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Global equity funds see biggest inflow in six weeks

Global equity funds drew massive inflows in the seven days to Feb. 9 as investors cheered strong earnings results from…

4 years ago

EXCLUSIVE Activist shareholder Quarz opposes terms of $3 bln Singapore REIT merger

Activist investor Quarz Capital Management said it is opposed to the terms of a proposed S$4.2 billion ($3.1 billion) merger…

4 years ago

Toshiba now plans to split into two, bumps up shareholder return targets

Toshiba Corp (6502.T) said it now aims to break up into two companies instead of three, while also unveiling a big boost…

4 years ago

Analysis: Amazon notches up sunny sales, despite client shift to ‘multicloud’,

Amazon.com Inc has racked up four straight quarters of cloud computing sales growth, a streak analysts are calling impressive and…

4 years ago

Corteva eyes annual sales above expectations on solid demand

Corteva Inc (CTVA.N) on Wednesday forecast 2022 sales above market expectations as the insecticide and seed maker benefited from strong demand and…

4 years ago

EXCLUSIVE India LIC’s embedded value set at over $66.8 bln, govt official says

State-run Life Insurance Corporation of India's (LIC) embedded value has been finalised at more than 5 trillion rupees ($66.82 billion),…

4 years ago

Publicis bets on further growth in 2022 after digital ad boost

Publicis Groupe (PUBP.PA), the world's third-biggest advertising agency, on Thursday forecast organic sales growth of 4% to 5% this year, after…

4 years ago

Shell ends 2021 on high note, hikes dividend, buybacks again

Shell (SHEL.L) again boosted its dividend and share repurchases on Thursday after fourth quarter profits hit their highest in eight years, fuelled…

4 years ago

Video game publisher Electronic Arts lowers annual adjusted sales forecast

Electronic Arts Inc (EA.O) lowered its annual adjusted sales forecast after missing quarterly estimates on Tuesday, as the video game publisher faces…

4 years ago

Sony to buy ‘Destiny’ videogame developer Bungie in $3.6 bln deal

Sony Interactive Entertainment (6758.T) will acquire Bungie Inc, the original creator of the "Halo" videogame and developer of "Destiny", in a deal…

4 years ago