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Jan 23, 2025
Hyundai posts 7.8% profit growth in 2024 despite sales dip
-- Hyundai Motor Company (OTC:HYMLF) reported a net profit of KRW 13.23 trillion in 2024, representing a 7.8% increase compared to the previous year This growth in...
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Jan 23, 2025
Commerzbank says UniCredit's approach is hostile and unilateral
By Ludwig Burger and Valentina Za FRANKFURT (Reuters) -Commerzbank on Wednesday defined UniCredit's approach for a potential tie-up as "hostile", and said there had been no...
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Jan 23, 2025
Japan's Nidec posts higher third-quarter operating profit
TOKYO (Reuters) -Japanese electric motor maker Nidec posted a 5% rise in third-quarter operating profit on Thursday as the company said it benefited from strong demand for data...
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Jan 23, 2025
Japan stocks higher at close of trade; Nikkei 225 up 0.98%
– Japan stocks were higher after the close on Thursday, as gains in the Precision Instruments, Communication and Non-Metal Minerals sectors led shares higher. At the...
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Jan 23, 2025
Philippine water company Maynilad hires banks for over $500 million IPO, sources say
By Yantoultra Ngui SINGAPORE (Reuters) -Maynilad Water Services has hired banks including Morgan Stanley (NYSE:MS) and UBS to work on a more than $500 million initial public...
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Jan 23, 2025
Essity lags Q4 forecasts as higher costs offset volume and price growth
By Agata Rybska (Reuters) -Swedish hygiene products maker Essity reported fourth-quarter core earnings below market expectations on Thursday, as high raw material costs in its...
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Jan 23, 2025
Australia's Qantas soars to record highs after frequent flyer programme revamp
By Kumar Tanishk (Reuters) - Shares of Qantas rose to a record high on Thursday, a day after the Australian carrier unveiled changes to its frequent fliers programme to attract...
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Jan 23, 2025
Hyundai Motor, GM aim to sign tie-up deals including joint parts purchasing
SEOUL (Reuters) - Hyundai Motor (OTC:HYMTF) said on Thursday that it aims to sign binding deals with General Motors (NYSE:GM) involving various areas of cooperation including the...
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Jan 23, 2025
Analysis-BA-owner IAG tipped as frontrunner in TAP sale as Europe airline consolidation warms up
By Joanna Plucinska, Sergio Goncalves and Andres Gonzalez DUBLIN (Reuters) - British Airways-owner IAG is likely to be a frontrunner to buy a stake in Portuguese carrier TAP,...
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Jan 23, 2025
Exclusive-India watchdog faults probe of Foxconn hiring, orders new inquiry
By Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) - India's powerful human rights watchdog has admonished labor officials for failure to adequately investigate evidence of...
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