Dollar holds near 20-year high, euro struggles

The dollar held near a 20-year high on Monday as the euro struggled around the $1.05 mark, as investors prepared for a busy week of central bank meetings including a likely Federal Reserve interest rate hike.

newspaper

02-05-2022

Cannon-Brookes seeks 11.5% stake in Australia's AGL Energy - JPMorgan

Tech billionaire Mike Cannon-Brookes is seeking to buy an 11.5% stake in AGL Energy nearly two months after Australia's top power producer rejected a A$5.4 billion ($3.8 billion)takeover offer from his Grok Ventures and Canada's Brookfield Asset Management, according to a market statement from JPMorgan.

newspaper

02-05-2022

Cannon-Brookes seeks 11.5% stake in Australia's AGL - JPMorgan statement

Tech billionaire Mike Cannon-Brookes is seeking to buy an 11.5% stake in AGL Energy nearly two months after Australia's top power producer rejected a A$5.4 billion takeover offer from his Grok Ventures and Canada's Brookfield Asset Management, according to a market statement from JPMorgan.

newspaper

02-05-2022

Wind turbine maker Vestas cuts margin outlook as Ukraine war bites

COPENHAGEN (Reuters) -Wind turbine maker Vestas slashed its full-year operating profit margin outlook due to the war in Ukraine and writedowns in its offshore business, as it reported a deeper-than-expected first quarter operating loss.

newspaper

02-05-2022

Wind turbine maker Vestas cuts margin outlook due to Ukraine war

The world's largest wind turbine maker Vestas slashed its operating profit margin outlook for the year due to the war in Ukraine, it said late on Sunday, when it also reported a deeper-than-expected operating loss for the first quarter.

newspaper

02-05-2022

Oil down $1 on China growth worries, while EU weighs Russian crude ban

Oil prices fell on Monday in holiday-sapped trade in Asia as concerns about weak economic growth in China, the world's top oil importer, outweighed fears of potential supply stress from a looming European Union ban on Russian crude.

newspaper

02-05-2022

Oil falls on China growth concerns even as EU weighs Russia import ban

Oil prices fell on Monday in holiday-sapped trade in Asia as concerns about slowing economic growth in China, the world's top oil importer, outweighed fears of potential supply disruptions from a looming European Union ban on Russian crude.

newspaper

02-05-2022

Japan's low-cost soul food noodles may become casualty of Ukraine war

Ryu Ishihara will soon be raising prices on his inexpensive bowls of soba noodles for the first time in nearly a decade, as rising costs and Russia's invasion of Ukraine take an unlikely toll on Japan's beloved buckwheat noodles.

newspaper

02-05-2022

Australia home prices keep rising even as Sydney, Melbourne cool

Australian home prices were still rising nationally in April even as more of the heat came out of the Sydney and Melbourne markets, with the smaller cities and regions proving resilient to the risk of higher mortgage rates.

newspaper

02-05-2022