Ericsson Warns Likely To Be Fined Over Iraq Scandal, Reports Profit Slump
By Supantha Mukherjee STOCKHOLM (Reuters) -Swedish telecom provider Ericsson said on Thursday it would likely be fined by U.S. regulators…
Oil Prices Fall As Market Weighs Mixed Supply Signals
By Mohi Narayan NEW DELHI -Oil prices slipped on Thursday amid thin trading volumes ahead of a public holiday, as…
Uniqlo Operator Fast Retailing’s H1 Profit Rose 18% Despite China Slowdown
TOKYO (Reuters) – Clothing brand Uniqlo’s Japanese owner said on Thursday first-half operating profit climbed 18%, even as COVID-19 lockdowns…
Asian shares fall, trading muted with Good Friday holidays
TOKYO (AP) — Asian shares fell in muted trading as markets were closed for Good Friday and other holidays. Benchmarks…
Benettons, Blackstone Offer 23 Euros A Share In Atlantia Bid
MILAN (Reuters) -The holding company of Italy’s Benetton family and U.S. investment fund Blackstone will spend up to 12.7 billion…
Ericsson’s Earnings Miss On Software Contract Delay, Russia Provision
STOCKHOLM (Reuters) – Sweden’s Ericsson, under fire over its handling of a bribery investigation in Iraq, on Thursday reported a…
Exclusive-Russian Companies, Banks Could Reap Windfall From Depositary Receipt Delisting
By Sinead Cruise and Carolina Mandl WASHINGTON/NEW YORK (Reuters) – Russian companies and global banks including BNY Mellon, Deutsche Bank,…
South Korea Steps Up Inflation Fight With Surprise Rate Hike
By Cynthia Kim and Joori Roh SEOUL (Reuters) – South Korea’s central bank raised its benchmark rate to the highest…
China’s Anti-corruption Watchdog Involved In Probe Of Jack Ma’s Ant – Bloomberg News
(Reuters) – The Chinese Communist Party’s anti-corruption watchdog was among the agencies involved in a recent inquiry into links between…
Asian Shares Track Wall Street Higher As U.S. Yields Stabilise
By Stella Qiu and Alun John BEIJING (Reuters) – Asian shares tracked Wall Street higher on Thursday, while U.S. Treasury…