ZAR Stable as Rising Precious Metals Offset Stronger Dollar

JOHANNESBURG, Nov 22 Reuters The South African rand was little changed on Friday as stronger precious metal prices and the central bank39;s cautious approach to cutting interest rates offset a stronger dollar. At 1410 GMT, the rand traded at 18.1025 against the U.S. dollar , near Thursday39;s closing level of 18.0925. The dollar was up […]
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Nissan Says about 1,000 US Staff Accept Early Retirement

TOKYO, Reuters About 6 of Nissan Motor staff in the United States have accepted early retirement packages, a company spokesperson said on Thursday, as part of the struggling Japanese carmaker39;s plan to cut 9,000 jobs worldwide. Nissan had about 17,000 employees in the U.S. as of March, according to a security filing. Roughly 1,000 U.S. employees are […]
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Petrobras approves 3.4B in extra dividends, 111B strategic plan

SAO PAULORIO DE JANEIRO, Reuters Brazilian staterun oil firm Petrobras approved on Thursday a payout of 20 billion reais 3.4 billion in extraordinary dividends to shareholders, and it lowered the minimum cash level required for its 111 billion strategic plan. Petrobras said in a securities filing that around 15.6 billion reais of the payout would come out […]
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Kioxias Market Value Set at 4.9 Billion in IPO

TOKYO, Nov 22 Reuters Bain Capitalbacked Kioxia39;s market value is seen around 750 billion yen 4.85 billion in its initial public offering, a regulatory filing showed on Friday. The IPO will have a deal value of about 100 billion yen 645.45 million excluding overallotment. Bain and Toshiba will sell shares in the IPO. Separately, Kioxia […]
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