News
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J&J Continues U.S. Investment With $2 Billion Commitment
Aug 21 (Reuters) - Johnson & Johnson JNJ.N:J&J: CONTINUES U.S. INVESTMENT WITH $2 BILLION COMMITMENTJ&J: $2 BILLION COMMITMENT TO FUJIFILM OVER NEXT 10 YEARS WILL EXPAND CO'S U.S. MANUFACTURING CAPACITYJ&J -TO EXPAND CO’S U.S. MANUFACTURING CAPACITY AND CREATE APPROXIMATELY 120 N...Reuters
Thu, Aug 21
Chinese data center operator VNET's Q2 revenue jumps 22.1%
OverviewVNET Q2 revenue rises 22.1% yr/yr, driven by 112.5% wholesale IDC growthAdjusted EBITDA increases 27.7% yr/yr, margin improves to 30.1%Co reports net loss due to higher interest and tax expensesOutlookCompany expects 2025 revenue between RMB9,150 mln and RMB9,350 mln, up 11% to 13% YoYVNET f...Reuters
Thu, Aug 21
KKR is lead bidder for Nissan $610 million headquarters sale, source says
TOKYO, Aug 21 (Reuters) - KKR KKR.N is the leading candidate to buy the Yokohama headquarters of automaker Nissan Motor 7201.T and has offered around 90 billion yen ($609.80 million), a source familiar with the matter said on Thursday.KJR Management, a real estate unit owned by KKR, submitted the hi...Reuters
Thu, Aug 21
Zelenskiy says he wants 'strong' US reaction if Putin not ready to meet
KYIV, Aug 21 (Reuters) - Ukrainian President Volodymyr Zelenskiy said Kyiv would like a "strong reaction" from Washington if Russian President Vladimir Putin was not willing to sit down for a bilateral meeting with him.U.S. President Donald Trump is seeking to broker peace between the two wa...Reuters
Thu, Aug 21
Russia orders state-backed app, WhatsApp rival, to be pre-installed on all phones and tablets
MOSCOW, Aug 21 (Reuters) - A Russian state-backed messenger application cast as a rival to WhatsApp which critics have said could be used for surveillance purposes must be pre-installed on all mobile phones and tablets from next month, the Russian government said on Thursday.The decision to promote ...Reuters
Thu, Aug 21
Tesla evacuates part of Germany plant after fire, HB reports
FRANKFURT, Aug 21 (Reuters) - Tesla has since Monday evacuated part of its plant in Germany after a fire broke out in a building processing battery packs, the Handelsblatt newspaper reported on Thursday, adding there were no injuries or environmental damage.Tesla was not immediately available for co...Reuters
Thu, Aug 21
Exxaro weighs bigger shareholder payouts after manganese acquisition
Aug 21 (Reuters) - South African miner Exxaro Resources EXXJ.J is considering boosting shareholder returns once it completes a deal announced in May to buy manganese assets as it will no longer require a big cash buffer to fund acquisitions, its CEO said on Thursday.The diversified resource company,...Reuters
Thu, Aug 21
European bond yields tick up as traders gear up for Jackson Hole
LONDON, Aug 21 (Reuters) - Euro zone bond yields inched higher on Thursday as markets gear up for the Federal Reserve's annual symposium in Jackson Hole and await Euro zone flash PMIs. German 10-year yields DE10YT=RR were up nearly 2 basis points at 2.73%, while rate-sensitive 2-year yields DE2Y...Reuters
Thu, Aug 21
Shoprite's Checkers trials high-tech shopping trolleys in South Africa
JOHANNESBURG, Aug 21 (Reuters) - Shoppers at Checkers supermarkets in South Africa could soon be cruising the aisles with "smart" trolleys that let them know how much money they are spending and include in-built payment terminals, the chain's owner Shoprite SHPJ.J said.Similar high-tech ...Reuters
Thu, Aug 21
Uganda says it has agreed with US to take people who may not qualify for asylum
By Elias Biryabarema KAMPALA, Aug 21 (Reuters) - Uganda has entered an agreement with the United States to take in nationals from third countries who may not get asylum in the U.S. but are reluctant to return to their countries of origin, the foreign affairs ministry said on Thursday.President Do...Reuters
Thu, Aug 21
Tennis-Coach Cahill confident Sinner will be fine ahead of US Open defence
Aug 21 (Reuters) - Darren Cahill has played down concerns about Jannik Sinner's health after he was forced to retire from the Cincinnati Open final, saying the world number one is recovering and they are confident he will be ready ahead of his U.S. Open defence.The 24-year-old Italian withdrew f...Reuters
Thu, Aug 21
Zelenskiy says Russian attack on US enterprise in Zakarpattia region injured 15 people
KYIV, Aug 21 (Reuters) - A Russian attack on an American civilian enterprise in Ukraine's Zakarpattia region injured 15 people, President Volodymyr Zelenskiy said on Thursday. "So far, there has been no signal from Moscow that they are really going to engage in meaningful negotiations and e...Reuters
Thu, Aug 21
Insurer Aegon doubles buyback amount as it mulls moving head office to US
Aegon mulls US relocation, decision expected in DecemberBuyback amount until end-2025 raised to 400 mln eurosOperating capital generation at 576 mln euros in first halfBy Mateusz Rabiega Aug 21 (Reuters) - Dutch insurer Aegon AEGN.AS on Thursday doubled the planned value of its ongoing share buyb...Reuters
Thu, Aug 21
Mitsubishi to recall over 91,000 US vehicles over rear hatch issues, NHTSA says
Aug 21 (Reuters) - Mitsubishi Motors 7211.T is recalling 91,697 Outlander and Outlander hybrid SUVs in the U.S. over risks of the rear hatch falling unexpectedly, the U.S. National Highway Traffic Safety Administration said on Thursday.Reuters
Thu, Aug 21
Uganda says it has deal with US to take individuals who may not qualify for asylum
KAMPALA, Aug 21 (Reuters) - Uganda has entered an agreement with the United States to take in nationals from third countries who may not get asylum in the U.S. but are reluctant to return to their countries of origin, the foreign affairs ministry said on Thursday."This is a temporary arrangement...Reuters
Thu, Aug 21
Mitsubishi Motors North America, Inc. Is Recalling 91,697 U.S. Vehicles - NHTSA
Aug 21 (Reuters) - Mitsubishi Motors Corp 7211.T:MITSUBISHI MOTORS NORTH AMERICA, INC. IS RECALLING 91,697 U.S. VEHICLES - NHTSAMITSUBISHI MOTORS NORTH AMERICA, INC. IS RECALLING SOME U.S. VEHICLES AS A GAS SPRING CYLINDER RUPTURE OR A LIFTGATE FALLING UNEXPECTEDLY CAN INCREASE THE RISK OF INJURY.- ...Reuters
Thu, Aug 21
Indonesia sovereign fund INA, Franklin Templeton sign MoU exploring potential fund establishment, investments
Aug 21 (Reuters) - Indonesia's sovereign wealth fund Indonesia Investment Authority and Multi-billion dollar fund manager Franklin Templeton said in a joint statement on Thursday:SIGN MOU EXPLORING POTENTIAL FUND ESTABLISHMENT AND JOINT INVESTMENTS IN INDONESIASource text: [ID:]Further company c...Reuters
Thu, Aug 21
Exclusive: Hiscox Syndicate 33 targets return to growth with 12% pre-emption for 2026
Syndicate 33 plans 12% stamp capacity increase for 2026Hiscox sees growth opportunities in reinsurance and London Market divisionsSyndicate 33 profits down 21.4% in 2024 amid adverse claimsBy Ryan HewlettAug 21 - (The Insurer) - Hiscox is targeting a preliminary stamp capacity increase of almost 12%...Reuters
Thu, Aug 21
Carlyle-backed Orion Breweries plans Tokyo listing on September 25, filing shows
TOKYO, Aug 21 (Reuters) - Carlyle Group-backed Japanese beer maker Orion Breweries plans to list on the Tokyo Stock Exchange on September 25 after raising about 16.7 billion yen ($113.26 million), a regulatory filing showed on Thursday.The initial public offering comes six years after Carlyle CG.O a...Reuters
Thu, Aug 21
