Rising energy prices push almost half German companies to cut new investments - survey

Around 40% of German companies are already feeling the impact of rising energy prices and almost half want to reduce investments due to rising energy costs, a survey showed on Monday.

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25-04-2022

Nissan shares fall 4% after report Renault exploring stake sale

TOKYO (Reuters) -Shares of Nissan Motor Co Ltd dropped 4% in early trade on Monday, following a report that top shareholder Renault SA may consider lowering its stake in the Japanese automaker.

newspaper

25-04-2022

Foxconn unit sees limited impact from suspended China plant

TAIPEI (Reuters) -Operations at a unit of Taiwan-based Apple Inc supplier Foxconn in China's Kunshan city remain suspended because of COVID-19 controls but there is limited impact as it has shifted production elsewhere, it said on Monday.

newspaper

25-04-2022

Oil prices extend losses as Shanghai lockdowns hit demand outlook

Oil prices extended losses on Monday amid persistent worries that prolonged COVID-19 lockdowns in Shanghai and potential U.S. rate hikes would dent global economic growth and fuel demand.

newspaper

25-04-2022

Nissan shares fall 4% on report Renault exploring stake sale

Shares of Nissan Motor Co Ltd dropped 4% in early trade on Monday, following a report that its top shareholder Renault SA is exploring a potential stake sale.

newspaper

25-04-2022

Twitter, under shareholder pressure, begins deal talks with Musk -sources

(Reuters) -Twitter Inc kicked off deal negotiations with Elon Musk on Sunday after he wooed many of the social media company's shareholders with financing details on his $43 billion acquisition offer, people familiar with the matter said.

newspaper

25-04-2022

Euro inches up after Macron's victory, gains against bruised sterling

The euro gained a fraction in early trade on Monday following French President Emmanuel Macron's comfortable Sunday defeat of far-right rival Marine Le Pen, the outcome largely expected by markets and political analysts.

newspaper

25-04-2022

Apple supplier Foxconn suspends production at two China factories - SCMP

Apple Inc's prime supplier Foxconn Technology Group halted operations at two of its factories in eastern China's Kunshan after new COVID-19 cases were reported on site, the South China Morning Post reported on Monday.

newspaper

24-04-2022

Exclusive-Twitter under shareholder pressure to seek deal with Musk, sources say

Twitter Inc is coming under increasing pressure from its shareholders to negotiate with Elon Musk even though the world's richest person has called his $43 billion bid for the social media platform his best and final offer, people familiar with the matter said on Sunday.

newspaper

24-04-2022