Tank storage firm Vopak's quarterly profit beats estimates

(Reuters) -Dutch oil and chemical storage company Vopak's first-quarter earnings beat market expectations on Wednesday, boosted by growth projects and a good performance in the Americas.

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20-04-2022

KKR leads record $14.8 billion bid for Australia's Ramsay Health Care

A group led by KKR & Co made an unsolicited near-$15 billion bid for Ramsay Health Care Ltd on Wednesday, underlining buyout funds' current appetite for healthcare assets and pushing the Australian firm's shares up as much as 30%.

newspaper

20-04-2022

Tank storage firm Vopak's quarterly profit beats market estimates

Dutch oil and chemical storage company Vopak's first-quarter earnings beat market expectations on Wednesday, boosted by growth projects and good performance in the Americas.

newspaper

20-04-2022

Analysis-Positive real yields may spell more trouble for U.S. stocks

A hawkish turn by the Federal Reserve is eroding a key support for U.S. stocks, as real yields climb into positive territory for the first time in two years.

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20-04-2022

Credit Suisse expects Q1 loss after boosting legal provisions

Credit Suisse Group expects a loss in reported first-quarter earnings after increasing legal provisions, the Swiss bank said on Wednesday.

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20-04-2022

Analysis-Wealth shock: property bust in small Chinese cities rattles households

Home owners in small Chinese cities are battling a rare property market downdraft as buyers keep away, eroding the wealth of millions in a blow to already brittle consumer confidence in the world's second-largest economy.

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20-04-2022

KKR-led group makes $14.8 billion bid for Australia's Ramsay Health Care

(Reuters) -Australia's largest private hospital operator Ramsay Health Care Ltd said on Wednesday it received an unsolicited A$20.05 billion ($14.80 billion) indicative takeover offer from a consortium led by private equity giant KKR & Co, sending Ramsay's shares 30% higher.

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20-04-2022

IMF says any loan to Sri Lanka requires debt sustainability

The International Monetary Fund said discussions with Sri Lanka on a potential IMF loan program are at an early stage and any deal would require "adequate assurances" that the island country's debts can be put on a sustainable path.

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20-04-2022

China unexpectedly keeps lending benchmark unchanged

SHANGHAI (Reuters) -China surprisingly kept its benchmark lending rates steady on Wednesday, with markets seeing the move as Beijing's cautious approach to rolling out more easing measures as the economy slows due to COVID-19 lockdowns.

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20-04-2022