Shares in Deutsche Euroshop surge in pre-market trade on takeover offer

Shares in Deutsche Euroshop jumped 31.2% in Lang & Schwarz pre-market trade on Monday after a consortium of bidders offered 1.4 billion euros ($1.48 billion) to acquire the German shopping centre investor.

newspaper

23-05-2022

Singapore April core inflation rises 3.3%, fastest in a decade

Singapore's key consumer price gauge rose in April at its fastest pace in a decade, driven by higher inflation for food, official data showed on Monday.

newspaper

23-05-2022

Indonesia set to resume palm oil exports but policy uncertainty persists

Indonesia is due to resume exports of palm oil on Monday after a ban of more than three weeks, but industry traders and companies were awaiting details on accompanying rules to secure domestic supplies of the edible oil to control cooking oil prices.

newspaper

23-05-2022

Biden says weighs reducing tariffs on China, asking OPEC to pump more oil

U.S. President Joe Biden said he was weighing cutting tariffs on Chinese goods while increasing calls on OPEC to raise oil production as he grappled with a politically damaging wave of inflation.

newspaper

23-05-2022

With U.S. help, Japan aims to go from player to power in space

Space is a key area of cooperation for Japan with the United States, its closest ally, amid heightened tensions with an increasingly assertive China, which itself aims to become a space power.

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23-05-2022

Broadcom in talks to acquire VMware -sources

(Reuters) -Chipmaker Broadcom Inc is in talks to acquire cloud service provider VMware Inc, people familiar with the matter told Reuters.

newspaper

22-05-2022

Broadcom in talks to acquire VMware

Chipmaker Broadcom Inc is in talks to acquire cloud service provider VMware Inc, people familiar with the matter told Reuters.

newspaper

22-05-2022

Drugmakers propose swift pandemic response benefiting poorer countries

Global drugmakers are lobbying for wealthy nations to fund a supply mechanism that would secure vaccines for low-income countries without delay in case of a new pandemic, but said the proposal was contingent on free cross-border trade.

newspaper

22-05-2022

Nestle delivers over 100 pallets of infant formula to U.S

Nestle SA on Sunday delivered 132 pallets of its Health Science Alfamino and Alfamino Jr infant formulas to a U.S. facility, the company said, adding that another 114 pallets of Gerber Good Start Extensive HA formula will arrive in the coming days.

newspaper

22-05-2022