Accel, Tiger Global Mull Exiting India’s Flipkart In $1.5 Billion Stake Sale – ET
(Reuters) -Private equity firms Accel and Tiger Global, two early backers of Indian e-commerce firm Flipkart, are in talks to…
2023
Asian Shares Scale Fresh 7-month High As Hong Kong Trade Resumes
By Ankur Banerjee SINGAPORE (Reuters) – Asian equities rose to a fresh seven-month high on Thursday, with Hong Kong shares…
Oil Edges Up As U.S. Crude Inventories Rise Less Than Expected
By Laila Kearney (Reuters) – Oil prices were up in early Asian trade on Thursday as U.S. crude stocks rose…
South Korea Vows Support For Exporters As Economy Shrinks
By Jihoon Lee and Choonsik Yoo SEOUL (Reuters) – South Korea’s government promised strong support for exporters after the country…
Biden Administration Officials Tout EVs At DC Auto Show
By David Shepardson WASHINGTON (Reuters) – Two senior Biden administration officials got behind the wheel of new electric vehicles (EV)…
Marketmind: Gloomy Economic Signals
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. South Korea and…
Stocks Slide As Corporate Results Spur Recession Feats
By Herbert Lash NEW YORK (Reuters) -A gauge of global equity markets slid from five-month highs on Wednesday as poor…
Analysis-Wall Street heavyweights warn of pain ahead despite market’s recent reprieve
By David Randall NEW YORK (Reuters) – Some of Wall Street’s biggest names are throwing cold water on expectations that…
Juul In Deal Talks With Three Tobacco Giants – WSJ
(Reuters) -E-cigarette maker Juul Labs Inc is in early talks with three tobacco giants for a potential sale, strategic investment,…
U.S. Crude Stocks Highest Since June 2021 As Fuel Demand Falls -EIA
By Laura Sanicola (Reuters) – U.S. crude inventories rose last week as demand for fuels tapered off, and while the…