KKR offered to take on extra costs, staff to sweeten TIM bid-sources
(Reuters) – U.S. fund KKR has strived to structure its offer for the fixed line of Telecom Italia (BIT:TLIT) (TIM)…
Australia ‘hopeful’ on China wine breakthrough as deadline nears
(Reuters) – Australian Prime Minister Anthony Albanese said on Tuesday he remained “very hopeful of a breakthrough” in a trade…
Goldman Sachs lifts Europe Inc’s 2023 profit growth forecast to 3%
(Reuters) – Goldman Sachs said on Tuesday it expects earnings for companies in the pan-European STOXX 600 index to grow…
Dollar nudges higher as investors eye Powell speech, yen on intervention watch
(Reuters) – The U.S. dollar swayed in a tight range on Tuesday as traders took stock of developments in the…
Kenyan shilling hits record low against US dollar, impacting markets
On Tuesday, the Kenyan shilling fell to a historic low against the US dollar, with the Central Bank of Kenya…
Amazon to launch online shopping service in South Africa in 2024
(Reuters) – U.S. ecommerce firm Amazon (NASDAQ:AMZN) said on Tuesday it would launch its online shopping service in South Africa…
JPMorgan maintains a defensive stance amid rising geopolitical tensions
Analysts at JPMorgan suggest that investors should prioritize safety in light of increased geopolitical tensions fueled by conflicts in the…
Toyota extends partial production halt at two Japan plants to Wednesday
(Reuters) – Toyota Motor, the world’s biggest automaker by sales, will extend until Wednesday a partial production halt at two…
Tesla to recall nearly 55,000 Model X vehicles, auto regulator says
(Reuters) – The U.S. auto regulator on Tuesday said Tesla (NASDAQ:TSLA) will recall 54,676 Model X vehicles manufactured between 2021-2023,…
Netflix may hike prices after success of password-sharing crackdown
(Reuters) – Netflix’s crackdown on password-sharing likely boosted subscribers by about 6 million in the third quarter and the streaming…