economy

World stocks hit another record, crude up in big data week

Global stocks again hit record highs and oil rose on Tuesday, before European and U.S. data that should this week…

4 years ago

Monde Nissin bets on meat alternatives following record $1 bln Philippine IPO

Philippine food maker Monde Nissin Corp (MONDE.PS) is pinning its future on the fast-growing alternative meats business on the back…

4 years ago

KKR, CD&R take data analytics firm Cloudera private for $4.7 bln

Private equity firms KKR & Co (KKR.N) and Clayton Dubilier & Rice LLC (CD&R) will take Cloudera Inc (CLDR.N) private…

4 years ago

Australian banks, led by CBA, set to return record $15 bln cash to investors

Australia's big banks are likely to return a record $15 billion or more of cash to investors over the next…

4 years ago

ProSieben CEO: better off alone but open to merger interest

The chief executive of ProsiebenSat.1 Media (PSMGn.DE) said on Tuesday he was aware of the interest of international media companies…

4 years ago

Cathay Pacific to recruit more local pilots despite plunge in travel demand

Hong Kong's Cathay Pacific Airways Ltd (0293.HK) has resumed recuiting pilots with residency rights in the territory as part of…

4 years ago

Australia c.bank holds rates as economy charges ahead

Australia's central bank left its cash rate at record lows on Tuesday and reiterated its lower-for-longer policy stance even as…

4 years ago

UK house prices jump by 10.9%, could speed up further- Nationwide

British house prices jumped by an annual 10.9%, the most innearly seven years, and they look set to accelerate further…

4 years ago

Canada’s Centerra Gold says Kyrgyz units seek bankruptcy after mine seizure

Canada's Centerra Gold Inc (CG.TO) on Monday said Kyrgyzstan units Kumtor Gold Co and Kumtor Operating Co have commenced bankruptcy…

4 years ago

German ‘insurtech’ Wefox raises $650 mln at valuation of $3 bln

Digital insurance startup Wefox said on Tuesday it had raised $650 million from investors, in what it called a record-breaking…

4 years ago