Defence Manufacturer Saab To Set Up New Facility In India, Make Weapons System
By Devjyot Ghoshal (Reuters) -Swedish defence products company Saab will set up a facility to manufacture its Carl-Gustaf M4 weapons…
September 2022
Shenzhen Govt-owned Firm Steps In To Complete Four Evergrande Projects
HONG KONG (Reuters) – Embattled China Evergrande Group is working with a real estate investment and operations firm owned by…
ADB to devote $14B to help ease food crisis in Asia-Pacific
MANILA, Philippines (AP) — The Asian Development Bank said Tuesday it will devote at least $14 billion through 2025 to…
Bitcoin Mining Struggles To Go Green, Research Shows
By Tom Wilson LONDON (Reuters) – Bitcoin is struggling to go green, with the cryptocurrency making only slim gains in…
Asian shares sharply lower after wobbly day on Wall Street
TOKYO (AP) — Asian shares tumbled Wednesday after a wobbly day ended with mixed results on Wall Street as markets…
Reversing UK Confidence Crash Requires Policy U-turn: Economists
By Andy Bruce LONDON (Reuters) – Rock-bottom investor confidence in Britain will only recover with a U-turn of the economic…
India’s BigBasket Looks To Raise $200 Million At Up To $3.5 Billion Valuation- ET
BENGALURU (Reuters) – India’s Tata Group-backed BigBasket has initiated a fresh round of funding that could value the online grocery…
Analysis-Whipsawed Forex Traders Say Currency Moves ‘remarkable’, Resemble Casino
By Saqib Iqbal Ahmed, Carolina Mandl and Dhara Ranasinghe NEW YORK/LONDON (Reuters) – Trading in tumultuous foreign exchange markets is…
Bank Of England ‘will Not Hesitate’ To Act As It Monitors Market Turmoil
By Amanda Cooper, David Milliken and Andy Bruce LONDON (Reuters) -The Bank of England said on Monday it would not…
Grab Expects To Break-even On Adjusted EBIDTA By H2 2024 – CFO
SINGAPORE (Reuters) -Grab Holdings Ltd, Southeast Asia’s biggest ride-hailing and food delivery firm, expects to break even on its adjusted…