Big Tobacco faces big EU counterfeit problem
By Richa Naidu, Emma Pinedo and Emilio Parodi MADRID (Reuters) – Spanish police raided three clandestine tobacco factories early this…
Business
Apollo, Bain, possible bidders for Fujitsu’s $2.7 billion stake in Shinko – Bloomberg News
(Reuters) – Fujitsu Ltd’s controlling stake in Shinko Electric Industries Co has attracted interests from Apollo Global Management Inc and…
Modi’s chip making plan flounders as firms struggle to find tech partners
By Munsif Vengattil, Aditya Kalra and Jane Lanhee Lee NEW DELHI/OAKLAND, California (Reuters) -Big companies including a Foxconn joint venture…
India’s May factory activity grows at fastest pace since Oct 2020
By Anant Chandak BENGALURU (Reuters) – India’s factory output expanded at the quickest pace since October 2020 last month thanks…
Marketmind: Plotting policy paths for Europe and the US
A look at the day ahead in European and global markets from Kevin Buckland It’s a volatile time for central…
Analysis-US corporate debt binge could be hard to sustain
By Shankar Ramakrishnan, Matt Tracy and Laura Matthews NEW YORK (Reuters) – Large U.S. companies have been on a bond…
IMF urges BOJ to keep ultra-low rates, but be ready to shift course
By Leika Kihara TOKYO (Reuters) – The Bank of Japan must keep monetary policy ultra-loose as it will take time…
Tennis-Federer serves up directions as latest voice on Waze navigation app
(Reuters) – After a career spent navigating the toughest opponents on the court, 20-times major winner Roger Federer will now…
Bank of America says healthy consumers will buoy retail unit in 2nd qtr
By Lananh Nguyen, Saeed Azhar and Nupur Anand NEW YORK (Reuters) -Bank of America Corp expects good performance for its…
China’s factory activity swings to surprise growth in May – Caixin PMI
BEIJING (Reuters) -China’s factory activity unexpectedly swung to growth in May from decline, a private sector survey showed on Thursday,…