News
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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
3 minutes ago
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
7 minutes ago
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
8 minutes ago
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
8 minutes ago
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
10 minutes ago
Delivery Hero sells Taiwan food delivery business for $600 million
March 23 (Reuters) - Delivery Hero DHER.DE has agreed to sell 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.The company ...Reuters
11 minutes ago
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
21 minutes ago
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
22 minutes ago
Air Canada jet hits fire truck upon landing, closing New York's LaGuardia airport
NBC reports four people injured, including plane's pilotsLaGuardia airport closed until 2 p.m. ET on Monday, FAA saysPhotos taken after accident show damage to plane's noseBy Gursimran Mehar and Bing GuanNEW YORK, March 23 (Reuters) - An Air Canada AC.TO Express regional jet with about 76 p...Reuters
25 minutes ago
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
29 minutes ago
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
30 minutes ago
London Jewish community ambulances set ablaze in suspected hate crime, police say
By Isabel Infantes and Hannah McKay LONDON, March 23 (Reuters) - Four ambulances belonging to a Jewish community organisation in north London were set ablaze overnight in a suspected antisemitic hate crime, police said on Monday,"An investigation has been launched after four ambulances belong...Reuters
38 minutes ago
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
47 minutes ago
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
an hour ago
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
an hour ago
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
an hour ago
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
an hour ago
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
2 hours ago
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
2 hours ago
