Source news

reuters News

20 stories
reuters

Uber-backed Lime prices IPO at $25 per share, Bloomberg News reports

Uber-backed Lime has priced its U.S. initial public offering at $25 per share, the midpoint of the marketed range, Bloomberg News reported on Tuesday, citing a person familiar.Lime did not immediately respond to a Reuters request for comment outside regular business hours.

Reuters en
ETFsStocksUS

Coles confirms talks with U.S.-based TPG to buy Greencross Pet Wellness

Australia's Coles Group ASX:COL confirmed on Wednesday that it is in discussions with U.S.-based private equity giant TPG for a potential acquisition of Greencross Pet Wellness Company, sending its shares to a two-week low.The Australian Financial Review had reported earlier in the day that Coles w…

Reuters en
StocksAU
NEWS reuters

Japan manufacturing extends growth, caps best quarter since Q1 2014, PMI shows

By Satoshi SugiyamaJapan's manufacturing sector expanded in June, sealing its best quarterly performance since early 2014, as new orders grew at their fastest pace in more than two years, a business survey showed on Wednesday.Here are some key details.

Reuters en
Economy
reuters

Global funds revisit Indian stocks as oil, rupee risks recede

By Nimesh Vora, Bharath Rajeswaran and Jaspreet KalraGlobal fund managers are reassessing their retreat from Indian equities as a swift drop in oil prices to pre‑Iran war levels and measures to stabilize the rupee have soothed key pain points for investment in Asia's third largest economy.Exchange…

Reuters en
index

South32 CEO open to M&A following Alcoa asset sale

South32 ASX:S32 CEO Matthew Daley said on Wednesday he was open to mergers and acquisitions but any deal must add value to the company, after the diversified miner agreed to sell the bulk of its aluminium portfolio to Alcoa NYSE:AA for up to $5.6 billion."We will definitely look at opportunities th…

Reuters en
StocksAU
reuters

 Bayer seeks US duties on Chinese-made glyphosate, angering farmers

By Renee HickmanBayer XETR:BAYN on Tuesday asked Washington to impose duties on glyphosate, the chemical used in the company's weedkiller Roundup, imported from China, saying it was being sold at artificially low prices.The move angered U.S. farmers, many of whom have lost money for years, because…

Reuters en
StocksDE