Nippon Steel to sell $211 million in assets to manage debt amid U.S. Steel deal
TOKYO (Reuters) – Nippon Steel plans to sell at least 30 billion yen ($211 million) in assets in this fiscal year to manage its debt, the Nikkei quoted its vice…
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India stocks higher at close of trade; Nifty 50 up 1.48%
Investing.com – India stocks were higher after the close on Friday, as gains in the Real Estate, Capital Goods and Auto sectors led shares higher. At the close in NSE,…
Italy sending another anti-missile system to Ukraine, says Foreign Minister
ROME (Reuters) – Italy is about to send another Samp-T anti-missile system to Ukraine, Foreign Minister Antonio Tajani said on Thursday, underlining the need, however, to avoid entering war with Russia. “We…
US stock index futures consolidate after strong gains; FedEx slides
Investing.com– U.S. stock index futures traded in a muted fashion Friday, consolidating after a rally in technology stocks powered Wall Street to record highs, hit by weaker-than-expected earnings from delivery…
Analysis-Brazil’s online gambling craze may be hitting consumer spending
By Lisandra Paraguassu and Anthony Boadle BRASILIA (Reuters) – Soccer-mad Brazilians have fallen hard for online sports betting, yielding a boom of interest from foreign gambling companies that may boost…
GM to recall over 449,000 pickup trucks, SUVs in US
(Reuters) -General Motors is recalling 449,671 pickup trucks and SUVs in the U.S. due to inoperative low brake fluid warning, the U.S. National Highway Traffic Safety Administration said on Friday.…
Sanofi says tolebrutinib drug delayed progressive MS by 31%
FRANKFURT (Reuters) – Sanofi (NASDAQ:SNY) said on Friday that its multiple sclerosis drug candidate was shown to delay worsening of a progressive form of the disease by 31%, as the…
Nike’s new CEO may look to fix retailer ties in sales revival push
By Juveria Tabassum (Reuters) – Nike (NYSE:NKE)’s new CEO will likely focus on repairing relations with retailers to boost demand, a strategy that took a back seat under outgoing chief…
Weak Chinese demand likely weighing on luxury sector in second half – Jefferies
Investing.com — Weak consumer demand in China, slower spending by travellers, and an uncertain US economic outlook have likely been key headwinds facing the luxury sector in the second half…
Analog Devices, Tata Group in talks to make semiconductors in India
BENGALURU (Reuters) – Analog Devices (NASDAQ:ADI) and Indian salt-to-aviation conglomerate Tata Group have signed a pact to explore making semiconductor products in India, the U.S. chipmaker said on Wednesday. Tata…