News
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RPT-ANALYSIS- Zurich's Beazley bid sets the stage for more insurance deals
Beazley deal will boost Zurich's Lloyd's market presencePotential targets include Hiscox, Lancashire, and Conduit HoldingsJapanese and European insurers eye growth in specialty linesBy Charlie Conchie, Amy-Jo Crowley and Jemima Denham LONDON, Feb 5 (Reuters) - Zurich Insurance's bid ...Reuters
Fri, Feb 6
PRESS DIGEST- New York Times business news - February 6
Feb 6 (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.- U.S. President Donald Trump announced the debut of a website, TrumpRx.gov, on Thursday night to help Americans use their own money ...Reuters
Fri, Feb 6
PRESS DIGEST -Wall Street Journal - February 6
Feb 6 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- A roughly $1 billion initial public offering by Malaysia's Sunway Healthcare IPO-SUNA.KL is drawing interest from high-profile investors ...Reuters
Fri, Feb 6
Cricket-T20 World Cup 2026: dates, past winners and prize money
Feb 6 (Reuters) - Tournament co-hosts India will be out to defend their Twenty20 World Cup title in familiar home conditions when the 20-team tournament gets underway on Saturday.Here is an outline of the schedule, venues and prize money for the tournament in India and Sri Lanka, as well as a list o...Reuters
Fri, Feb 6
EXCLUSIVE-Intel, AMD notify customers in China of lengthy waits for CPUs
Intel warns of delivery lead times of up to six months for some CPUs, sources sayIntel server products in China now cost '10% more generally', source saysDelivery lead times for some AMD products now up to 10 weeks, source says BEIJING, Feb 6 (Reuters) - Intel INTC.O and AMD AMD.O have n...Reuters
Fri, Feb 6
South Africa's trade minister signs economic partnership agreement on China visit
JOHANNESBURG, Feb 6 (Reuters) - South Africa's trade minister Parks Tau signed a framework economic partnership agreement on a visit to China, a step towards securing duty-free access to the Chinese market for South African exports, Tau's office said in a statement.Reuters
Fri, Feb 6
Toyota raises full-year operating profit outlook by 11.8%
Feb 6 (Reuters) - Toyota Motor 7203.T raised its full-year operating profit forecast on Friday, as it expects a weak yen and cost reduction efforts to lift its results.The world's biggest automaker now expects operating profit of 3.8 trillion yen ($24.26 billion) for the year to the end of March...Reuters
Fri, Feb 6
Pardoned January 6 rioter pleads guilty to threatening US Democratic leader Jeffries
By Kanishka Singh WASHINGTON, Feb 5 (Reuters) - A January 6, 2021, rioter, who was pardoned by President Donald Trump, pleaded guilty to a harassment charge after being accused of threatening to kill U.S. House of Representatives Minority Leader Hakeem Jeffries, prosecutors said on Thursday.Chris...Reuters
Fri, Feb 6
Iran, US to negotiate in Oman amid deep rifts and mounting war fears
Iran wants Friday's negotiations to focus on the nuclear issuesU.S. concerned over Iran's missiles, support for proxies Washington has significant naval buildup in the regionTalks follow bloody government crackdown on protesters in IranBy Parisa Hafezi, Steve Holland and Humeyra Pamuk DUB...Reuters
Fri, Feb 6
Japan's biggest banks ready to increase JGB holdings despite growing losses
MUFG and SMFG flag rebuilding of JGB portfolio at higher yieldsIn recent years, megabanks have stuck to short-duration JGBs Analysts revise up banks' future earnings estimatesBy Anton Bridge TOKYO, Feb 6 (Reuters) - Japan's two largest banks say they are set to increase their holdings of ...Reuters
Fri, Feb 6
FACTBOX-Australia's largest takeover bids that never made it across the line
Feb 6 (Reuters) - Merger talks between Rio Tinto RIO.AX and Glencore GLEN.L collapsed after the two sides failed to bridge differences over valuation, ending months of negotiations over a tie-up that would have created the world's largest mining company with a market value exceeding $200 bil...Reuters
Fri, Feb 6
RPT-Hong Kong media tycoon Jimmy Lai to be sentenced on February 9
By Jessie Pang and James Pomfret HONG KONG, Feb 6(Reuters) - Hong Kong's judiciary said on their website that media tycoon Jimmy Lai would be sentenced on February 9, in a closely watched national security trial that has drawn international criticism including from the United States and Brita...Reuters
Fri, Feb 6
Taiwan teams with US firm Kratos to build attack drones to counter China
TAIPEI, Feb 6 (Reuters) - U.S.-based Kratos Defense KTOS.O and Taiwan's military have successfully tested a new jet-powered attack drone, a move aimed at rapidly boosting the island's ability to field "large numbers" of low-cost drone amid a rising Chinese threat. In a recent test ca...Reuters
Fri, Feb 6
US military says it killed two people in strike on suspected drug vessel in Eastern Pacific
Feb 5 (Reuters) - The U.S. military said it killed two people in a strike on a suspected drug vessel in the Eastern Pacific on Thursday."Intelligence confirmed the vessel was transiting along known narco-trafficking routes in the Eastern Pacific and was engaged in narco-trafficking operations,&#...Reuters
Fri, Feb 6
BREAKINGVIEWS-BYD-led $100 bln EV stock slump goes too far
By Katrina HamlinHONG KONG, Feb 6 (Reuters Breakingviews) - China's electric-car makers are taking too much of a beating. Shares in companies from Nio 9866.HK to Xpeng 9868.HK fell yet further this week after BYD 002594.SZ, which recently displaced Elon Musk's Tesla TSLA.O as the world's...Reuters
Fri, Feb 6
Former Bank of China Vice President Lin Jingzhen expelled from Communist Party, Xinhua says
BEIJING, Feb 6 (Reuters) - Former Bank of China 601988.SS, 3988.HK Vice President Lin Jingzhen has been expelled from the Communist Party for serious violation of discipline and law, state media Xinhua reported on Friday.The charge is widely regarded as a euphemism for corruption.Lin retired from hi...Reuters
Fri, Feb 6
JGB yields fall as traders bet Takaichi election win to limit fiscal risks
By Kevin Buckland TOKYO, Feb 6 (Reuters) - Japanese government bond (JGB) yields fell on Friday, led by the longest-dated debt, with investors optimistic that a likely landslide win for the coalition government in Sunday's snap election will temper any expansion of fiscal stimulus.Yields were...Reuters
Fri, Feb 6
