Japan posts trade gap far wider than forecasts as China exports slow, energy imports soar

Japan recorded a trade deficit in March that was more than four times wider than market forecasts, as China-bound exports slowed sharply while soaring energy prices raised the cost of imports, adding to economic challenges brought by conflict in Ukraine.

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20-04-2022

China's lockdowns could drive more U.S. policy action, says Fed's Kashkari

(Reuters) -If lockdowns in China aimed at containing COVID-19 cause further disruptions to global supply chains, the Federal Reserve will need to take even more aggressive action to bring down "much too high" inflation, Minneapolis Fed President Neel Kashkari said on Tuesday.

newspaper

20-04-2022

Fed's Kashkari: If supply chains worsen, Fed will need to do more

If lockdowns in China aimed at containing COVID-19 cause further disruptions to global supply chains, the Federal Reserve will need to take even more aggressive action to bring down high inflation, Minneapolis Fed President Neel Kashkari said on Tuesday.

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20-04-2022

Ramsay Health Care gets $14.8 billion bid from KKR-led consortium; shares soar

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

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20-04-2022

Ackman's fund likely feeling the Netflix pain as shares plunge

Three months ago hedge fund manager William Ackman cheered when Netflix's stock price suddenly dropped, buying up 3 million shares as other investors fretted over weak subscriber growth at the streaming company.

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20-04-2022

Taiwan's TSMC raises $3.5 billion in bonds for new U.S. plant

Taiwanese chip firm TSMC has raised $3.5 billon in bonds for its new plant in the U.S. state of Arizona, according to a term sheet.

newspaper

20-04-2022

Exxon sees carbon capture market at $4 trillion by 2050

Exxon Mobil Corp. estimates there will be a $4 trillion market by 2050 for capturing carbon dioxide and storing it underground, the company said in a presentation on Tuesday.

newspaper

19-04-2022

Australia's Ramsay Health Care gets $14.8 billion offer from KKR-led consortium

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

newspaper

19-04-2022

CalPERS to vote to replace Buffett as Berkshire chairman

CalPERS, the largest U.S. public pension fund, on Tuesday said it will vote for a shareholder proposal that Berkshire Hathaway Inc replace Warren Buffett as chairman, though he would remain chief executive officer.

newspaper

19-04-2022