Panasonic sees record profit on robust battery demand, U.S. tax credit
TOKYO (Reuters) -Japan’s Panasonic Holdings Corp on Wednesday said it expects net profit to rise to a record high this…
May 2023
U.S. prosecutors look at short selling in bank shares – source
By Chris Prentice NEW YORK (Reuters) – Federal prosecutors in Washington are looking into short seller activity around the recent…
Analysis-Investors’ route to post-COVID China is via Europe
By Alun John and Ankur Banerjee LONDON/SINGAPORE (Reuters) – Investors are getting more bang for their buck this year by…
Rivian Results Boost Shares Out Of EV Startup Gloom
By Akash Sriram (Reuters) – Shares of Rivian Automotive Inc rose nearly 6% on Wednesday as the company’s positive earnings…
Rivian results boost shares out of EV startup gloom
By Akash Sriram (Reuters) – Shares of Rivian Automotive Inc rose nearly 6% on Wednesday as the company’s positive earnings…
Private-credit firms see opportunity as banks tighten lending
By Lisa Pauline Mattackal (Reuters) – Private-credit firms are eyeing fresh opportunities from a potential borrowing squeeze in the United…
Lithium producers Allkem, Livent to combine in $10.6 billion deal
(Reuters) -Lithium companies Allkem Ltd and Livent Corp said on Wednesday they will combine in an all-stock $10.6 billion deal…
Syneos taken private for $4.46 billion by investment consortium
(Reuters) -An investment consortium, comprising of Elliott Investment Management, Patient Square Capital and Veritas Capital, has agreed to take Syneos…
Egypt’s headline inflation slows to 30.6% in April
CAIRO (Reuters) -Egypt’s annual urban consumer inflation in April slowed to 30.6% from 32.7% in March, data from the state…
US credit crunch didn’t start with SVB collapse, and may not end there
By Howard Schneider WASHINGTON (Reuters) – It wasn’t the March 10 collapse of Silicon Valley Bank that prompted Carissa Rodeheaver,…