Grifols shares soar on possible sale of $1.5 billion stake in Shanghai RAAS
MADRID (Reuters) – Shares in Spanish pharmaceutical Grifols soared on Wednesday morning after it disclosed a plan to reduce its…
Business
Global investment banks rush to cut yuan forecasts
SHANGHAI (Reuters) – Global investment houses have rushed to downgrade forecasts for the Chinese yuan after it weakened past the…
Analysis-Diverging rates outlook has China’s yuan eying 2022 lows
By Winni Zhou, Tom Westbrook and Brenda Goh SHANGHAI/SINGAPORE (Reuters) – Bond markets are putting Chinese and global rates on…
Toyota wins over shareholders at AGM after questions on strategy, governance
TOKYO (Reuters) – Toyota shareholders backed the board and voted down the first resolution proposed in 18 years at an…
Retail and films drive modest growth in UK economy
By Andy Bruce LONDON (Reuters) – Retailers and the film industry helped Britain’s economy inch higher in April, despite contractions…
SAP co-founder Plattner intends to sell nearly 1.46 million shares
(Reuters) – Hasso Plattner, co-founder of German software firm SAP, concluded an agreement with a bank, which was not named,…
German econ ministry sees moderate economic recovery in 2023
BERLIN (Reuters) – The German Economy Ministry said on Wednesday it expects a moderate economic recovery over the further course…
EU’s Vestager to hold news conference, focus expected on Alphabet’s Google
BRUSSELS (Reuters) – EU antitrust chief Margrethe Vestager will hold a news conference on an antitrust case at 1045 GMT,…
Russia takes over another Western asset with Bosch plant deal
(Reuters) – Russian state entity NAMI said on Wednesday it had acquired a 100% stake in a factory producing anti-lock…
Australia’s central bank owes underpaid workers over $770,000
SYDNEY (Reuters) – Australia’s central bank will pay out just over A$1 million in back pay after an internal review…