BEIJING, May 28 Reuters Apple39;s smartphone shipments in China were 52 higher in April than a year ago, extending a rebound seen in the previous month, according to data from a research firm affiliated the Chinese government. Shipments of foreignbranded phones in China increased by 52 in April to 3.495 million units from 2.301 million a […]

May 28 Reuters As millions seek access to weightloss drugs from Novo Nordisk and Eli Lilly, increasing supplies, possible wider usage and a growing number of wouldbe rivals are leading some experts to raise annual global sales forecasts for the treatments to about 150 billion by the early 2030s. A year ago, top sales estimates were […]

May 28 Reuters UBS Global Research raised its yearend target for the benchmark SP 500 index to 5,600 points on Tuesday, marking the highest forecast among major brokerages. The upgraded target reflects an upside of about 5.6 to the index39;s last close of 5,304.72. It had earlier forecast a target of 5,400. WHY IT39;S IMPORTANT […]

SINGAPORE, May 28 Reuters A consortium of U.S. firm KKR and Singapore Telecommunications SingTel has emerged as the frontrunner to buy a minority stake worth 1 billion in one of Asia39;s biggest data centre providers, two sources with knowledge of the matter said. The potential investment in STT Telemedia Global Data Centres STT GDC reflects growing interest […]

MADRID, May 28 Reuters Spanish lender Sabadell has kicked off the process of trying to persuade retail shareholders not to back BBVA39;s 12.23 billion euro 13.3 billion hostile takeover attempt, telling them they may have until 2025 before needing to decide. In a letter being sent to Sabadell39;s shareholders this week, Sabadell chairman Josep Oliu said investors […]

Deal to boost its top 3 wealth management position in Germany Purchase expected to close in first quarter of 2025 Fosun has stepped up efforts to sell assets May 28 Reuters Dutch lender ABN Amro has agreed to buy private bank Hauck Aufhäuser Lampe HAL for 672 million euros 730 million, strengthening its position as one […]