SoftBank Vision Fund Loses $32 Billion on Weak Startup Values
SoftBank Group Corp.’s Vision Fund unit reported a record annual loss after a recent global stock market rebound
1970-01-01 08:00
Germany's Merck flags decline in operating profit of up to 10% in 2023
By Ludwig Burger FRANKFURT Germany's Merck KGaA on Thursday warned that adjusted operating earnings could decline by as
1970-01-01 08:00
Thyssenkrupp raises cash flow outlook after Q2 loss
FRANKFURT Thyssenkrupp on Thursday raised the outlook for its closely watched free cash flow before mergers and acquisitions,
1970-01-01 08:00
Lithium miners surge as Allkem-Livent tie up fuels M&A hopes
By Melanie Burton MELBOURNE (Reuters) -Shares in Australian-listed lithium miners jumped on Thursday after a $10.6 billion merger in the
1970-01-01 08:00
Global companies warn of slower-than-expected recovery in China
China's first few months of reopening to the world hasn't gone as planned for global businesses.
1970-01-01 08:00
China's deflation worries deepen as consumer prices grow only 0.1% in April
Deflationary pressure in China is worsening as consumer prices increased at the slowest pace in two years, suggesting weakness in domestic demand and a long road ahead to full economic recovery.
1970-01-01 08:00
Abu Dhabi Family Plans Middle East’s Second SPAC Listing
An investment firm backed by Abu Dhabi’s Al Maskari family is planning to list a blank-check firm in
1970-01-01 08:00
Marketmind: US debt drama crashes Japan's G7 party
A look at the day ahead in European and global markets from Kevin Buckland. U.S. Treasury Secretary Janet Yellen is
1970-01-01 08:00
Head of New Lithium Giant Building Supply Chain for Americas
The soon-to-be chief executive of what will become the world’s third-biggest lithium producer says the new company will
1970-01-01 08:00
Lower Tokyo Office Vacancies Give Relief to Market After Covid
Tokyo’s office vacancy rate fell in April, offering temporary relief to landlords as cities around the globe struggle
1970-01-01 08:00
South Korea think tank cuts 2023 growth forecast due to poor exports
SEOUL South Korea's top government research body has cut its economic growth forecast for this year to 1.5%
1970-01-01 08:00
Pakistan Rupee Slides to Record Low as Khan Kept in Custody
Pakistan’s rupee slumped to a record low as clashes broke out in the country following a court order
1970-01-01 08:00