European and global markets from Wayne Cole. It’s been a quiet start to the month with holidays in the United States and Canada sapping liquidity ahead of a deluge of[...]
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Key events during China’s regulatory scrutiny of Alibaba
SHANGHAI (Reuters) – China’s State Administration of Market Regulation (SAMR) said on Friday that Alibaba Group had completed three years “rectification” following a record $2.[...]
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Indonesia’s inflation stays within central bank range in Aug
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) -Indonesia’s annual inflation rate was 2.12% in August, essentially unchanged from 2.13% in July, official data showed on Monday, holdin[...]
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Analysis-Apple set for music, TV streaming fight in India after Airtel deal
By Munsif Vengattil and Aditya Kalra NEW DELHI (Reuters) – Apple’s partnership with India’s second-biggest telecoms firm will give the iPhone maker a sorely needed boost in a content[...]
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China to pitch green tech exports to African leaders as Western curbs loom
By Joe Cash and Duncan Miriri BEIJING/NAIROBI (Reuters) -China will urge a summit of 50 African nations in Beijing this week to take more of its goods, before Western curbs kick in on its exports such[...]
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Star Entertainment’s shares suspended on failing to submit financial results on time
(Reuters) – Shares of casino operator Star Entertainment are suspended from quotation for not lodging its finanical results by the due date, the Australian bourse operator said on Monday. Star E[...]
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