Japan’s Mitsubishi UFJ To Buy Two Asia Units Of Home Credit For $620 Million -source
By Makiko Yamazaki TOKYO (Reuters) -Japan’s Mitsubishi UFJ Financial Group Inc plans to buy the Philippines and Indonesian units of…
Reuters
Russia Revives Soviet-era Moskvich Brand With Chinese Design
By Gleb Stolyarov and Alexander Marrow MOSCOW (Reuters) -After a two-decade hiatus, Russia on Wednesday launched production of the Moskvich…
Deere Profit Surges 75% On Pricing Boost
(Reuters) – Deere & Co reported a 75% jump in quarterly profit on Wednesday as limited supply of its tractors,…
Credit Suisse Flags Hefty Loss As Rich Clients Leave
By John Revill ZURICH (Reuters) -Credit Suisse expects a pre-tax loss of up to 1.5 billion Swiss francs ($1.58 billion)…
Xiaomi Q3 Revenue Falls 9.7% Year-on-year, Net Income Down 59.1%
SHANGHAI (Reuters) – Chinese smartphone maker Xiaomi Corp on Wednesday reported quarterly revenue of 70.17 billion yuan, a 9.7% fall…
Huge Foxconn IPhone Plant In China Rocked By Fresh Worker Unrest
By Brenda Goh and Yimou Lee SHANGHAI/TAIPEI (Reuters) -Hundreds of workers joined protests at Foxconn’s flagship iPhone plant in China,…
Volkswagen Reaches Wage Deal With German Union
By Jan Schwartz HAMBURG (Reuters) -Metalworking union IG Metall said it had struck a wage deal with Volkswagen for the…
Credit Suisse Expects Q4 Pre Tax Loss Of Around 1.5 Billion Sfr
ZURICH (Reuters) -Credit Suisse expects to make a pre tax loss of up to 1.5 billion Swiss francs ($1.58 billion)…
Asia Shares Gain Despite Rising China COVID Cases
By Scott Murdoch SYDNEY (Reuters) – Asian share markets mostly rose on Wednesday but oil and the dollar slipped as…
European, U.S. Demand Have Become Key Drivers Of Metal Prices-Trafigura Chief
SINGAPORE (Reuters) -Demand from Europe and the United States has become a key driver of global metal prices, along with…