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Public Policy Holding Company Says Acquisition Expected To Be Immediately Earnings Accretive
March 23 (Reuters) - Public Policy Holding Company Inc PPHC.L:PUBLIC POLICY HLDG - ACQUISITION OF WPI STRATEGYPUBLIC POLICY HOLDING COMPANY INC - ACQUISITION EXPECTED TO BE IMMEDIATELY EARNINGS ACCRETIVEReuters
Mon, Mar 23
Tokio Marine to form strategic partnership with Berkshire Hathaway, initially sell 2.49% stake
TOKYO, March 23 (Reuters) - Tokio Marine Holdings Inc 8766.T said on Monday it would form a strategic partnership with Warren Buffett's Berkshire Hathaway BRKa.N by initially selling a 2.49% stake through a third-party allotment of treasury shares.The insurer said it would use the proceeds of u...Reuters
Mon, Mar 23
Italy's Poste moves to expand activities with Telecom Italia bid
MILAN, March 23 (Reuters) - Italian state‑controlled conglomerate Poste Italiane PST.MI moved to further expand its many businesses by acquiring Telecom Italia (TIM) TLIT.MI through a 10.8 billion euro ($12.5 billion) cash‑and‑share bid for the former phone monopoly.Poste, which is two-third owned b...Reuters
Mon, Mar 23
PRESS DIGEST-New York Times business news - March 23
March 23 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - An Air Canada AC.TO Express regional jet with 76 people onboard collided with a ground fire truck upon landing at New York&...Reuters
Mon, Mar 23
Anglo American to delist from Swiss Exchange in June
March 23 (Reuters) - Mining company Anglo American AAL.L said on Monday it would delist from the SIX Swiss Exchange on June 26, ahead of the completion of its $53 billion merger with Teck Resources TECKb.TO .Following completion of the merger, Anglo American plans to maintain its primary London list...Reuters
Mon, Mar 23
Chinese commerce minister meets Volkswagen, Bosch heads
BEIJING, March 23 (Reuters) - China's Commerce Minister Wang Wentao met with heads of German companies Volkswagen Group and Bosch on Sunday to discuss opportunities and challenges in economic and trade relations between China and the European Union.Wang emphasised the need to "properly resol...Reuters
Mon, Mar 23
Finnair picks Embraer instead of Airbus for its narrow-body fleet renewal
By Anne Kauranen HELSINKI, March 23 (Reuters) - Finnair FIA1S.HE said on Monday it will renew its European fleet with an order for 18 E195-E2 narrow-body aircraft from Brazilian manufacturer Embraer EMBJ3.SA, moving away from its current provider Airbus BA.N. Finnair's choice deals a further ...Reuters
Mon, Mar 23
Tokio Marine Holdings - Announcement Of Strategic Partnership With Berkshire Hathaway Group
March 23 (Reuters) - Tokio Marine Holdings Inc 8766.T:ANNOUNCEMENT OF STRATEGIC PARTNERSHIP WITH BERKSHIRE HATHAWAY GROUPTHE TWO COMPANIES WILL COLLABORATE ON GLOBAL STRATEGIC INVESTMENT OPPORTUNITIES, INCLUDING M&A, EXECUTING JOINT INVESTMENTS TO DRIVE SUSTAINED BUSINESS EXPANSIONTO SELL 48,20...Reuters
Mon, Mar 23
Delivery Hero sells Taiwan branch for $600 million
March 23 (Reuters) - Delivery Hero DHER.DE has sold its food delivery business in Taiwan to Grab Holdings GRAB.O for $600 million, the German online takeaway food company said on Monday.Delivery Hero will use the proceeds from the deal to repay its debt, it said in a statement.Reuters
Mon, Mar 23
Oryzon Announces US Patent Grant Covering Iadademstat Combinations For AML
March 23 (Reuters) - Oryzon Genomics SA ORY.MC:ANNOUNCES U.S. PATENT GRANT COVERING IADADEMSTAT COMBINATIONS WITH VENETOCLAXKEY COMBINATION FOR THE TREATMENT OF FIRST-LINE ACUTE MYELOID LEUKEMIA (AML)PATENT EXPECTED TO EXPIRE IN JAN 2039Source text: https://tinyurl.com/yb5rkhfjReuters
Mon, Mar 23
STMicroelectronics China-Manufactured STM32 Microcontrollers Begin Volume Production
March 23 (Reuters) - STMicroelectronics NV STMPA.PA:STMICROELECTRONICS CHINA-MANUFACTURED STM32 MICROCONTROLLERS BEGIN VOLUME PRODUCTIONSTM32H5 SERIES MASS PRODUCTION PLANNED BY END 2026ESTABLISHES DUAL SUPPLY CHAIN FOR 40NM MCUSSTM32 MCU LOCALIZATION STARTS WITH STM32H7, TO EXPAND TO STM32H5 AND ST...Reuters
Mon, Mar 23
STMicro starts STM32 microcontroller deliveries in China
March 23 (Reuters) - STMicroelectronics STMPA.PA has started delivering its STM32 wafers to customers in China in collaboration with domestic producer Huahong, the European semiconductor giant said on Monday.STMicro said the first batch of the microcontrollers was fully produced in China and the new...Reuters
Mon, Mar 23
Ping An investment arm questions US allocation
HONG KONG, March 23 (Reuters) - Insurer Ping An's 601318.SS, 2318.HK international arm is questioning further U.S. investments, its CEO said, citing the country's unreliability. "The key question for me to consider is ... how much and whether you continue to deploy capital into the U.S. ...Reuters
Mon, Mar 23
VinFast fourth-quarter loss widens, aims to restart US plant construction
VinFast delivered 86,557 EVs in Q4, 127% increase from Q3VinFast to launch first REEV models in 2027 in VietnamTwo-wheeler shipments surged 450% annually on petrol bike banVinFast to resume North Carolina plant constructionBy Phuong Nguyen and Zaheer Kachwala March 16 (Reuters) - Vietnamese elect...Reuters
Mon, Mar 23
US Treasury yields rise as escalating Iran war fans inflation fears
SINGAPORE, March 23 (Reuters) - U.S. Treasury yields hit multi-month highs on Monday as the escalating war in the Middle East kept oil prices elevated and intensified investor worries about its impact on inflation.The benchmark 10-year yield US10YT=RR rose to an eight-month peak of 4.4150% early inReuters
Mon, Mar 23
Some U.S. car buyers envy what they cannot have - affordable Chinese EVs
Survey shows 40% of US consumers support Chinese auto importsPolitical opposition in U.S. remains strongAverage cost of new autos in the U.S. nears $50,000By Nora Eckert DETROIT, March 23 (Reuters) - Sooren Moosavy wants to buy an affordable electric car in the U.S., motivated by environmental co...Reuters
Mon, Mar 23
What does it mean for 2027? Five takeaways from local French elections
PARIS, March 23 (Reuters) - France held the runoff of mayoral elections on Sunday, and although the results of local contests do not always offer a reliable preview of national elections, the vote provided a snapshot of the political mood on the ground.Here are five takeaways from the ballot, which ...Reuters
Mon, Mar 23
India Coca‑Cola bottler SLMG says Middle East war risks pushing up prices
SLMG weighs selective price raisesCoca-Cola bottler plans new plantsTargets growth in Uttar Pradesh, BiharBy Praveen Paramasivam March 23 (Reuters) - SLMG Beverages, Coca‑Cola's KO.N largest bottler in India, could raise some of its prices if rising packaging costs linked to the war in th...Reuters
Mon, Mar 23
Adnoc Gas Says Operations Are Continuing Safely Across Adnoc Gas's Asset Base
March 23 (Reuters) - ADNOC GAS ADNOCGAS.AD:OPERATIONS ARE CONTINUING SAFELY ACROSS ADNOC GAS PLC’S ASSET BASEFOLLOWING DEBRIS FALLING NEAR CERTAIN FACILITIES, INSPECTIONS CONFIRMED NO INJURIES AND NO IMPACT TO CORE PROCESSING INTEGRITYMADE TEMPORARY OPERATIONAL ADJUSTMENTS TO PRODUCTION OF LNG AND E...Reuters
Mon, Mar 23
