Notizia

Blackstone Inc, the world's largest alternative asset manager, posted an 86% surge in its second-quarter distributable earnings on Thursday driven by strong asset sales despite a drop in the value of most of its funds amid a market downturn.

Opdenergy is expected to price its initial public offering (IPO) at 4.75 euros per share, the bottom of its indicated range, which would value the Spanish renewable energy firm at 703 million euros ($716 million), one of the joint bookrunners said on Thursday.

The expected price of new shares to be issued by Spanish renewable energy company Opdenergy is 4.75 euros, at the bottom of the indicated range, the bookrunner said on Thursday.

SEOUL (Reuters) -Hyundai Motor Co turned in its best quarterly profit in eight years on Thursday as a weak won lifted the value of its earnings abroad and demand stayed strong for the South Korean automaker's high-margin sport-utility vehicles (SUVs).

BEIJING (Reuters) -Chinese regulators took fresh steps on Thursday to defuse anger over a banking fraud that has sparked high-profile protests, by announcing a second round of repayments to depositors whose funds were frozen in two provinces.

China's cybersecurity regulator fined Didi Global Inc 8.026 billion yuan ($1.2 billion) after a year-long probe found the ride hailing giant had violated laws including ones pertaining to data security.

Hyundai Motor Co posted on Thursday a 59% rise in second-quarter profit as a weak won lifted the value of its earnings abroad and demand remained strong for the South Korean automaker's high-margin sport-utility vehicles (SUVs).

BEIJING (Reuters) -China's search engine giant Baidu Inc on Thursday unveiled its new autonomous vehicle (AV) with a detachable steering wheel, with plans to put it to use for its robotaxi service in China next year.

Japan ran a trade deficit for the 11th straight month in June as high energy and other commodity costs pushed up imports, highlighting growing economic pressures from a sharply declining yen and global inflation.