business

Analysis: The hardest part is yet to come for gas-hoarding Europe

Europe faces a much tougher task to rebuild gas stocks next year compared with this winter, meaning energy bills are…

3 years ago

Exclusive: L3Harris nears $4.7 billion deal to acquire Aerojet Rocketdyne

L3Harris Technologies Inc is nearing a $4.7 billion deal to acquire U.S. rocket maker Aerojet Rocketdyne Holdings Inc, 10 months…

3 years ago

Turnover surges as funds rush to exit private equity stakes

Private equity holdings are being sold at a record clip in an opaque secondary market, investors say, as asset managers…

3 years ago

Foxconn fine for unauthorised China investment likely to be imposed soon – source

Foxconn, the world's largest contract electronics maker, is likely to be fined soon by Taiwan's government for an unauthorised investment…

3 years ago

Morning Bid: No Messi magic for markets

Soccer fans enjoyed an extraordinary final of the World Cup on Sunday as high emotion and intense drama gave way to Lionel…

3 years ago

Exclusive: Grab to cut more costs amid economic chill

Grab Holdings Southeast Asia's biggest ride-hailing and food delivery firm, is cutting more costs to cope with an uncertain economic…

3 years ago

ECB to slow rate hikes and lay out plans to drain cash

The European Central Bank is set to raise interest rates for the fourth time in a row on Thursday, although…

3 years ago

Germany’s half-a-trillion dollar energy bazooka may not be enough

Germany is bleeding cash to keep the lights on. Almost half a trillion dollars, and counting, since the Ukraine war…

3 years ago

Goldman Sachs to stop making unsecured consumer loans – source

Goldman Sachs Group Inc plans to stop originating unsecured consumer loans, a source familiar with the move told Reuters on Monday,…

3 years ago

Exclusive: China readying $143 billion package for its chip firms in face of U.S. curbs

China is working on a more than 1 trillion yuan ($143 billion) support package for its semiconductor industry, three sources…

3 years ago