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Reuters - 4 minuto ang nakaraan

Gerresheimer Says To Acquire Blitz Luxco Sarl, The Holding Company Of The Bormioli Pharma Group

BRIEF-Gerresheimer Says To Acquire Blitz Luxco Sarl, The Holding Company Of The Bormioli Pharma Group May 23 (Reuters) - Gerresheimer AG GXIG.DE : EQS-ADHOC: GERRESHEIMER TO ACQUIRE BLITZ LUXCO SARL, THE HOLDING COMPANY OF THE BORMIOLI PHARMA GROUP / MOULDED GLASS BUSINESS TO BE STRATEGICALLY REVIEWED PURCHASE PRICE IS BASED ON A DETERMINED ENTERPR
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Reuters - 4 minuto ang nakaraan

India's Jubilant Foodworks rises on Q4 profit jump

BUZZ-India's Jubilant Foodworks rises on Q4 profit jump ** Shares of Jubilant Foodworks JUBI.NS up as much as 4.7%to 502.40 rupees; last up 1.2% ** Domino's India franchisee reported a jump in Q4 profit, benefiting from a one-time gain and more store openings ** Profit before tax stood at 2.25 bln rupees ($27 mln) for the March-qtr, which included a one-time gain of 1.70 bln rupees from revaluing its investment in DP Eurasia N.V.
Reuters - 5 minuto ang nakaraan

India's Ramco Cements up on Q4 volume boost, price recovery hopes

BUZZ-India's Ramco Cements up on Q4 volume boost, price recovery hopes ** Shares of India's Ramco Cements TRCE.NS up 1.4%, trimming some gains after a 3.3% jump earlier in the session ** Low prices in key South India market helped maker's cement volumes rise to 5.5 million tonnes in Q4 ** Co's volume growth of 17% y/y exceeds Centrum's 7% growth vi
Reuters - 5 minuto ang nakaraan

India's Metro Brands gains on Q4 profit jump

BUZZ-India's Metro Brands gains on Q4 profit jump ** Shares of Metro Brands METB.NS rise as much as 4.9% to 1,198.9 rupees, highest since March 22 ** Footwear retailer beats Q4 profit estimates and reports a more than two-fold rise in profit on strong premium footwear demand ** Rev from ops up 7% Y/Y ** Fifteen analysts covering the stock on avg ha
Reuters - 6 minuto ang nakaraan

India's Power Grid falls after Q4 profit drop

BUZZ-India's Power Grid falls after Q4 profit drop ** Shares of India's state-run Power Grid Corp PGRD.NS fall 4.8% at 310 rupees ** Grid operator among top losers in benchmark Nifty 50 index .NSEI , which is up 0.3% ** Co on Wednesday reported 3.6% fall in Q4 profit, also missing some analysts' views, hit by weak performance at power transmission
Reuters - 9 minuto ang nakaraan

Copper weighed down by weak demand, strong dollar

METALS-Copper weighed down by weak demand, strong dollar Adds comments, updates prices BEIJING, May 23 (Reuters) - Copper prices fell on Thursday, dragged down by weak demand in top consumer China and a strong U.S. dollar following hawkish Federal Reserve minutes. Three-month copper on the London Metal Exchange (LME) CMCU3 was down 0.4% to $10,373 per metric ton by 0402 GMT, while the most-traded July copper contract on the Shanghai Futures Exchange (SHFE) SCFcv1 fell 3.4% to 83,740 yuan ($11,56
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Reuters - 10 minuto ang nakaraan

Reactions to China's military drills around Taiwan

QUOTES-Reactions to China's military drills around Taiwan May 23 (Reuters) - Taiwan's military mobilised its forces and said it was confident it could protect the island after China started two days of "punishment" drills around Taiwan on Thursday in what it said was a response to "separatist acts". Here are some reactions to the military drills: WU XINBO, DIRECTOR OF THE CENTRE FOR AMERICAN STUDIES AT FUDAN UNIVERSITY IN SHANGHAI: "The drills encircling the island, is giving him (Taiwan's new P
Reuters - 10 minuto ang nakaraan

China’s Lenovo extends revenue growth streak, beats expectations

China’s Lenovo extends revenue growth streak, beats expectations HONG KONG, May 23 (Reuters) - China's Lenovo Group 0992.HK reported on Thursday a rise of 9% in fourth-quarter revenue to $13.8 billion, as the world's largest maker of personal computers (PCs) exits a demand slump following the aftermath of the COVID-19 pandemic. Revenue for the January-March quarter beat an average estimate of $13 billion drawn from eight analysts according to LSEG data.
Reuters - 15 minuto ang nakaraan

BHP boss hopes a week is a long time in dealmaking

BREAKINGVIEWS-BHP boss hopes a week is a long time in dealmaking The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Antony Currie MELBOURNE, May 23 (Reuters Breakingviews) - Mike Henry has won an extra seven days to try to seal a deal with Anglo American. The trick will be to persuade his harried quarry that its own breakup plan is more risky than BHP's three-step proposal.
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Reuters - 21 minuto ang nakaraan

China's yuan weakens on hawkish Fed, Taiwan tensions

China's yuan weakens on hawkish Fed, Taiwan tensions SHANGHAI, May 23 (Reuters) - China's yuan slipped on Thursday to hover near a three-week low, as the dollar firmed following hawkish Federal Reserve minutes, while tensions around Taiwan also kept investors nervous. Prior to the market open, the People's Bank of China (PBoC) set the midpoint rate CNY=PBOC , around which the yuan is allowed to trade in a 2% band, at 7.1098 per U.S.
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Reuters - 21 minuto ang nakaraan

India's ITC inches lower ahead of Q4 results

BUZZ-PREVIEW- India's ITC inches lower ahead of Q4 results ** Shares of consumer goods giant ITC ITC.NS down 0.2% at 439.4 rupees ahead of Q4 results ** Analysts expect ITC to report 0.5% uptick in net profit at 51.11 bln rupees ($613.7 million), rev from ops to fall 3.2% Y/Y - LSEG data ** Co beat Q3 profit estimates , benefiting from higher deman
Reuters - 24 minuto ang nakaraan

British Business - May 23

PRESS DIGEST-British Business - May 23 May 23 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - British Prime Minister Rishi Sunak called a national election on Wednesday for July 4, saying Britons would be able to choose their future in a vote his Conservatives are widely expected to lose to the opposition Labour Party after 14 years in power.
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Reuters - 24 minuto ang nakaraan

Italy - Factors to watch on May 23

Italy - Factors to watch on May 23 The following factors could affect Italian markets on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS G7 finance chiefs meeting in Italy this week will attempt to find common ground over how to use frozen Russian assets to help Ukraine's war effort and how to address China's growing export strength in key m
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Reuters - 26 minuto ang nakaraan

Chinese military practiced Taiwan invasion manoeuvres in 2023, says US general

UPDATE 1-Chinese military practiced Taiwan invasion manoeuvres in 2023, says US general Adds quote in paragraph 3, adds Canberra to dateline By Peter Hobson and Lewis Jackson CANBERRA/SYDNEY, May 23 (Reuters) - Chinese military drills in the straits of Taiwan in 2023 practiced manoeuvres key to an invasion of the island, although an actual attack was not imminent or inevitable, a senior U.S.
Reuters - 29 minuto ang nakaraan

Indonesia's Medco geothermal unit gets commitment of up to $126 mln from U.S.

Indonesia's Medco geothermal unit gets commitment of up to $126 mln from U.S. JAKARTA, May 23 (Reuters) - A geothermal power unit of Indonesian energy firm Medco has received a commitment of up to $126 million from the U.S. International Development Finance Corporation, the U.S. embassy in Indonesia said in a statement on Thursday. The funding commitment will be used by PT Medco Cahaya Geothermal to support the development and operation of its first phase of the Ijen geothermal power plant in Ea
Reuters - 35 minuto ang nakaraan

Gold prices drift lower on hawkish Fed minutes

PRECIOUS-Gold prices drift lower on hawkish Fed minutes Analyst says gold to drift back to $2,355 if dollar keeps upward momentum Fed minutes reflected discussion of possible further hikes Adds comments, details and updates prices By Sherin Elizabeth Varghese May 23 (Reuters) - Gold prices fell for a third straight session on Thursday after minutes from the most recent Federal Reserve meeting indicated that some officials were inclined to raise interest rates.
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Reuters - 36 minuto ang nakaraan

China's online game developer Kingsoft jumps after Q1 results

BUZZ-China's online game developer Kingsoft jumps after Q1 results ** Shares of Kingsoft Corp Ltd 3888.HK rise 4.3% to HK$26.70, on course for their biggest one-day gain since May 2 ** Stock on track to snap two straight sessions of fall; third-biggest gainer on Hang Seng Tech Index .HSTECH ** The Chinese online and mobile games developer and opera
Reuters - 36 minuto ang nakaraan

Petronas' flagship Bintulu LNG facility resumes full operations

Petronas' flagship Bintulu LNG facility resumes full operations May 23 (Reuters) - Malaysian state-run Petronas said on Thursday its liquefied natural gas (LNG) complex in Bintulu was fully restored on Sunday, more than a week after a power loss incident disrupted normal operations. The Bintulu complex in the Sarawak state on Borneo island is Petronas' flagship LNG facility, with an annual production capacity of 29.3 million metric tons.
Reuters - 37 minuto ang nakaraan

Australia's Askari Metals up on metal finds at WA project

BUZZ-Australia's Askari Metals up on metal finds at WA project ** Askari Metals AS2.AX rises as much as 24.19% to A$0.077, their highest level since March 22 ** The diversified miner's stock on track for its best since Aug. 31, 2023, if gains hold ** Co says high-grade copper and silver mineralised targets identified at its Callawa Project in Weste
Reuters - 41 minuto ang nakaraan

New Zealand releases draft strategy for mineral sector

New Zealand releases draft strategy for mineral sector By Lucy Craymer WELLINGTON, May 23 (Reuters) - The New Zealand government on Thursday released a draft strategy for the country's mineral sector that it says would double the country's mineral exports to NZ$2 billion ($1.2 billion) by 2035. The strategy includes creating a list of critical minerals, improving the permissions for permits, amending regulation and promoting investment opportunities.

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