US Steel to explore strategic alternatives after unsolicited bids

(Reuters) -United States Steel said on Sunday it is initiating a formal review to evaluate strategic alternatives for the steel producer after receiving multiple unsolicited bids for part or all of its business.

newspaper

13-08-2023

U.S. Steel to explore strategic alternatives for the company

Steel producer United States Steel Corporation said on Sunday it is initiating a formal review to evaluate strategic alternatives for the company.

newspaper

13-08-2023

Prominent investors rekindle affection for Amazon in Q2 as stock price jumps

Several prominent investors including hedge fund Baupost Group and mutual fund giant Fidelity bought or increased their holdings in retailer Amazon.com during the second quarter as its stock surge helped fuel Wall Street's rally.

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12-08-2023

Breakfast for 40 cents: what China's deflation looks like

At Nanchengxiang restaurants in Beijing, customers treat themselves to a breakfast buffet with three types of rice porridge, sour and spicy soup, and milk - all for the price of 3 yuan ($0.40).

newspaper

10-08-2023

Biden in Utah to mark anniversary of toxic burn pit legislation

President Joe Biden will visit a Utah veterans' medical center on Thursday to mark the one-year anniversary of the signing of legislation providing aid to veterans sickened by gases from military toxic burn pits.

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10-08-2023

Siemens CEO says customers looking outside China for new investments

Siemens is seeing changing investment patterns by some customers regarding China as tensions rise between Washington and Beijing, Chief Executive Roland Busch said on Thursday.

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10-08-2023

Siemens sees weakening demand trends as Q3 misses forecasts

ZURICH (Reuters) -Siemens missed profit forecasts in its latest quarter, the German engineering company reported on Thursday, noting weakening demand in several markets including China.

newspaper

10-08-2023

Siemens seeing 'normalisation' in demand after Q3 misses forecasts

Siemens is seeing a "normalisation in demand", particularly in China, the German engineering group said on Thursday as it reported third quarter profit which missed forecasts.

newspaper

10-08-2023