BEIJING (dpa-AFX) - China's manufacturing activity logged a robust growth in June, completing the strongest quarter since the fourth quarter of 2020, survey data released by S&P Global showed Wednesday.The RatingDog China manufacturing Purchasing Managers' Index posted 51.7 in June, down from 51.8…
SOLNA (dpa-AFX) - Skanska AB (SKSBF.PK, SKAb.ST), a Swedish construction company, said on Wednesday it has sold a self-developed rental multifamily project, Traktören 20, in Sweden for around SEK 570 million to the Folksam Group through KPA Pension.The takeover will occur in connection with complet…
REDMOND (dpa-AFX) - Microsoft Corp. (MSFT) is preparing another round of workforce reductions that could affect thousands of employees across multiple business units, according to a report by Business Insider citing people familiar with the matter.The tech giant plans to cut less than 2.5% of its r…
WASHINGTON (dpa-AFX) - ITG, Inc. (ITG), a communications and digital infrastructure services provider, announced the pricing of Initial public offering or IPO of around 19.51 million shares of its Class A common stock at the price to the public of $16.00 per share, aiming to raise around $279.2 mil…
CANBERA (dpa-AFX) - ACCC, Australia's national competition, consumer, fair trading and product safety regulator, has decided that Coles Supermarkets Australia Pty Ltd (COL.AX) must not put into effect a proposed acquisition of a leasehold interest over a new supermarket and liquor site in Kalgoorli…
WASHINGTON (dpa-AFX) - Alcoa Corporation (AA) said late Tuesday it has agreed to acquire South32 Limited's aluminum, alumina and bauxite assets in a cash-and-stock deal valued at about $4.1 billion upfront.The acquisition includes South32's interests in the Boddington bauxite mine and Worsley alumi…
PARIS (dpa-AFX) - Investment firm KKR & Co. Inc. (KKR) late Tuesday announced its agreement to acquire EDF power solutions' North American renewable operations from EDF group SA (EDFEF.PK) for around $4.2 billion, with potential additional payments of up to $0.39 billion.Separately, KKR announced t…
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks are seen opening broadly lower on Wednesday as investors weigh U.S.-Iran tensions and await key U.S. economic data for additional clues on the outlook for U.S. monetary policy.American and Iranian officials are in Qatar, but Iran said it would no…
STAVANGER (dpa-AFX) - Transocean Ltd. (RIG) on Tuesday announced an agreement with Equinor ASA (EQNR) for the use of three harsh-environment semisubmersible rigs on the Norwegian continental shelf.The contract is valued at more than $1 billion in backlog over seven rig years, excluding additional s…
CANBERA (dpa-AFX) - Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, boosted by strong gains in the technology sector, which mirrored their peers on the tech-heavy Nasdaq. Traders also refrained from big moves due to the lac…
TOKYO (dpa-AFX) - The Japanese stock market is trading significantly higher on Wednesday, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 70,650 level, with gains in technology and financial st…
Copyright RTT News/dpa-AFX
Copyright RTT News/dpa-AFX
Copyright RTT News/dpa-AFX
Copyright RTT News/dpa-AFX
BEIJING (dpa-AFX) - The China stock market has tracked higher in consecutive trading days, gathering almost 70 points or 1.7 percent along the way. The Shanghai Composite Index now sits just shy of the 4,100-point plateau and it's expected to open to the upside again on Wednesday.The global forecas…
TOKYO (dpa-AFX) - Large manufacturing in Japan accelerated in the second quarter of 2026, the Bank of Japan's quarterly Tankan Survey of business sentiment showed on Wednesday with a diffusion index score of +22.That beat forecasts for +16 and was up from +17 in the previous three months.The outloo…
Copyright RTT News/dpa-AFX
Copyright RTT News/dpa-AFX
TOKYO (dpa-AFX) - The Japan stock market has moved higher in back-to-back sessions, collecting more than 700 points or 1.1 percent along the way. The Nikkei 225 now sits just above the 70,050-point plateau and it may extend its gains again on Wednesday.The global forecast for the Asian markets is u…