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reuters

Australia clears Sportsbet after anti-money laundering remediation

Australia's financial crime watchdog said on Friday that online betting firm Sportsbet had completed required improvements to its anti-money laundering controls after it admitted serious deficiencies two years ago.The Australian Transaction Reports and Analysis Centre accepted the company's remedia…

Reuters en
EconomyStocks AU
sharecast

Tate & Lyle publishes scheme document for Ingredion takeover

Tate & Lyle said the document sets out the full terms of the proposed acquisition, which was to be implemented via a court‑sanctioned scheme of arrangement and will require approval from shareholders at both the court meeting and general meeting, scheduled for 28 July.Subject to shareholder backing…

ShareCast en
Stocks GB

Bajaj Auto plans to double EV capacity

Bajaj Auto is currently the second-largest electric vehicle (EV) player, with a 22% market share and a production capacity of 50,000 units per month. "We are looking over a period of time to double this capacity, we. We think that this segment is set to grow very fast," Joint Managing Director Rake…

CNBC TV18 en
Stocks IN
dow-jones

Hongfa Technology Set to Benefit From HVDC Trend in NEVs, AIDC — Market Talk

Hongfa Technology stands to benefit from high-voltage direct current trend in new energy vehicles and artificial-intelligence data centers, Daiwa Capital Markets analysts say in a research report. The penetration rate of HVDC relays, which the Chinese company makes, is swiftly rising due to trends…

Dow Jones Newswires en
Stocks CN