German Workers see Record Rise in Real Wages in Q1

BERLIN, May 29 Reuters Real wages in Germany rose by a record 3.8 yearonyear in the first three months of 2024, the statistics office reported on Wednesday, raising hopes for a muchneeded boost to consumer spending as Europe39;s largest economy battles sluggish growth. The increase was the fourth consecutive quarterly rise in real wages and […]
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UPS to Make some ParcelTracking Tags in India, Executive

May 29 Reuters United Parcel Service, the world39;s biggest parcel delivery firm, is in talks with several Indian state governments to make some of the tags used in tracking packages in the Asian country, a senior executive told Reuters on Wednesday. Semiconductor manufacturing is among Prime Minister Narendra Modi39;s key business agendas as he pursues […]
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Indian Shares Fall as Heavyweight Financials, IT Stocks Drag

BENGALURU, May 29 Reuters Indian shares opened lower on Wednesday, dragged by losses in heavyweight financials and information technology stocks, while uncertainty around domestic election results and the timing of U.S. rate cuts also weighed. The NSE Nifty 50 was down 0.5 at 22,763 points, while the SP BSE Sensex lost 0.6 to 74,745 points, as of […]
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China Evergrandes Liquidators Seek Investors for Restructuring

May 28 Reuters Property firm China Evergrande Group said on Tuesday its liquidators have made only modest realisations of the company39;s assets and were now seeking investors for restructuring. The embattled developer39;s liquidity and other internal resources remain limited, a filing by the company showed. In view of the company39;s level of indebtedness and the challenges […]
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Meme Stock GameStop Jumps after Raising 933M in Share Sales

May 28 Reuters Meme stock GameStop soared 17 on Tuesday after the struggling videogame retailer said it had raised over 900 million from selling its shares during the market rally earlier this month. GameStop surged as much as nearly six times its value in the first two weeks of May, partly fueled by the online return of Roaring Kitty Keith […]
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