South Korea’s POSCO plans $93 billion of investment by 2030
SEOUL (Reuters) – South Korean steelmaking and materials conglomerate POSCO Group, headed by POSCO Holdings, said on Monday it plans…
Business
Australia’s United Malt agrees to $1 billion takeover offer from France’s InVivo
By Harish Sridharan and Sybille de La Hamaide (Reuters) -United Malt Group Ltd said on Monday it agreed to a…
PwC Australia sacks eight partners over tax leak scandal
By Lewis Jackson SYDNEY (Reuters) -PwC Australia has fired eight partners as part of an internal investigation into the leak…
Australian firm sues Twitter for $665,000 for not paying bills
SYDNEY (Reuters) – An Australian project management firm has filed a lawsuit against Twitter Inc in a U.S. court seeking…
China’s June factory activity slows as conditions weaken – Caixin PMI
BEIJING (Reuters) – China’s factory activity growth slowed in June, a private sector survey showed on Monday, with sentiment waning…
UK factory downturn deepens in June despite lower costs: PMI
By Andy Bruce LONDON (Reuters) – The pace of decline in Britain’s manufacturing sector steepened in June and optimism faded…
Australia’s BNPL firm Zip to streamline cost and operations – official
(Corrects attribution in paragraph 5 to Zip’s ANZ CEO from Director for investor relations) (Reuters) -Australian buy-now-pay-later firm Zip Co…
UBS aims to avoid using $10 billion Credit Suisse backstop amid backlash -FT
(Reuters) -UBS Group AG is aiming to avoid using a $10 billion backstop for Credit Suisse amid a backlash, the…
Euro zone factory downturn deepened in June as ECB hikes bite-PMI
LONDON (Reuters) – Euro zone manufacturing activity contracted faster than initially thought in June as persistent policy tightening by the…
German manufacturing shrinks in June as demand weakens-PMI
BERLIN (Reuters) – Germany’s manufacturing sector contracted at the fastest rate in more than three years in June, with both…