Finance

Three groups eyeing bids for Sapporo’s $2.7 billion property business, sources say

Three groups eyeing bids for Sapporo’s $2.7 billion property business, sources say

By Miho Uranaka and Kane Wu TOKYO/HONG KONG (Reuters) -Three groups including Bain Capital and KKR are preparing to bid for Sapporo Holdings’ real estate business, according to two sources f...

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Nasdaq Nordic resumes trading after glitch prompts order cancellations

Nasdaq Nordic resumes trading after glitch prompts order cancellations

MILAN (Reuters) -Trading on the Nasdaq Nordic platform resumed as normal on Wednesday, a day after a technical glitch disrupted equity order data and led to the cancellation of trades. The issue ...

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Euro bulls wince as US-EU trade deal slams the brakes on rally

Euro bulls wince as US-EU trade deal slams the brakes on rally

By Alun John, Yoruk Bahceli and Nell Mackenzie LONDON (Reuters) -Euro bulls are facing the first big test of their conviction in the form of the European Union’s U.S. trade deal, which has ...

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Panasonic’s battery unit profit grows 47% y/y in Q1 on AI boom

Panasonic’s battery unit profit grows 47% y/y in Q1 on AI boom

TOKYO (Reuters) -Panasonic on Wednesday said operating profit at its battery-making energy unit grew strongly in the first quarter due to the AI investment boom, offsetting negative impacts from U...

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China’s top leaders vow to better manage capacity in key industries, state media reports

China’s top leaders vow to better manage capacity in key industries, state media reports

BEIJING (Reuters) -China’s top leaders pledged to manage disorderly competition among enterprises and improve capacity management in key industries in the second half of this year, state me...

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Rio Tinto posts smallest first-half profit in five years

Rio Tinto posts smallest first-half profit in five years

(Reuters) -Rio Tinto reported its smallest first-half underlying profit in five years on Wednesday, as iron ore prices remained subdued due to oversupply concerns and soft China demand, offsettin...

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