SEOUL, Nov 13 Reuters Shares in Samsung Electronics, the world39;s top memory chip maker, fell on Wednesday to their lowest level in more than four years amid worries about the impact of U.S. tariffs under a new Donald Trump administration, analysts said. The South Korean tech giant is the worst performing stock among global chipmakers […]

Bloomberg reports MBO could be worth 58 bln Japan39;s megabanks are in talks for loan to fund MBO reports Seven i shares untraded with a glut of buy orders TOKYO, Nov 13 Reuters Japan39;s Seven i Holdings has received a buyout proposal from a member of its founding Ito family, it said on Wednesday following a […]

Nov 13 Reuters Shares of Indian food and grocery delivery firm Swiggy jumped nearly 15 in their trading debut on Wednesday, bucking weakness in the broader market and a better performance than some analysts had predicted for the lossmaking firm after its 1.4 billion IPO. The stock had listed at 420 rupees 4.98 on India39;s National […]

Nov 13 Reuters NTPC Green Energy set a price band on Wednesday for its initial public offering IPO, targeting a valuation of as much as 10.8 billion in what is set to be India39;s thirdlargest IPO this year, though analysts raised concerns on the aggressive pricing. The company set a price band of 102108 rupees […]

Nov 12 Reuters Indian auto parts maker Samvardhana Motherson International reported a smallerthanexpected increase in secondquarter profit on Tuesday, hurt by slower demand. The company, which supplies Maruti Suzuki, Mercedes Benz, Audi and other automakers, said consolidated net profit rose over fourfold to 8.8 billion rupees 104.27 million for the three months ended Sept. 30. However, […]

Nov 12 Reuters Drugmaker AstraZeneca lifted its annual sales and profit forecast for the second time in less than four months on Tuesday, helped by resilient demand for its cancer and rare diseases medicines, after thirdquarter results beat estimates. The Londonlisted company now expects 2024 revenue and core earnings per share to grow by high teens […]

Demand for Lunchables in school lunch program fell short of expectations Consumer Reports raised concerns about high sodium levels in Lunchables Kraft Heinz CEO cites negative publicity and supplier issues affecting sales NEW YORK, Nov 12 Reuters Kraft Heinz is no longer making its packaged lunch brand Lunchables for lowincome students receiving free and reducedpriced meals […]

Nov 12 Reuters Netflix said on Tuesday its adsupported tier had reached 70 million monthly active users globally, nearly doubling from about six months earlier as customers seek more affordable options. The plan, priced at 6.99 per month in the U.S., now accounts for more than half of all new Netflix signups in regions where it […]

FRANKFURT, Nov 12 Reuters Current efforts by BP to scale back its renewables activities have no impact on an offshore wind joint venture the oil major has with EnBW, the German utility39;s finance chief told analysts on Tuesday. Both companies formed a 5050 partnership in 2021 to jointly develop offshore wind projects in Britain, where they […]

BERLIN, Nov 12 Reuters German chipmaker Infineon said on Tuesday that it expected subdued performance in 2025, citing weak demand in its end markets. With the exception of artificial intelligence, our end markets are currently offering hardly any growth impetus and the cyclical recovery is delayed, said CEO Jochen Hanebeck. We are therefore preparing for a […]