52.83 F
New York
May 5, 2021

Consumer Non-Cyclicals (TRBC level 1)

China shares end higher as some IT firms pledge against anti-competition

Reuters
* SSEC 0.6%, CSI300 0.8% * HK->Shanghai Connect daily quota used 5.2%, Shanghai->HK daily quota used 0.7% * FTSE China A50 +0.5% BEIJING, April 14 (Reuters) – China shares rose on Wednesday, with IT firms leading the gains, as investors cheered internet platform companies pledging to avoid anti-competitive behaviours after......

Swiss luxury watchmakers learn to love the pre-owned market

Reuters
ZURICH, April 7 (Reuters) – Swiss luxury watch brands have long considered the market for pre-owned watches as a potential threat to their business, but now their view is shifting as they see it can provide valuable insights into pricing and demand. Initially seen as cannibalising sales of new watches,......

Egypt postpones tender for license to make cigarettes – sources

Reuters
A man smokes a Cleopatra cigarette, produced by Eastern Company SAE, at a cafe in Cairo, Egypt, on October 23, 2018. REUTERS/Mohamed Abd El Ghany/File Photo CAIRO (Reuters) – Egypt’s has postponed a tender for a licence to manufacture conventional and electronic cigarettes, two sources in companies selling tobacco there......

UPDATE 1-Flooding stops Australian coal rail deliveries to Newcastle port

Reuters
(Adds details of port, background) MELBOURNE, March 22 (Reuters) – Australia’s Hunter Valley coal rail lines have been shut due to flooding in the state of New South Wales, the Australian Rail Track Corp said on Monday, halting deliveries into the port of Newcastle, the world’s biggest coal export port.......

Top Toshiba shareholder gets support from CalPERS, Norway fund for probe

Reuters
TOKYO, March 15 (Reuters) – California Public Employees’ Retirement System (CalPERS) and Norges Bank Investment Management (NBIM) voted in favour of a proposal by a top Toshiba Corp shareholder for an independent probe into the Japanese conglomerate, according to voting records. Singapore-based Effissimo, which is Toshiba’s largest shareholder with a......

Danone board ousts Faber as chairman after activist pressure

Reuters
FILE PHOTO: Emmanuel Faber, chief executive officer of French food group Danone, poses before a news conference to present the company’s 2017 annual results in Paris, France, February 16, 2018. REUTERS/Pascal Rossignol/File Photo PARIS (Reuters) – The board of French food group Danone on Sunday voted to oust Emmanuel Faber......

‘A side of shares’: Deliveroo to offer 50 million pounds of stock to customers

Reuters
LONDON, March 7 (Reuters) – Deliveroo said shares worth 50 million pounds ($69 million) would be earmarked for customers in its upcoming flotation, with the offer branded “Great food with a side of shares”. The Amazon-backed food delivery firm announced plans on Thursday to list in London, with a potential......

Goldman’s consumer banking head Omer Ismail joins Walmart’s fintech venture- Bloomberg News

Reuters
Feb 28 (Reuters) – Goldman Sachs Group Inc’s consumer banking chief Omer Ismail is leaving to join Walmart Inc’s fintech venture, Bloomberg reported bloom.bg/3sGgEXn on Sunday citing people with the knowledge of his plans. David Stark, one of his top lieutenants at Goldman, will also join him, the report added.......

Glencore reinstates dividend as 2020 net debt drops

Reuters
JOHANNESBURG, Feb 16 (Reuters) – Glencore on Tuesday reinstated its dividend after net debt fell by 10% in its full-year 2020, helped by surging commodity prices in the second half The commodities trader and miner which scrapped its dividend in August last year after a first-half loss amid the COVID-19......

Toshiba’s Q3 profit doubles, extraordinary meeting set for March 18

Reuters
FILE PHOTO: The logo of Toshiba is seen as a shareholder arrives at Toshiba’s extraordinary shareholders meeting in Chiba, Japan March 30, 2017. REUTERS/Toru Hanai TOKYO (Reuters) – Toshiba Corp on Friday reported a 99.6% jump in third-quarter operating profit, boosted by strong demand for power management chips amid a......

Canada’s Couche-Tard drops Carrefour takeover plan, companies say

Reuters
Jan 16 (Reuters) – Canada’s Alimentation Couche-Tard and European retailer Carrefour SA, have decided to extend their discussions to examine opportunities for operational partnerships, after Couche-Tard dropped its bid to acquire Carrefour, the two companies said in a joint statement on Saturday. (Reporting by Ann Maria Shibu in Bengaluru Editing......

Foreign takeover of Carrefour a ‘major difficulty’ for govt, says Le Maire

Reuters
FILE PHOTO: Bruno Le Maire, French Minister of the Economy, Finance, and Recovery, wearing a protective face mask, leaves following the weekly cabinet meeting at the Elysee Palace in Paris, France, October 21, 2020. REUTERS/Gonzalo Fuentes PARIS (Reuters) – French Finance Minister Bruno Le Maire said a foreign company purchasing......

UPDATE 1-UK Stocks-Factors to watch on Jan. 7 – Reuters UK

Reuters
UPDATE 1-UK Stocks-Factors to watch on Jan. 7 Reuters UK Source – For more click here To Return to the Main Aggregate News Page – click here Break’n Pics – Click here for Free Stock Photos...

PM Johnson says: the state will need to lead – Telegraph

Reuters
FILE PHOTO: Britain’s Prime Minister Boris Johnson arrives to a news conference announcing tightening of COVID-19 tiers, at Downing Street in London, Britain December 30, 2020. Heathcliff O’Malley/Pool via REUTERS LONDON (Reuters) – British Prime Minister Boris Johnson said on Thursday that in the post-COVID-19 future the state would need......

China says EU investment deal gives legally binding market access commitments

Reuters
European Commission President Ursula von der Leyen, European Council President Charles Michel, German Chancellor Angela Merkel, French President Emmanuel Macron and Chinese President Xi Jinping are seen on a screen during a video conference, in Brussels, Belgium December 30, 2020. REUTERS/Johanna Geron/Pool BEIJING (Reuters) – China and the EU have......

Hong Kong stocks end down as techs weigh

Reuters
* HK->Shanghai Connect daily quota used 0.6%, Shanghai->HK daily quota used 9.2% * HSI -0.3%, HSCE -1.1%, CSI300 +0.4% * FTSE China A50 +1.1% Dec 28 (Reuters) – Hong Kong stocks declined on Monday, dragged down by tech firms, amid regulatory concerns after China’s central bank called for an overhaul......

Drugmakers agree to halve prices to get on China state insurance list

Reuters
FILE PHOTO: Pharmaceutical tablets and capsules are arranged on a table in a photo illustration shot September 18, 2013. REUTERS/Srdjan Zivulovic/Illustration/File Photo BEIJING (Reuters) – Drugmakers have agreed to cut prices by around 50% on average for more than 100 medicines in order to have them included in China’s state......

Britain to begin testing truck drivers to reopen France border

Reuters
FILE PHOTO: A Hungarian truck driver adjusts a satellite dish for viewing television on the front of his lorry whilst he waits at Ashford International Truck Stop, as EU countries impose a travel ban from the UK following the coronavirus disease (COVID-19) outbreak, in Ashford, Britain, December 21, 2020. REUTERS/Toby......

Britain’s fishing proposals unacceptable for France, minister says

Reuters
FILE PHOTO: France’s Europe minister, Clement Beaune, wearing a protective face mask, leaves following a weekly Cabinet meeting at the Elysee Palace in Paris, France, July 29, 2020. REUTERS/Benoit Tessier/File Photo PARIS (Reuters) – Major hurdles remain over fishing in the Brexit talks and Britain’s proposals are so far unacceptable......

British PM Johnson says Brexit is ‘very tricky’, ‘very difficult’

Reuters
FILE PHOTO: Britain’s Prime Minister Boris Johnson speaks during a news conference on the ongoing situation with the coronavirus disease (COVID-19), at Downing Street in London, Britain December 2, 2020. REUTERS/John Sibley/Pool LONDON (Reuters) – British Prime Minister Boris Johnson said on Tuesday that Brexit talks were “very tricky” and......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More