Philip Morris Bids $16 Billion For Swedish Match In Quest For Alternatives To Cigarettes
STOCKHOLM (Reuters) -Marlboro-maker Philip Morris International Inc (PMI) said on Wednesday it was making a recommended cash offer to buy…
Panasonic Keeps Profit Outlook Flat Amid Price Rises, Component Shortages
TOKYO (Reuters) – Panasonic Corp on Wednesday said it expects operating profit growth to be flat this business year as…
Asian shares track technology-led sell-off on Wall Street
Shares fell in Asia on Thursday after the release of worse inflation data than expected sparked heavy selling of technology…
Japan’s Takeda Forecasts Rebound Despite Full-year Profit Drop
TOKYO (Reuters) -Japan’s Takeda Pharmaceutical Co said on Wednesday its 12-month operating profit slid 9.5%, although the country’s largest drugmaker…
US inflation dips from 4-decade high but still causing pain
WASHINGTON (AP) — Inflation eased slightly in April after months of relentless increases but remained near a four-decade high, making…
Tesla Makes First Shipment Of Cars From Reopened Shanghai Plant – Media
(Fixes paragraph 2 spelling of Glovis Splendor) SHANGHAI (Reuters) -Tesla Inc sent out a shipment of 4,767 cars from its…
Does The Cryptocurrency Crash Pose A Threat To The Financial System?
By Hannah Lang WASHINGTON (Reuters) – On Tuesday, bitcoin fell briefly below $30,000 for the first time in 10 months,…
Toyota Warns Annual Profit To Skid 20% On Materials, Logistics Costs
By Satoshi Sugiyama TOKYO (Reuters) -Toyota Motor Corp warned that operating earnings this year could slump by a fifth “due…
Vietnam’s Vinfast IPO May Be Delayed To 2023 On Market Uncertainty
HANOI (Reuters) – The chairman of Vietnam’s Vingroup conglomerate said on Wednesday that an initial public offering (IPO) for the…
Vietnam’s Vinfast IPO May Be Pushed Back To 2023 On Market Uncertainty – Executive
HANOI (Reuters) – The chairman of Vietnam’s Vingroup conglomerate said on Wednesday that an initial public offering (IPO) for the…