Tag: stocks

SYDNEY (Reuters) – Australian Clinical Labs (ACL), a pathology provider owned by domestic private equity firm Crescent Capital Partners, is seeking to raise $315 million in an initial public offering next week, according to a memo seen by Reuters.The company and its advisors, Merrill Lynch Equities and Goldman Sachs, will offer shares at A$4 each…

FILE PHOTO: A general view of the Norwegian central bank, where Norway’s sovereign wealth fund is situated, in Oslo, Norway, March 6, 2018. REUTERS/Gwladys Fouche/File PhotoOSLO (Reuters) – Norway’s $1.3 trillion sovereign wealth fund, the world’s largest, posted a first-quarter profit thanks to strong stock markets, it said on Wednesday.The fund had a 4.0% return…

Household ProductsProcter & Gamble earnings beat as consumers hang on to pandemic cleaning habits; price hikes aheadPublished Tue, Apr 20 20216:30 AM EDTUpdated Moments AgoAmelia LucasShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailKey PointsProcter & Gamble topped Wall Street's estimates for its fiscal third-quarter earnings and revenue.Consumers are still buying…

A group of journalists in Japan called on Myanmar’s junta on Tuesday to free a colleague, Yuki Kitazumi, detained in Yangon following a crackdown on media amid ongoing protests against the military overthrow of an elected government.”We want the junta to stop oppressing the citizens of Myanmar, and we seek the swift release of the…

U.S. one dollar banknotes are seen in this illustration taken February 8, 2021. REUTERS/Dado Ruvic/IllustrationThe BlackRock Investment Institute said on Monday the economic restart, stabilising U.S. Treasury yields and relatively cheap valuations will boost emerging market assets after a choppy start to 2021.BlackRock acknowledged that some developing economies faced near-term challenges including a virus resurgence,…

MarketsDow and S&P 500 slip from record highs, tech shares lead lossesPublished Sun, Apr 18 20216:04 PM EDTUpdated Mon, Apr 19 20219:58 AM EDTYun Li@YunLi626Pippa Stevens@PippaStevens13ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailVIDEO3:4203:42Stocks pull back from record levels at openSquawk on the StreetU.S. stocks dipped from record levels to start…

* TIM, Open Fiber rolling out fibre networks at pace* Rome deciding whether to revive single network plan* Plan promises savings, but some favour competitionMILAN, April 19 (Reuters) – When mayor Filippo Tripoli got a phone call from Telecom Italia last December to cable his town in Sicily he was taken by surprise. Bagheria, population…

SHANGHAI (Reuters) – Auto industry executives are rattled by a global shortage of semiconductors which is hitting production in China, after hoping the world’s biggest car market could spearhead global recovery in the sector.A Volkswagen ID.6 X is displayed ahead of the Shanghai Auto Show, in Shanghai, China April 18, 2021. REUTERS/Aly SongAutomakers around the…

April 19 (Reuters) – Australian shares are expected to open higher on Monday and are on track to approach record levels, after positive corporate earnings and upbeat economic data sent Wall Street to fresh peaks on Friday. The local share price index futures rose 0.5%, a 7.5-point premium to the underlying S&P/ASX 200 index close.…