October 2024 – Page 54 – UAG Trade Asia

Leonardo Looking at MA for Growth of its Cyber Division

October 8, 2024
Business
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ROME, Oct 8 Reuters Italian defence company Leonardo is looking at a dozen domestic and foreign companies for possible acquisitions in the cyber security sector, and could close some deals by the end of the year, its chief executive said on Tuesday. These are long processes, and we have been carrying out many of them in […]

October 8, 2024
Business
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UK business booked a pretax profit of 24.4 mln stg in 2023 Shein seeking regulatory approval for a UK listing To start informal investor meetings soon, sources say Oct 8 Reuters Shein39;s British business made 1.55 billion pounds 2 billion in revenue in 2023, up sharply from its previously reported results, a filing by the […]

October 8, 2024
Business
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Oct 8 Reuters Lyft on Tuesday rolled out steps to increase pay for longerthanestimated trips and prioritize safer drivers for rides as it looks to bring more people to drive on the ridehail platform. The company would also introduce a new earnings dashboard, preferred drivers getting more requests and the ability for electricvehicle drivers to get […]

October 8, 2024
Business
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Candy companies shift to cheaper gummies, licorice due to high cocoa costs Hershey39;s new nonchocolate products include Jolly Rancher Ropes and ShaqaLicious gummies Halloween candy prices rise, with chocolate up 7.5 and nonchocolate up double digits Chocolate prices outpacing broader food inflation NEW YORK, Oct 8 Reuters Trickortreaters hoping to collect handfuls of chocolate candy […]

October 8, 2024
Business
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Oct 8 Reuters Shares of French spirits makers fell early on Tuesday after China announced provisional antidumping measures on brandy imports from the European Union. From Friday, importers will be required to provide a security deposit to Chinese customs when importing relevant brandies originating in the EU, an aboutturn after Beijing recently said it would not impose […]

October 8, 2024
Business
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NEW DELHIHONG KONG, Oct 8 Reuters Hyundai Motor India39;s IPO will open next week for subscriptions and will likely be priced in the range of 1,865 to 1,960 rupees 22 to 23 per share, sources said on Tuesday, valuing the automaker at up to 19 billion in the country39;s biggest stock offering this year. The […]

October 8, 2024
Finance
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David Cohne, BI mutual fund and active management analyst, and co-host Marvin Chen, BI senior Asia equity strategist, speak with Sean Taylor, chief investment officer of Matthews Asia and portfolio manager for the Matthews Emerging Markets Equity Active ETF (MEM).

October 8, 2024
Oil
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Concern over potential oil supply disruption eases China 39;fully confident39; it will meet fullyear economic targets US API inventory data due at 2030 GMT LONDON, Oct 8 Reuters Oil prices declined on Tuesday with concerns over potential oil supply disruption easing as the market still awaits an Israeli response to the Iranian rocket attacks last […]

October 8, 2024
Politics
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BEIJINGLONDON, Oct 8 Reuters China has imposed temporary antidumping measures on brandy imports from the European Union after the 27state bloc voted for tariffs on Chinamade electric vehicles EVs. Below are details on China39;s multiple probes into EU industries BRANDY The Chinese commerce ministry said that dumping of brandy from the EU was threatening China39;s own brandy sector with […]

October 8, 2024
Finance
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The International Financial Services Centre (IFSC) at India’s GIFT City is rapidly emerging as a prime destination for investment opportunities.

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Capital Management

Leonardo Looking at MA for Growth of its Cyber Division

Online Retailer Sheins 2023 Sales Hit 2 bln in UK

Lyft Unveils Improved Pay Measures to Attract more Drivers

US Candy Companies Favor Gummies, Licorice over Pricey Halloween Chocolates

French Spirits Stocks Fall on Chinas AntiDumping Measures

Hyundai to Launch 3B India IPO next Week at 1,8651,960 Rupees per Share, Sources

Matthews’ Taylor on AI in Asian Emerging Markets

Oil Retreats as Investors Pare Bets on Middle East War Risk after Sharp Rally

Chinas Probes on EU Products Following EV Tariffs

What’s next for GIFT City: A closer look at India’s emerging financial powerhouse

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