Hapag-Lloyd net profit dives 67% in H1, maintains outlook
By Vera Eckert FRANKFURT (Reuters) -German container shipper Hapag-Lloyd on Thursday posted net profit of 2.9 billion euros ($3.18 billion)…
August 10, 2023
China home appliance maker Midea studying potential HK listing
By Scott Murdoch (Reuters) – Chinese home appliance maker Midea Group said on Wednesday it is studying a potential listing…
Disney hikes streaming prices, focuses on costs as Iger moves to reassure investors
By Dawn Chmielewski (Reuters) -Walt Disney CEO Bob Iger acknowledged that the entertainment company faces a “challenging environment” in the…
China’s CellX pilots lab-grown meat production, eyes U.S. market
By Casey Hall SHANGHAI (Reuters) – In an unassuming industrial park on the outskirts of Shanghai, an unusual taste test…
Telefonica teams up with Elon Musk’s Starlink to connect remote customers
MADRID (Reuters) – Spanish telecoms operator Telefonica said it teamed up with billionaire Elon Musk’s satellite network operator Starlink to…
Indian cenbank seeks more rate transparency in floating rate retail loans
MUMBAI (Reuters) -The Reserve Bank of India (RBI) on Thursday said it will put in place a framework to ensure…
Texas Instruments plans up to $1 billion investment to expand Philippine facilities
MANILA (Reuters) – Analog chipmaker Texas Instruments is planning to invest up to $1 billion to expand its Philippine facilities,…
Poland plans to send up to 10,000 soldiers to border with Belarus
WARSAW (Reuters) – Poland is planning to move up to 10,000 additional troops to the border with Belarus to support…
Japan’s July core inflation likely slowed on weaker commodity prices: Reuters poll
By Kantaro Komiya TOKYO (Reuters) – Japan’s core inflation likely eased in July, according to a Reuters poll of analysts,…
Ecuador presidential candidate assassinated, one suspect dead – authorities
By Alexandra Valencia QUITO (Reuters) -Ecuador presidential candidate Fernando Villavicencio, a vocal critic of corruption and organized crime, was killed…